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Barr: Fed sensitive to debit proposal’s impact on LMI borrowers

The Federal Reserve Board is sensitive to the impact of its debit interchange proposed rule on low- and moderate-income borrowers, Fed Vice Chair for Supervision Michael Barr said.

May 16, 2024
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Article

House marking up ICBA-backed pro-community bank bills

The House Financial Services Committee this week is set to take up a slate of ICBA-advocated bills in the wake of the recent ICBA Capital Summit.

May 15, 2024
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Article

House Ag Committee releases farm bill summary ahead of markup

The House Agriculture Committee released a title-by-title summary of its farm bill proposal ahead of a markup planned for next Thursday.

May 15, 2024
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Article
Agriculture

House markup on pro-community bank bills today

The House Financial Services Committee today is scheduled to mark up a slate of ICBA-advocated bills:

May 16, 2024
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Article
Advocacy

Fed governor vows support of CDFIs

Federal Reserve Governor Lisa Cook said community development financial institutions play a crucial role, calling them "financial first responders" and enumerating how the Fed supports them.

May 15, 2024
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Article

ICBA calls on agencies to reduce excessive regulations

A new ICBA blog post spotlights ICBA’s calls for regulators to conduct a comprehensive regulatory review under the Economic Growth and Regulatory Paperwork Reduction Act, or EGRPRA.

May 14, 2024
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Article
Economic Growth, Regulatory Relief, and Consumer Protection Act (EGRPRA s.2155)

Capital Summit nets new co-sponsors

As a result of the ICBA Capital Summit, more than 50 new co-sponsors have joined ICBA-advocated bills.

May 14, 2024
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Article

ICBA to Fed: Withdraw debit card interchange proposal

ICBA expressed vehement opposition to a Federal Reserve Board proposal to impose a nearly 30% cut to debit interchange that would leave nearly one-third of covered issuers below cost recovery.

May 13, 2024
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Article

ICBA urges ACRE Act support during hearing

ICBA called on the House Ways and Means Committee to take up ICBA-advocated legislation to support lending in rural communities.

May 13, 2024
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Article
Grassroots/Be Heard

ICBA Urges Agencies to Withdraw Compensation Proposal Until All Relevant Agencies Sign On

The Independent Community Bankers of America (ICBA) today issued the following statement on regulators’ proposed rulemaking on incentive-based compensation arrangements.

May 07, 2024
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Article
Regulatory Relief

ICBA, groups urge FHFA to change course on VantageScore data release

ICBA and other groups expressed concerns with a Federal Housing Finance Agency plan to publish historical data on the VantageScore 4.0 credit scoring model this year.

May 14, 2024
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Article
Federal Housing Finance Agency

Federal Reserve’s Flawed Debit Card Proposal Harms Banks, Credit Unions and Consumers

America’s banks and credit unions urged the Federal Reserve to rescind its proposal to update Regulation II (Reg II) in a comment letter submitted today. The joint letter was submitted by the Bank...

May 10, 2024
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Article

ICBA urging ACRE Act support during hearing today

ICBA today is calling on the House Ways and Means Committee to take up ICBA-advocated legislation to support lending in rural communities.

May 10, 2024
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Article
Congressional Matters

Fed report suggests climate risks difficult to measure

The Federal Reserve Board released a summary of an exploratory pilot climate scenario analysis exercise that it conducted with six of the nation's largest banks, with the megabanks reporting...

May 10, 2024
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Article

Independent Banker lists top-performing community banks

This month’s Independent Banker magazine profiles the top-performing community banks of 2024.

May 09, 2024
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Article

Cook: Fed stepping up CRE supervision

The Federal Reserve is stepping up supervisory work with community and regional banks that have significant commercial real estate concentrations, Fed Governor Lisa Cook said.

May 09, 2024
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Article

ThinkTECH Accelerator program starts this month

With the announcement of the latest cohort, ICBA encourages community banks to sign up to participate in the seventh edition of ICBA’s ThinkTECH Accelerator program.

May 09, 2024
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Article

ICBA unveils latest ThinkTECH Accelerator cohort

ICBA announced the launch of the seventh edition of its ICBA ThinkTECH Accelerator program promoting community bank innovation.

May 08, 2024
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Article

ICBA urges agencies to withdraw incomplete compensation proposal

ICBA urged federal banking regulators to withdraw an incomplete proposed rule on incentive-based compensation that lacks support from all relevant regulatory agencies.

May 08, 2024
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Article
Agencies/Regulators 

ICBA Unveils Latest ThinkTECH Accelerator Cohort

The Independent Community Bankers of America® (ICBA) announced the launch of the seventh edition of its ICBA ThinkTECH Accelerator program (AP7), promoting community bank innovation.

May 07, 2024
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Article