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Community bank net income rises in Q3

Community bank net income rose 6.7% in the third quarter on higher net interest income and was up 3.9% from a year ago, according to the FDIC’s latest Quarterly Banking Profile.

Dec 13, 2024
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Article
Federal Deposit Insurance Corporation (FDIC)

ICBA Strongly Opposes CFPB Overdraft Rule

Independent Community Bankers of America (ICBA) President and CEO Rebeca Romero Rainey today issued the following statement on the Consumer Financial Protection Bureau’s final rule on overdraft...

Dec 12, 2024
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Article
Consumer Financial Protection Bureau (CFPB) Overdraft Services

ICBA remembers Past Chairman Bill McQuillan

ICBA Past Chairman William "Bill" Leo McQuillan died in Lakewood, Colo., on Dec. 4 at the age of 76. The former president and CEO of City National Bank in Greeley, Neb., served as ICBA chairman in...

Dec 12, 2024
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Article
Bank Director/Board Member

Wall Street Journal editorial: Tax credit unions

Northwest Federal Credit Union’s stadium naming-rights deal with the Washington Commanders points to the need for the federal government to tax credit unions, according to a new Wall Street Journal...

Dec 12, 2024
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Article
Credit Unions