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New blog post shares insights from PSP Engagement Forum

ICBA’s recent PSP Engagement Forum brought together 15 PSPs, seven ThinkTECH Accelerator alumni, and community bankers for an exchange of insights and opportunities to advance community bank...

Nov 25, 2024
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Article

ICBA releases guide on contacting regulators about check fraud

ICBA’s Check Fraud Task Force published a new guide that explains how and when community banks should contact regulators about check fraud.

Nov 21, 2024
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Article
Fraud

Comments on FDIC brokered deposit rule due today

ICBA is encouraging community bankers to use its guide to submit unique comment letters on the FDIC’s notice of proposed rulemaking on brokered deposit restrictions ahead of today’s deadline.

Nov 21, 2024
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Article
Federal Deposit Insurance Corporation (FDIC)

FinCEN joins public-private partnership to combat fraud and scams

The Financial Crimes Enforcement Network announced that is has joined a multi-sector national task force dedicated to the prevention of fraud and scams.

Nov 26, 2024
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Article
Financial Crimes Enforcement Network (FinCEN)

FHFA releases plans to improve housing opportunities for the underserved

The FHFA announced that Fannie Mae and Freddie Mac will seek to extend housing access in rural underserved markets, enhance their support for manufactured housing, and continue addressing liquidity...

Nov 26, 2024
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Article
Federal Housing Finance Agency

ICBA calls on FDIC to withdraw brokered deposit proposal

ICBA urged the FDIC to withdraw its proposed rulemaking on brokered deposits to avoid harming community banks.

Nov 25, 2024
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Article
Federal Deposit Insurance Corporation (FDIC)

Fed to conduct public outreach on monetary policy review next year

The Federal Reserve announced that the 2025 periodic review of its monetary policy strategy, tools, and communications will include public outreach events.

Nov 25, 2024
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Article
Federal Reserve

ICBA LIVE registrants eligible for special drawing

Community bankers who register for ICBA LIVE 2025 by Friday, Nov. 29, will be entered into a drawing for one of three prizes.

Nov 22, 2024
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Article

CFPB finalizes rule on oversight of digital payment apps

The Consumer Financial Protection Bureau finalized a rule to supervise the largest nonbank companies offering digital funds transfer and payment wallet apps.

Nov 22, 2024
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Article
Consumer Financial Protection Bureau (CFPB)

ICBA releases new check fraud guide

ICBA’s Check Fraud Task Force this week published a new guide that explains how and when community banks should contact regulators about check fraud.

Nov 22, 2024
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Article
Fraud

ThinkTECH Connect today

ICBA’s ThinkTECH Connect—which offers community bankers a fast-paced introduction to innovative fintech companies—is scheduled for noon (Eastern time) today. Community bankers can attend the...

Nov 21, 2024
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Article

Independent Banker highlights technology trends

When assessing new technology, community bankers should ask themselves what requires the most human interaction but is tedious or repetitive work, according to the latest Independent Banker magazine.

Nov 20, 2024
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Article

Treasury notes risks in cross-border payments

If a poorly designed cross-border payments system were widely adopted, it could do significant harm to international financial stability and economic security, according to a senior Treasury...

Nov 20, 2024
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Article

New podcast on combating holiday-season fraud

The latest Independent Banker podcast spotlights how community bankers can get ahead of year-end fraud and raise awareness among consumers as the holidays approach.

Nov 19, 2024
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Article

ICBA launches Marketing Resource Center

ICBA’s Marketing Resource Center—which brings member banks valuable, vetted marketing materials to better tell their stories—is available starting today.

Nov 18, 2024
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Article
Marketing

Romero Rainey: Credit unions’ fuzzy math reveals tax exemption insecurity

While credit unions have a history of playing fast and loose with the facts, they now appear willing to say just about anything to distract from the impact of their taxpayer subsidies, ICBA...

Nov 18, 2024
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Article
Credit Unions

FDIC’s Gruenberg to retire in January

FDIC Chairman Martin Gruenberg told colleagues he will retire on Jan. 19, according to media reports of his message to agency staff.

Nov 20, 2024
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Article
Federal Deposit Insurance Corporation (FDIC)

FDIC extends comment period for custodial deposit proposal

The FDIC extended to Jan. 16 the comment period for its proposed rule on recordkeeping requirements for custodial accounts.

Nov 19, 2024
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Article
Federal Deposit Insurance Corporation (FDIC)

Blog: New Marketing Resource Center helps community banks tell their story

ICBA released a dynamic toolkit designed to equip community banks with everything they need to create consistently impactful marketing campaigns, according to a new Main Street Matters blog post.

Nov 19, 2024
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Article
Marketing

FinCEN updates FAQs on beneficial ownership

The Financial Crimes Enforcement Network updated two frequently asked questions related to access to beneficial ownership information.

Nov 18, 2024
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Article
Financial Crimes Enforcement Network (FinCEN)

ICBA supports FARM Act

ICBA said it supports the Farmer Assistance and Revenue Mitigation Act (H.R. 10045), which would offer targeted relief to farmers who have suffered crop losses due to the impact of adverse weather...

Nov 15, 2024
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Article
Farm Bill

ICBA urges community bankers to comment on FDIC brokered deposit rule

ICBA published a guide to help community bankers submit unique comment letters on the FDIC’s notice of proposed rulemaking on brokered deposit restrictions ahead of next week’s deadline.

Nov 14, 2024
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Article
Federal Deposit Insurance Corporation (FDIC)

Comments on FDIC brokered deposit rule due next week

ICBA published a guide to help community bankers submit unique comment letters on the FDIC’s notice of proposed rulemaking on brokered deposit restrictions ahead of next week’s deadline.

Nov 15, 2024
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Article
Federal Deposit Insurance Corporation (FDIC)

Independent Banker details fight against new FHLB regulations

When the Federal Housing Finance Agency last year began a deep dive on the Federal Home Loan Bank System, ICBA urged the agency not to fix what isn’t broken, as detailed in the latest Independent...

Nov 14, 2024
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Article

ICBA Foundation makes a difference

Support from the ICBA Foundation helped Rolling Fork, Miss., rebuild after a devastating tornado last year.

Nov 12, 2024
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Article

Invitation-only event next month for leaders of large community banks

ICBA’s Breaking Barriers Symposium is set for Dec. 4-5 in Washington, D.C.

Nov 12, 2024
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Article

CFPB penalizes Navy Federal Credit Union for overdraft fees

The Consumer Financial Protection Bureau ordered Navy Federal Credit Union to refund more than $80 million in overdraft fees to consumers, change its overdraft practices, and pay a $15 million...

Nov 08, 2024
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Article
Consumer Financial Protection Bureau (CFPB)

ICBA urging community bankers to comment on FDIC brokered deposit rule

ICBA published a grassroots guide to help community bankers submit unique comment letters on the FDIC’s notice of proposed rulemaking on brokered deposit restrictions.

Nov 08, 2024
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Article
Federal Deposit Insurance Corporation (FDIC)

Fed cuts rates by 25 basis points

The Federal Open Market Committee voted unanimously to cut target interest rates by 25 basis points due an easing labor market and inflation moving toward its 2% goal. The cut lowers the federal...

Nov 08, 2024
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Article

FinCEN warns banks about deepfake fraud schemes

The Financial Crimes Enforcement Network issued an alert to help financial institutions identify fraud schemes associated with the use of deepfake media created with generative artificial...

Nov 14, 2024
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Article
Financial Crimes Enforcement Network (FinCEN)

ICBA urging community bankers to comment on FDIC brokered deposit rule

ICBA published a guide to help community bankers submit unique comment letters on the FDIC’s notice of proposed rulemaking on brokered deposit restrictions.

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

Senate hearing next week on Credit Card Competition Act

Senate Judiciary Committee Chairman Dick Durbin (D-Ill.) scheduled a hearing for Tuesday, Nov. 19, on his ICBA-opposed bill to create credit card routing mandates.

Nov 13, 2024
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Article
Credit Cards

FDIC: Unbanked households at record low

Only 4.2% of U.S. households were unbanked in 2023, according to the FDIC’s latest biennial survey of Unbanked and Underbanked Households, the lowest national unbanked rate since the survey began...

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

ICBA: Another credit union acquisition as policy questions mount

After the 20th credit union acquisition of a community bank this year—and another featuring a credit union crossing state lines to buy a community bank—ICBA said the record number of transactions...

Nov 12, 2024
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Article
Credit Unions

ICBA: Another Taxpayer-Fueled Acquisition as Policy Questions Mount

Independent Community Bankers of America (ICBA) President and CEO Rebeca Romero Rainey today issued the following statement after the latest acquisition of a tax-paying bank by a tax-exempt credit...

Nov 08, 2024
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Article
Credit Unions

FDIC to unveil online tool to promote creation of minority banks

The FDIC announced that today it will introduce an online tool to help financial institutions, investors, and other interested groups to identify neighborhoods that could benefit from banking...

Nov 06, 2024
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Article
Federal Deposit Insurance Corporation (FDIC)

ICBA publishes election analysis

With the re-election of President Donald Trump, control of the Senate shifting to Republicans, and the House still up in the air, ICBA released an analysis of the 2024 election exclusively for...

Nov 07, 2024
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Article
Government Banks

FDIC committee on economic inclusion to meet next week

The FDIC announced that its Advisory Committee on Economic Inclusion (ComE-IN) will meet at 9 a.m. (Eastern time) Wednesday, Nov. 13, in Washington, D.C.

Nov 07, 2024
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Article
Federal Deposit Insurance Corporation (FDIC)

ICBA matches $25k donation for Hurricane Relief Fund

The ICBA Foundation’s Hurricane Relief Fund—which is dedicated to supporting community bankers, their employees, and communities—continues to grow, including via a $25,000 match from ICBA.

Nov 07, 2024
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Article

Coming soon: Analysis of 2024 election impact on community banking

With Election Day 2024 in the books, ICBA will release an analysis of the pending election results and their impact on community banks.

Nov 06, 2024
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Article