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ICBA, groups dispel myths about debit card interchange proposal

ICBA and other groups released a document correcting myths surrounding the Federal Reserve’s proposed changes to Regulation II on debit card interchange.

Mar 19, 2024
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Article
Debit Cards

Indiana Banker Elected ICBA Chairman

Lucas White, president of The Fountain Trust Co. in Covington, Ind., was elected chairman of the Independent Community Bankers of America for 2024-25. His term began March 17 at the conclusion of...

Mar 18, 2024
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Article

ICBA Announces 2024-25 Executive Committee

The Independent Community Bankers of America today announced the election of its 2024-25 Executive Committee during the 2024 ICBA LIVE national convention in Orlando, Fla.

Mar 15, 2024
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Article

ICBA Celebrates Milestone Anniversaries for Key Providers Supporting Community Banking

ICBA today is pleased to recognize milestone anniversaries for two of its established Preferred Service Providers (PSPs), which offer best-in-class services and solutions that help community banks...

Mar 15, 2024
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Article

ICBA, Jack Henry Expand Preferred Service Provider Program with Digital Banking, Payments, Operations and Information Security Tools

The Independent community Bankers of America announced an expanded agreement with Preferred Service Provider Jack Henry that offers modern-day conveniences for retail and banking customers.

Mar 14, 2024
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Article

ICBA launches new tool to foster employee engagement and retention

ICBA Education launched a new resource to support the career growth of community bank staff.

Mar 14, 2024
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Article

ICBA LIVE starts today in Orlando

ICBA today is kicking off its ICBA LIVE 2024 national convention in Orlando, Fla.

Mar 14, 2024
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Article

Agencies announce appraisal relief for Hawaii

To help facilitate recovery efforts from last year’s wildfires in Hawaii, federal banking regulators temporarily paused certain appraisal requirements for real estate-related transactions in Maui...

Mar 14, 2024
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Article
Agencies/Regulators 

Senator plugs ICBA-backed ‘trigger leads’ bill during hearing

Senate Banking Committee members discussed ICBA-advocated legislation to protect the financial privacy of mortgage applicants during a hearing on housing policy.

Mar 13, 2024
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Article
Congressional Matters

Hill says FDIC should distinguish blockchain from crypto

FDIC Chair Travis Hill said his agency should update its guidelines on digital assets to open the door to bank use of blockchain technology.

Mar 12, 2024
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Article
Federal Deposit Insurance Corporation (FDIC)

Grassroots alert: ICBA continues farm bill push

ICBA continues urging community bankers to call their members of Congress on the pending farm bill.

Mar 12, 2024
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Article
Farm Bill

ICBA Past Chairman Leland Stenehjem Jr. dies

ICBA Past Chairman Leland Manford Stenehjem Jr. died at his home in Phoenix, Ariz., on Feb. 28 at the age of 78.

Mar 08, 2024
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Article

Biden proposes raising corporate tax rates

President Joe Biden proposed raising corporate tax rates from lower rates enacted under the 2017 Tax Cuts and Jobs Act.

Mar 08, 2024
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Article
Taxes & Budget

ICBA LIVE Begins Today with the Theme 'Here for Good,' Spotlighting Community Banks' Enduring Impact

Starting today, community bankers and industry leaders from across the country will gather for the 2024 Independent Community Bankers of America (ICBA) national convention, ICBA LIVE, at the...

Mar 14, 2024
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Article

ICBA points to polling on credit unions following latest acquisition

Following the latest credit union acquisition of a community bank, ICBA pointed to its recently released polling data showing Americans support reforms to policies that arbitrarily favor credit...

Mar 13, 2024
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Article
Credit Unions

Hsu: Agencies considering operational resilience rules for large banks

Federal banking regulators are considering baseline operational resilience requirements for large banks with critical operations, Acting Comptroller of the Currency Michael Hsu said.

Mar 13, 2024
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Article
Agencies/Regulators 

ICBA, groups urge support for ‘trigger leads’ bill ahead of hearing

ICBA and other groups expressed strong support for bipartisan legislation to help protect the financial privacy of mortgage applicants ahead of a Senate hearing set for today.

Mar 12, 2024
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Article
Congressional Matters

Grassroots urgent: ICBA continues farm bill push

ICBA continues urging community bankers to take a couple of minutes to call their members of Congress on the pending farm bill.

Mar 11, 2024
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Article
Farm Bill

Hearing this week on CFPB overreach

Hearing this week on CFPB overreach

Mar 11, 2024
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Article
Consumer Financial Protection Bureau (CFPB)

ICBA Capital Summit registration open

Registration is open for the 2024 ICBA Capital Summit, the industry’s premier advocacy event scheduled for April 28-May 1 in Washington, D.C.

Mar 11, 2024
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Article

ICBA again rejects Biden ‘junk fee’ remarks

ICBA rejected President Joe Biden’s latest mischaracterization of overdraft services and credit card fees for late payments as “junk fees.”

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

SEC finalizes ICBA-opposed climate-disclosure rule

The Securities and Exchange Commission approved a final rule requiring climate-related investor disclosures with some ICBA-advocated relief for publicly held community banks, though ICBA said it...

Mar 07, 2024
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Article
Compliance

ICBA quarterly advocacy briefing today

ICBA today is hosting its first-quarter update on regulations and congressional events from inside the Capital Beltway.

Mar 07, 2024
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Article

Powell: Regulators will change Basel III Endgame rule

Federal Reserve Chair Jerome Powell told Congress that regulators will likely make substantial updates to their proposed Basel III Endgame capital standards.

Mar 07, 2024
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Article

ICBA Statement on SEC Final Rule on Climate Disclosures

Independent Community Bankers of America (ICBA) President and CEO Rebeca Romero Rainey released the following statement on today’s Securities and Exchange Commission final rule requiring public...

Mar 06, 2024
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Article
Security

Tether stablecoin—a destination for scammed funds—tops $100B

The unregulated Tether stablecoin reached $100 billion in circulation this week amid rising demand for cryptocurrencies, Reuters reported.

Mar 06, 2024
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Article
Digital Assets

ICBA Statement on CFPB Rulemaking on Credit Card Late Fees

Independent Community Bankers of America President and CEO Rebeca Romero Rainey released the following statement on today’s Consumer Financial Protection Bureau final rule on credit card fees for...

Mar 05, 2024
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Article
Consumer Financial Protection Bureau (CFPB) Compliance Credit Cards

ICBA Statement on White House Comments on Overdraft, Credit Card Services

Independent Community Bankers of America (ICBA) President and CEO Rebeca Romero Rainey released the following statement on today’s White House comments on overdraft and credit card services ahead...

Mar 07, 2024
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Article
Overdraft Services

CFPB finalizes rule on credit card late fees with community bank exemption

ICBA said it remains concerned about the unintended consequences of a newly released Consumer Financial Protection Bureau final rule to cut credit card late fees despite an exemption for the...

Mar 06, 2024
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Article
Consumer Financial Protection Bureau (CFPB) Compliance

WSJ: Better rates, face time sending consumers to community banks

A growing number of bank customers are moving their money from large institutions to community banks, according to a new Wall Street Journal report.

Mar 06, 2024
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Article

Independent Banker introduces incoming ICBA chairman Lucas White

The March issue of ICBA Independent Banker magazine profiles incoming ICBA Chairman Lucas White.

Mar 05, 2024
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Article
Bank Director/Board Member

ICBA quarterly advocacy briefing this week

ICBA this week is hosting its first-quarter update on regulations and congressional events from inside the Capital Beltway.

Mar 05, 2024
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Article

Consumers lose protections with credit union-bank acquisitions: NCUA official

Consumers receive fewer financial protections from tax-exempt credit unions than they do from tax-paying banks and lose protections when credit unions acquire banks, according to a top National...

Mar 05, 2024
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Article
Credit Unions

ICBA poll shows Americans support changing credit union policies

With credit union representatives meeting with members of Congress in Washington this week, ICBA today is releasing new polling data showing Americans support reforms to policies that arbitrarily...

Mar 04, 2024
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Article
Credit Unions

Regulators meeting this week at Community Reinvestment Conference

Regulators meeting this week at Community Reinvestment Conference.

Mar 04, 2024
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Article
Agencies/Regulators 

Poll: Americans Support Changing Policies Favoring Tax-Exempt Credit Unions

The Independent Community Bankers of America (ICBA) today released new polling data showing Americans support reforms to policies that arbitrarily favor credit unions.

Mar 01, 2024
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Article
Credit Unions

CFPB issues guidance on financial comparison-shopping sites

The CFPB issued guidance to law enforcement agencies and regulators explaining how companies operating comparison-shopping tools can break the law when they steer consumers to certain products or...

Mar 01, 2024
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Article
Consumer Financial Protection Bureau (CFPB) Compliance

ICBA urging opposition to Florida credit union bill

ICBA is encouraging Florida community bankers to respond to the Florida Bankers Association’s request for phone calls opposing state legislation to expand the powers of tax-exempt credit unions.

Feb 29, 2024
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Article
Credit Unions

Fed’s Bowman: CRA rule would constrain community banks

The Community Reinvestment Act final rule issued last fall is unnecessarily complex and would impose disproportionate regulatory burdens on community banks, Federal Reserve Governor Michelle Bowman...

Feb 28, 2024
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Article
Community Reinvestment Act (CRA)

ICBA-backed bill would codify program supporting minority banks

Rep. Joyce Beatty (D-Ohio) introduced ICBA-supported legislation to codify a Treasury Department program to support minority depository institutions and other community banks.

Mar 04, 2024
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Article