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Podcast: Banking Transformed

A new episode of the Banking Transformed podcast from ICBA Preferred Service Provider MeridianLink shares actionable insights to boost bank' growth, efficiency, and customer experience.

Jun 11, 2024
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Article

ICBA Study: While 95% of Small-Business Owners Are Satisfied with Community Banks, Regulations Threaten Lending

As community banks and small businesses face increasingly burdensome and complex federal regulations, the Independent Community Bankers of America today released findings from a new study on how...

Jun 10, 2024
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Article
Lending Regulatory Relief Small Business Data Collection (1071)

ICBA requests comment extension on Fedwire schedule change

ICBA requested a 90-day extension to the Federal Reserve Board’s request for comment on expanding Fedwire Funds Service and National Settlement Services operating hours.

Jun 12, 2024
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Article

Credit union bank acquisitions break record halfway through 2024

ICBA-opposed credit union acquisitions of taxpaying community banks have reached an annual record less than halfway through the year, according to a new report.

Jun 10, 2024
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Article
Credit Unions

Simplifying the Path to Homeownership: ICBA Offers Essential Tips for Homebuyers

In celebration of National Homeownership Month, the Independent Community Bankers of America (ICBA) is encouraging current and prospective homeowners to connect with their trusted local community...

Jun 03, 2024
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Article
Community Bank Awareness Mortgage Rules

CFPB launches review of mortgage closing fees

The Consumer Financial Protection Bureau launched a public inquiry into what is driving an increase in mortgage closing costs.

May 31, 2024
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Article
Consumer Financial Protection Bureau (CFPB) Compliance

Latest Bank Acquisition by Tax-Exempt Credit Union Shows Need for Expansive Congressional Action

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

May 31, 2024
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Article
Credit Unions

Community bank net income rises in Q1

Community bank net income rose 6.1% in the first quarter but remained down 13.9% from a year ago, according to the FDIC’s latest Quarterly Banking Profile.

May 30, 2024
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Article
Community Bank Awareness

CFPB: Reg E wire transfer exemption doesn’t apply to online transactions

The Consumer Financial Protection Bureau argued in a court filing that online-initiated wire transfers are subject to the Electronic Fund Transfer Act and Regulation E, even though the law exempts...

May 30, 2024
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Article
Consumer Financial Protection Bureau (CFPB) Compliance Fraud

FDIC, CFPB hearings this week

A look at some of the hearings taking place this week that are relevant to community bankers.

Jun 10, 2024
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Article
Compliance Deposit Insurance

Another Credit Union Bank Acquisition Subsidized by Taxpayers Demands Response from Policymakers

Independent Community Bankers of America (ICBA) President and CEO Rebeca Romero Rainey issued the following statement after this year’s 12th acquisition of a tax-paying bank by a tax-exempt credit...

Jun 04, 2024
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Article
Credit Unions

Next Generation of Community Bankers Celebrated in ICBA's 40 Under 40 Listing

Independent Banker magazine, the award-winning monthly publication of the Independent Community Bankers of America (ICBA), announced its sixth annual list of 40 Under 40: Community Bank Leaders.

Jun 03, 2024
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Article

Next Generation of Community Bankers Celebrated in ICBA's 40 Under 40 Listing

Independent Banker magazine, the award-winning monthly publication of the Independent Community Bankers of America (ICBA), announced its sixth annual list of 40 Under 40: Community Bank Leaders.

May 31, 2024
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Article

Payments Leader Jacob Eisen Named ICBA Payments President and CEO

ICBA Payments, the payments-services subsidiary of the Independent Community Bankers of America (ICBA), is pleased to announce the appointment of Jacob Eisen as its new president and CEO, effective...

May 30, 2024
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Article

2024’s 10th Bank Acquisition by Tax-Exempt Credit Union Demands Response

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

May 24, 2024
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Article
Credit Unions

ICBA Statement on Farm Bill Passage by House Agriculture Committee

Independent Community Bankers of America (ICBA) President and CEO Rebeca Romero Rainey issued the following statement on House Agriculture Committee passage of the farm bill, H.R. 8467, on a 33-21...

May 24, 2024
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Article
Agriculture Farm Bill Rural Development

SEC warns investors about crypto fraud

The Securities and Exchange Commission issued an investor alert on how fraudsters use cryptoassets to lure victims and hide their identities, which makes recovering stolen funds more difficult.

May 30, 2024
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Article
Cybersecurity Digital Assets Fraud

Treasury issues risk assessment on NFTs

The Treasury Department published its first risk assessment on non-fungible tokens.

May 30, 2024
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Article
Cybersecurity Fraud

ICBA calling for grassroots outreach on CBDC bill ahead of vote

With the House expected to vote this week on ICBA-supported legislation to restrict the development of a U.S. central bank digital currency, ICBA is calling on community bankers to urge their...

May 22, 2024
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Article
Digital Assets

New podcast: how fintechs and community banks can work together

The latest episode of ICBA’s “Independent Banker” podcast highlights how fintechs can elevate community banks.

May 21, 2024
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Article

CFPB plans to extend 1071 compliance deadline following court ruling

The Consumer Financial Protection Bureau said it plans to extend the compliance deadline on its 1071 small-business data collection and reporting rule following a Supreme Court ruling that ended a...

May 20, 2024
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Article
Consumer Financial Protection Bureau (CFPB) Compliance

ICBA: Another credit union acquisition demands congressional response

Following the latest acquisition of a community bank by a tax-exempt credit union, ICBA issued a national news release calling on Congress to respond.

May 20, 2024
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Article
Credit Unions

ICBA Commends House Passage of Bill Barring Creation of U.S. Central Bank Digital Currency

ICBA today commended members of the House of Representatives who successfully voted to pass ICBA-advocated legislation that would restrict the ability of the federal government to introduce a U.S....

May 23, 2024
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Article
Digital Assets Digital Assets Government Banks

CFPB rule says BNPL lenders are credit card providers

The Consumer Financial Protection Bureau issued an interpretive rule that says “buy now, pay later” lenders are credit card providers.

May 23, 2024
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Article
Compliance

ICBA Commends House Passage of Bill Barring Creation of U.S. Central Bank Digital Currency

ICBA today commended members of the House of Representatives who successfully voted to pass ICBA-advocated legislation that would restrict the ability of the federal government to introduce a U.S....

May 22, 2024
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Article
Digital Assets

ICBA Statement on Tomorrow’s House Agriculture Committee Farm Bill Markup

Independent Community Bankers of America (ICBA) President and CEO Rebeca Romero Rainey issued the following statement on tomorrow’s House Agriculture Committee farm bill markup.

May 22, 2024
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Article
Farm Bill

ICBA issues new guide for members on check fraud

ICBA released a community banker guide to check fraud as part of its ongoing effort to address the growing problem.

May 22, 2024
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Article
Fraud

With farm bill markup tomorrow, ICBA urging grassroots outreach

ICBA is urging community bankers to call and write their members of Congress ahead of tomorrow’s House Agriculture Committee farm bill markup.

May 22, 2024
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Article
Farm Bill

ICBA urging farm bill grassroots ahead of Thursday markup

With House Agriculture Committee Chairman Glenn Thompson (R-Pa.) releasing text of his proposed farm bill ahead of this Thursday’s markup, ICBA is urging community bankers to call and write their...

May 21, 2024
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Article
Farm Bill

FDIC’s Gruenberg says he’ll step down once successor confirmed

FDIC Chairman Martin Gruenberg said he is prepared to step down from his responsibilities at the agency once a successor is confirmed.

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

ICBA chairman: Community bankers fueled advance of key bills

ICBA Chairman Lucas White said community bankers answered the call to show up in full force at this year’s Capital Summit and are seeing the results of persistently raising the red flag on...

May 20, 2024
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Article

ICBA opposes FCS exemption in Section 1071 rule

ICBA urged House Agriculture Committee leaders to oppose any exemption for Farm Credit System lenders from the Consumer Financial Protection Bureau’s 1071 small-business data collection and...

May 17, 2024
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Article
Agriculture

ICBA Commends House Committee Members for Advancing Bills to Provide Community Bank Regulatory Relief

The Independent Community Bankers of America (ICBA) today commended members of the House Financial Services Committee who voted to advance a slate of ICBA-advocated bills that support community...

May 16, 2024
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Article
Agriculture Data Security/Fraud Lending +2 More...

ICBA Statement Following Supreme Court Ruling on CFPB Funding Structure

Independent Community Bankers of America (ICBA) President and CEO Rebeca Romero Rainey issued the following statement on today’s Supreme Court ruling on the constitutionality of the Consumer...

May 16, 2024
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Article
Consumer Financial Protection Bureau (CFPB)

Another Community Bank Acquisition by Tax-Exempt Credit Union Demands Policy Response

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

May 17, 2024
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Article
Credit Unions

ICBA commends House members for advancing reg relief bills

ICBA commended members of the House Financial Services Committee who voted to advance a slate of ICBA-advocated bills that support community banks and the local communities they serve.

May 17, 2024
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Article
Congressional Matters

Supreme Court finds CFPB funding structure constitutional

The Supreme Court upheld the constitutionality of the Consumer Financial Protection Bureau’s funding structure, reversing the appellate court’s decision that held the CFPB’s funding violates the...

May 17, 2024
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Article
Consumer Financial Protection Bureau (CFPB) Compliance

Hearing targets FDIC following report on misconduct

FDIC Chairman Martin Gruenberg accepted responsibility for reports of misconduct at his agency during a House Financial Services Committee hearing on regulatory oversight.

May 16, 2024
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Article
Federal Deposit Insurance Corporation (FDIC)

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