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ICBA seeking videos on how community banks are ‘here for good’

ICBA is calling on community bankers to submit videos on how their banks represent the ICBA LIVE 2024 theme: Here for Good.

Jan 22, 2024
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Article

FDIC demands entities cease false deposit insurance claims

The FDIC issued letters demanding five entities and certain associated parties cease and desist from making false and misleading statements about FDIC deposit insurance.

Jan 22, 2024
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Article

Stabenow outlines farm bill safety net principles

Senate Agriculture Committee Chairwoman Debbie Stabenow (D-Mich.) sent a letter to committee members outlining her plan for the farm safety net in the 2024 farm bill.

Jan 22, 2024
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Article
Farm Bill

ICBA urges credit union hearing following Navy Federal reports

ICBA called on congressional committees to convene a hearing on credit union lending practices and oversight following reports of discriminatory lending at Navy Federal Credit Union.

Jan 19, 2024
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Article
Credit Unions

Stablecoins top choice for crypto scams: report

Stablecoins last year were used in 70% of crypto scam transactions and more than 80% of crypto payments to sanctioned countries, individuals, and companies, according to a new report.

Jan 19, 2024
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Article
Digital Assets

OCC issues guidance on shorter securities settlement cycle

The OCC said banks should prepare for a change in the standard securities settlement cycle for most U.S. securities transactions, effective May 28.

Jan 18, 2024
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Article

Credit card, rural lending grassroots ongoing

ICBA continues calling on community bankers to urge their lawmakers

Jan 18, 2024
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Article
Credit Cards

CISA issues emergency directive on Ivanti vulnerabilities

The Cybersecurity and Infrastructure Security Agency issued an emergency directive that requires agencies to implement vendor-published mitigation guidance immediately to Ivanti Connect Secure and...

Jan 22, 2024
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Article
Cybersecurity

Huizenga: SEC underestimates cost of climate disclosure proposal

HFS Subcommittee on Oversight and Investigations Chairman Bill Huizenga (R-Mich.) said the Securities and Exchange Commission has dramatically underestimated the cost of its proposed rule to...

Jan 19, 2024
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Article

Hsu calls for new liquidity standards for midsize, large banks

Acting Comptroller of the Currency Michael Hsu called for new regulations that would require midsize and large banks to have sufficient liquidity to cover stress outflows over a five-day period.

Jan 19, 2024
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Article

Agencies start 10-year regulatory review

Federal banking regulators kicked off their decennial review of agency rules under the Economic Growth and Regulatory Paperwork Reduction Act.

Jan 18, 2024
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Article
Agencies/Regulators 

ICBA Announces 2024-25 Board of Directors Nominations for Elections During ICBA LIVE in March

ICBA today announced the nominees to serve on its 2024-25 board of directors. ICBA’s current board will vote on the nominations during ICBA LIVE 2024—the largest gathering of community banks...

Jan 16, 2024
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Article

Week in Washington: Fed’s Waller shares economic outlook, hearings on housing supply, capital access

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.

Jan 16, 2024
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Article

‘Tell Your Story’ Toolkit offers resources for 2024

ICBA’s complimentary "Tell Your Story" Marketing Communications Toolkit offers new and updated resources to help community banks plan for the year ahead.

Jan 16, 2024
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Article
Marketing

ICBA, Travelers Celebrate Program’s 40th Anniversary with 22nd Dividend Payout

ICBA announced that its partnership with Travelers, which celebrated 40 years in 2023, will provide its 22nd consecutive annual dividend, bringing its total payout to more than $80 million for...

Jan 17, 2024
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Article

‘40 Under 40’ nominations now open

ICBA Independent Banker opened nominations for its 2024 “40 Under 40: Community Bank Leaders” awards.

Jan 16, 2024
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Article

Senators seek agency review of Navy Federal lending disparities

Senate Banking Committee Chairman Sherrod Brown and other Democratic members of the panel called on federal agencies to review Navy Federal Credit Union’s mortgage lending practices following...

Jan 12, 2024
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Article
Credit Unions

ICBA Statement on Tax-Exempt Credit Union Acquisitions of Tax-Paying Community Banks

Independent Community Bankers of America (ICBA) President and CEO Rebeca Romero Rainey issued the following statement on recent acquisitions of tax-paying community banks by tax-exempt credit unions.

Jan 11, 2024
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Article
Credit Unions

ICBA urges action on credit unions following latest community bank acquisition

Following the latest report of a credit union acquisition of a tax-paying community bank, ICBA continued its call for Congress to investigate the credit union tax exemption.

Jan 11, 2024
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Article
Credit Unions

SEC approves bitcoin-based exchange-traded funds

The Securities and Exchange Commission approved a series of proposed rule changes that will allow for the listing and trading of bitcoin-based products on national securities exchanges.

Jan 11, 2024
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Article
Security

Six payment trends for 2024 featured in new blog post

A new blog post from ICBA Payments President and CEO Tina Giorgio spotlights six key payments trends that will help community banks ease regulatory and economic pressure in 2024.

Jan 16, 2024
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Article

Blog post details six payment trends for 2024

A new blog post from ICBA Payments President and CEO Tina Giorgio spotlights six key payments trends that will help community banks ease regulatory and economic pressure in 2024.

Jan 12, 2024
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Article

ICBA hits back after second credit union acquisition in two days

Following the second report of a historically large credit union acquisition of a tax-paying community bank in as many days, ICBA once again called on Congress to investigate.

Jan 12, 2024
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Article
Credit Unions

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.

Jan 11, 2024
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Article

ICBA pressing grassroots as senators push for credit card routing hearing

With senators pushing for a hearing as soon as next month on ICBA-opposed legislation to impose credit card routing restrictions, ICBA is calling on community bankers to urge their members of...

Jan 10, 2024
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Article
Credit Cards

FDIC’s McKernan: Agencies should review policies on major asset managers

FDIC Director Jonathan McKernan said regulators should investigate the impact of the “Big Three” asset managers—Vanguard, BlackRock, and State Street—on the banking industry.

Jan 08, 2024
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Article

Grassroots on rural lending relief continues

ICBA continues calling on community bankers to continue urging their members of Congress to co-sponsor legislation to support lending in rural communities.

Jan 10, 2024
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Article
Grassroots/Be Heard

CRA Partners Adds Community Reinvestment Act Support Services

CRA Partners, a subsidiary of ICBA, announced the addition of CRA support services under an agreement with Michael P. Wallace of Wallace Consulting Co. LLC to help community banks meet new...

Jan 10, 2024
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Article

ICBA pressing grassroots on rural lending relief

With lawmakers returning to Washington for the second session of the 118th Congress, ICBA is calling on community bankers to continue urging their members of Congress to co-sponsor legislation to...

Jan 09, 2024
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Article
Grassroots/Be Heard

Bowman: Climate guidance reflects agency loss of focus

Interagency climate risk principles for institutions with at least $100 billion in assets illustrate banking regulators’ lost focus on core financial risks, Federal Reserve Governor Michelle Bowman...

Jan 09, 2024
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Article

Agency panel advances report seeking DeFi framework

The Commodity Futures Trading Commission’s Technology Advisory Committee advanced a report calling on the government to address risks posed by decentralized finance.

Jan 09, 2024
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Article
Agencies/Regulators 

Yellen beneficial ownership remarks kick off week in Washington

Yellen beneficial ownership remarks kick off week in Washington.

Jan 08, 2024
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Article
Agencies/Regulators 

ThinkTECH Accelerator sessions start next week

Community bankers can register to participate in the sixth ICBA ThinkTECH Accelerator program to meet with six emerging fintech companies advancing community bank innovation.

Jan 08, 2024
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Article

ICBA Supports Proposed Long-Term Debt Requirements for Large Banks

The Independent Community Bankers of America (ICBA) expressed support for an interagency proposal to require banks with $100 billion or more in assets to maintain minimum levels of externally...

Jan 04, 2024
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Article

ICBA supports proposed debt requirements for large banks

ICBA expressed support for an interagency proposal to require banks with $100 billion or more in assets to maintain minimum levels of externally issued long-term debt.

Jan 04, 2024
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Article

Independent Banker offers 2024 CEO outlook

The January issue of ICBA's Independent Banker magazine features a look ahead at the coming year from a roundtable of community bank CEOs.

Jan 03, 2024
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Article

ICBA announces support for proposed large-bank debt rules

ICBA announced its support for an interagency proposal to require banks with $100 billion or more in assets to maintain minimum levels of externally issued long-term debt.

Jan 05, 2024
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Article

Rep. Blaine Luetkemeyer won’t seek reelection

Rep. Blaine Luetkemeyer (R-Mo.), who chairs the House Financial Services Committee’s national security subcommittee, said he will retire from Congress at the end of his current term.

Jan 05, 2024
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Article
Housing Finance/GSEs

ICBA Community tops 2,000 members

The ICBA Community online platform continues to grow, recently surpassing 2,000 members since its launch in July.

Jan 04, 2024
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Article

ThinkTECH Accelerator private sessions coming up

Community bankers can register to participate in the sixth ICBA ThinkTECH Accelerator program to meet with six emerging fintech companies advancing community bank innovation.

Jan 04, 2024
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Article