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ICBA urges agencies to ensure regulatory review has meaningful impact

ICBA called on federal regulators to take meaningful action to address excessive regulatory burdens on community banks under the agencies’ latest Economic Growth and Regulatory Paperwork Reduction...

May 07, 2024
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Article
Agencies/Regulators 

New op-ed: Congress should reject credit card routing bill

Congress should oppose legislation to establish new credit card rules that would put more money in the pockets of big-box retailers while leaving consumers & community banks to foot the bill, ICBA...

May 07, 2024
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Article
Credit Cards

FDIC, OCC detail merger proposals at House hearing

Federal banking regulators this week testified before Congress on agency proposals to update policies on bank mergers.

May 03, 2024
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Article
Federal Communications Commission (FCC)

FHLBank officials pledge to work with ICBA against harmful changes to system

Four Federal Home Loan Bank officials joined ICBA President and CEO Rebeca Romero Rainey for a fireside chat during the final session of ICBA’s Capital Summit.

May 02, 2024
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Article

Fannie, Freddie publish new policies on value reconsiderations

Fannie Mae and Freddie Mac published new Reconsideration of Value policies after collaborating with the Federal Housing Finance Agency and Federal Housing Administration.

May 02, 2024
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Article
Compliance Secondary Mortgage Market Secondary Mortgage Market

Latest Community Bank Acquisition by Tax-Exempt Credit Union Shows Need for 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 01, 2024
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Article
Credit Unions

ICBA to Agencies: Ensure Latest Regulatory Review Has Meaningful Impact on Community Bank Regulation

ICBA today called on federal regulators to take meaningful action to address excessive regulatory burdens on community banks under the agencies’ latest review under the Economic Growth and...

May 06, 2024
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Article
Agencies/Regulators 

Agencies issue community bank guide on third-party relationships

The federal banking regulators released a guide for community banks on managing risk in third-party relationships.

May 06, 2024
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Article
Compliance

Fed proposes expanding large-value payments service operations

The Federal Reserve Board requested comment on a proposal to expand the operating days of the Federal Reserve Banks' two large-value payments services.

May 06, 2024
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Article

Fed’s Bowman expects ongoing inflation

Federal Reserve Governor Michelle Bowman said she expects inflation to remain elevated for “some time.”

May 06, 2024
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Article

FHFA reports rise in single-family guarantee fees

The Federal Housing Finance Agency said the average single-family guarantee fee increased by 4 basis points to 61 basis points in 2022.

May 03, 2024
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Article
Housing Finance/GSEs

ICBA’s Rebeca Romero Rainey and Anne Balcer Named as Washingtonian’s Most Influential People

ICBA President and CEO Rebeca Romero Rainey and ICBA Senior Executive Vice President, Chief of Government Relations and Public Policy Anne Balcer were named to Washingtonian magazine’s 500 Most...

May 02, 2024
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Article
Community Bank Awareness

ICBA: Latest credit union acquisition shows need for 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 02, 2024
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Article
Credit Unions

Colorado senators strip provision permitting credit union acquisitions

Colorado lawmakers blocked a community bank-opposed legislative provision that would permit credit union acquisitions of the state’s banks.

May 02, 2024
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Article
Credit Unions

Rep. Hill thanks community bankers for advocacy at Capital Summit

At the 2024 ICBA Capital Summit, Rep. French Hill (R-Ark.) commended community bankers for their efforts to challenge misguided regulatory initiatives in support of local communities.

May 01, 2024
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Article

‘Bank of Dave’ community banker advocates proportional regulation

The U.K. community banker who inspired the Netflix hit “Bank of Dave” pledged to work with ICBA and U.S. community banks in support of proportional regulation.

Apr 30, 2024
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Article

FHFA releases fair lending final rule

The Federal Housing Finance Agency released a final rule to codify fair lending and fair housing standards.

Apr 30, 2024
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Article
Compliance

Romero Rainey touts decentralized banking system in new op-ed

In a new op-ed pushing back against claims that the United States has too many banks, ICBA President and CEO Rebeca Romero Rainey touted the importance of community banks to local communities and...

Apr 29, 2024
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Article

Founder of world’s largest crypto exchange sentenced to prison

The founder of the world’s largest crypto exchange was sentenced to four months in prison after pleading guilty to Bank Secrecy Act, money-transmitting, and sanctions violations.

May 01, 2024
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Article
Digital Assets

Romero Rainey thanks community bank advocates

ICBA President and CEO Rebeca Romero Rainey welcomed a record number of community bankers and first-time attendees to this year’s ICBA Capital Summit.

Apr 30, 2024
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Article

With Capital Summit underway, ICBA releases new polling on policy priorities

ICBA today is kicking off the 2024 ICBA Capital Summit in Washington with the release of new polling data showing Americans support community banker views on the pressing issues attendees will be...

Apr 29, 2024
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Article

ICBA urges grassroots action

With the ICBA Capital Summit set for next week, ICBA is calling on community bankers across the nation to send messages to their members of Congress on the issues that will be discussed during...

Apr 26, 2024
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Article

ICBA Shares Stifel Statement on Importance of Community Banks

The Independent Community Bankers of America issued the following statement. "While a recent unfortunate headline took comments out of context, we have considered the subsequent feedback and...

Apr 29, 2024
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Article

ICBA lays out legislative priorities ahead of Capital Summit

ICBA released its legislative and regulatory policy objectives for 2024 ahead of next week’s ICBA Capital Summit.

Apr 26, 2024
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Article

ICBA Releases 2024 Community Banking Policy Resolutions

The Independent Community Bankers of America (ICBA) today released its legislative and regulatory policy objectives for 2024 ahead of the ICBA Capital Summit, scheduled for April 28-May 1.

Apr 25, 2024
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Article

Colorado groups oppose bill enabling credit union acquisitions

A new op-ed from Colorado community banking representatives raises concerns over acquisitions of tax-paying community banks by tax-exempt credit unions.

Apr 25, 2024
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Article
Credit Unions

As Community Bankers Gather in Washington, New Polling Shows Public Support for Policy Priorities

ICBA today is kicking off the 2024 ICBA Capital Summit in Washington with the release of new polling data showing Americans support community banker views on the pressing issues attendees will be...

Apr 25, 2024
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Article

ICBA pushing grassroots ahead of next week’s Capital Summit

With the ICBA Capital Summit set for next week, ICBA is calling on community bankers across the nation to send messages to their members of Congress on the issues that will be discussed during...

Apr 25, 2024
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Article

Labor Department finalizes ICBA-opposed overtime rule

The Labor Department issued a final rule to increase the number of employees who are entitled to overtime compensation.

Apr 24, 2024
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Article
Department of Labor

Deadline today: Capital Summit online registration

Today is the online registration deadline for the 2024 ICBA Capital Summit, the industry’s premier advocacy event.

Apr 24, 2024
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Article

ICBA whitepaper explores trends in fair lending and redlining practices

A new ICBA whitepaper provides an in-depth look at current trends in fair lending and the scrutiny of redlining practices.

Apr 22, 2024
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Article
Lending

ICBA: grassroots advocacy needed ahead of Capital Summit

As hundreds of community bankers prepare to attend ICBA Capital Summit, which kicks off on Sunday, May 28, ICBA is urging community banks to show support by sending this letter to their members of...

Apr 22, 2024
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Article

ICBA PAC schedules 19th Annual Golf Classic

ICBA PAC is hosting its 19th Annual Golf Classic on June 17 at the Minneapolis Golf Club in St. Louis Park, Minn.

Apr 23, 2024
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Article

Fed's Financial Stability Report highlights key risks

Persistent inflation and tighter monetary policy are the primary risks to the U.S. financial system, according to the Federal Reserve’s semiannual Financial Stability Report.

Apr 22, 2024
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Article

FHFA seeks comment on proposed GSE offerings

The Federal Housing Finance Agency is seeking feedback on proposed new product offerings from Freddie Mac.

Apr 19, 2024
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Article
Federal Housing Finance Agency

House Financial Services Committee passes resolutions nullifying climate disclosure and credit card late fee rules

The House Financial Services Committee advanced two ICBA-supported Congressional Review Act resolutions, to the full House for consideration. H.J. Res. 127 and H.J. Res. 122, both passed by a 28-22...

Apr 18, 2024
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Article
Congressional Matters

ICBA meets with Fed Governor Bowman on Reg II debit card rule

ICBA’s Anne Balcer met yesterday with Federal Reserve Governor Michelle Bowman on the agency’s proposal to lower debit card interchange fees.

Apr 19, 2024
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Article

ICBA whitepaper explores trends in fair lending and redlining practices

A new ICBA whitepaper provides an in-depth look at current trends in fair lending and the scrutiny of redlining practices.

Apr 19, 2024
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Article
Compliance Lending

New Fraud and Compliance subgroups on ICBA Community

ICBA launched a new fraud subgroup and a new compliance subgroup on its ICBA Community online platform.

Apr 18, 2024
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Article

Today: ThinkTECH Alumni Showcase

ICBA is hosting a webinar featuring demonstrations of the latest solutions from several ThinkTECH Accelerator alumni.

Apr 18, 2024
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Article

ICBA expresses support for resolution markup

ICBA wrote to House leadership expressing support for the markup of two Congressional Review Act resolutions: H.J. Res. 122 and H.J. Res. 127.

Apr 17, 2024
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Article
Congressional Matters

ICBA Promotes Financial Empowerment Through Financial Knowledge

In recognition of Financial Literacy Month in April, ICBA and the nation's community banks are encouraging Americans to employ fiscally responsible habits and equip themselves with essential...

Apr 15, 2024
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Article
Community Bank Awareness

ICBA continues urging calls on farm bill

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

Apr 15, 2024
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Article
Agriculture Farm Bill

‘Pig butchering’ demands a policy response: ICBA blog

With “pig butchering” scams depending on cryptocurrencies to defraud victims and launder the proceeds, policymakers must strengthen protections against the crypto sector, according to a new ICBA...

Apr 17, 2024
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Article
Digital Assets

Capital Summit registration deadline next week

With the deadline to sign up for the 2024 ICBA Capital Summit arriving next week, registrations are trending toward record-level attendance for the industry’s premier advocacy event.

Apr 17, 2024
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Article

Global securities group planning next steps on crypto rules

The International Organization of Securities Commissions said it plans to build on its proposals on crypto markets and decentralized finance in the coming year.

Apr 15, 2024
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Article
Digital Assets

Deadline approaching for Capital Summit registration

With the deadline to sign up for the 2024 ICBA Capital Summit arriving next week, registrations are trending toward record-level attendance for the industry’s premier advocacy event.

Apr 15, 2024
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Article

Treasury repeats call for new authorities to target crypto crime

The Treasury Department reiterated its calls for Congress to grant the department additional tools to address illicit actors’ use of cryptocurrencies to facilitate crime.

Apr 10, 2024
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Article
Digital Assets

ICBA polling shows Americans oppose credit card routing mandates

With Congress back in Washington following a two-week district work period, ICBA released polling that shows Americans oppose legislation to create credit card routing mandates.

Apr 08, 2024
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Article
Congressional Matters Credit Cards

Challenge to credit card late fee rule introduced in Senate

An ICBA-backed resolution to nullify the Consumer Financial Protection Bureau’s final rule to cut credit card late fees was introduced in the Senate.

Apr 09, 2024
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Article
Credit Cards

ICBA Capital Summit this month

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

Apr 09, 2024
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Article

Hsu suggests banks should be liable for authorized transactions

Acting Comptroller of the Currency Michael Hsu indicated he supports requiring banks to reimburse customers tricked into sending money to fraudulent accounts.

Apr 05, 2024
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Article
Fraud

Independent Banker profiles ICBA board of directors

This month’s ICBA Independent Banker magazine introduces the 2024-2025 ICBA board of directors.

Apr 04, 2024
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Article

SEC suspends ICBA-opposed climate-disclosure rule

The Securities and Exchange Commission suspended the implementation of its ICBA-opposed final rule requiring climate-related investor disclosures.

Apr 08, 2024
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Article
Security

Community Bankers to Convene for ICBA Capital Summit in the Nation’s Capital

The Independent Community Bankers of America (ICBA) will host hundreds of community bank leaders during the 2024 ICBA Capital Summit from April 28 to May 1 in Washington.

Apr 08, 2024
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Article

Polling Shows Americans Oppose Durbin-Marshall Credit Card Routing Mandates

With Congress back in Washington following a two-week district work period, new polling from the Independent Community Bankers of America (ICBA) shows Americans say legislation to create credit...

Apr 07, 2024
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Article
Credit Cards Regulatory Relief

FHFA issues progress report on FHLBank policy updates

​​​​​​​​​​​​​​​​​​The Federal Housing Finance Agency provided an update on its implementation of recommendations included in last year’s report on the Federal Home Loan Bank system.

Apr 05, 2024
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Article
Compliance Federal Housing Finance Agency

SEC official: Agency taking consistent approach to crypto

The Securities and Exchange Commission’s head of enforcement, Gurbir Grewal, defended his agency’s actions against illicitly traded cryptoassets.

Apr 04, 2024
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Article
Digital Assets

ICBA urges agencies to issue cease-and-desist orders to Navy Federal

Following Navy Federal Credit Union’s announcement that its overseas military banking program will be called “Community Bank,” ICBA urged regulators to issue cease-and-desist orders directing the...

Apr 03, 2024
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Article
Credit Unions

With Navy Federal Calling Itself a Community Bank, ICBA Urges Regulators to Issue Cease-and-Desist Orders

ICBA President and CEO Rebeca Romero Rainey issued the following statement on tax-exempt Navy Federal Credit Union labeling its program to serve overseas military installations "Community Bank,...

Apr 02, 2024
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Article
Credit Unions