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Romero Rainey: Credit unions should pay taxes—period

Credit unions should pay taxes, as The Wall Street Journal rightly pointed out in a recent editorial, ICBA President and CEO Rebeca Romero Rainey said in a LinkedIn post.

Dec 18, 2024
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Article
Credit Unions

ICBA Applauds CR Farm Aid Package, Farm Bill Extension

Independent Community Bankers of America (ICBA) President and CEO Rebeca Romero Rainey today issued the following statement applauding the initial inclusion of a farm bill extension and a $10...

Dec 17, 2024
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Article
Congressional Matters Agriculture Farm Bill

OCC: Commercial credit risk stabilizing

The OCC reported that the federal banking system remains sound but said it expects banks to remain diligent and adhere to prudent risk management practices across all risk areas.

Dec 17, 2024
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Article
Office of the Comptroller of Currency (OCC)

ICBA to Congress: Pass Farm Bill Extension and Farm Aid Before Adjournment

ICBA President and CEO Rebeca Romero Rainey today issued the following statement urging Congress to pass a farm bill extension and a farm aid package in addition to assisting citizens recovering...

Dec 16, 2024
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Article
Agriculture Farm Bill

ICBA: New ACH proposals are burdensome, risky

ICBA said it opposes the addition of a fourth daily same-day Automated Clearing House processing window because it would be burdensome for community banks by adding late-day operational stress,...

Dec 17, 2024
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Article
Automated Clearing House (ACH)

ICBA announces ThinkTECH Accelerator Cohort

ICBA announced the selected companies for its eighth ICBA ThinkTECH Accelerator Program (AP8). The solutions represent vendor management, check fraud prevention, integration, digital banking for...

Dec 16, 2024
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Article

FCC eliminates use of Weiss ratings as standard for banks

The Federal Communications Commission eliminated the use of the Weiss ratings as the standard for U.S. banks to be considered “acceptable to FCC” for purposes of issuing qualifying program letters...

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

Report: Most fraud complaints involve crypto

Most fraud-related complaints involve fraudulent crypto investments initiated through social media contacts that later develop into relationship confidence scams, according to the Securities and...

Dec 13, 2024
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Article
Digital Assets