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CNBC features opposition to credit union acquisitions of community banks

ICBA’s campaign spotlighting credit union tax and regulatory inequities generated new coverage this week with a CNBC segment on acquisitions of community banks.

Sep 04, 2024
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Article
Credit Unions

ICBA urges CFPB to simplify rule on earned wage access products

ICBA told the Consumer Financial Protection Bureau that its proposed interpretive rule on “earned wage access” products defines “debt” too broadly.

Sep 03, 2024
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Article
Consumer Financial Protection Bureau (CFPB)

2024 Summer Internship Diaries - Vol. 1

Last week, we began our internship program here at ICBA. Starting a new position is an exciting time, but it comes with challenges that we must face together. The first week is critical, where we...

Sep 01, 2024
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Article

ICBA honors National Community Bank Service Award recipients

ICBA announced the winners of the 2024 National Community Bank Service Awards in recognition of the creative and exemplary efforts of the nation’s community banks to help their local communities.

Sep 06, 2024
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Article

ICBA 2024 National Community Bank Service Award Recipients Recognized for Community Impact and Dedication

ICBA today announced the winners of its 2024 National Community Bank Service Awards, recognizing the innovative and exceptional efforts of the nation’s community banks to support and uplift their...

Sep 05, 2024
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Article

ICBA: Credit unions are violating the limits established by Congress

After the announcement of the 15th credit union acquisition of a community bank this year, ICBA said the acquisition trend shows credit unions have expanded beyond the limits established by...

Sep 05, 2024
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Article
Credit Unions

ICBA: Proposed expansion of Fedwire/NSS operating hours not necessary

ICBA said the Federal Reserve’s proposed expansion of Fedwire Funds Service and National Settlement Service hours to 22 hours per day, seven days a week would place significant burdens on community...

Sep 05, 2024
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Article
Federal Reserve

Latest Acquisition of Tax-paying Community Bank Comes Amid Increased Attention to Credit Union Tax Exemption

Independent Community Bankers of America (ICBA) President and CEO Rebeca Romero Rainey today issued the following statement after this year’s 15th acquisition of a tax-paying bank by a tax-exempt...

Sep 04, 2024
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Article
Credit Unions