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FDIC announces Signature Bank buyer

The FDIC announced a purchase-and-assumption agreement with Flagstar Bank of Hicksville, N.Y., for substantially all deposits and certain loan portfolios of Signature Bridge Bank.

Mar 20, 2023
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Article
Too-Big-To-Fail/Systemic Risk

Georgia Banker Elected ICBA Chairman

Derek B. Williams, president and CEO of Century Bank & Trust in Milledgeville, Ga., was elected chairman of the Independent Community Bankers of America for 2023-24. His term begins March 16 at the...

Mar 16, 2023
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Article

ICBA Announces 2023-24 Executive Committee

The Independent Community Bankers of America® (ICBA) today announced the election of its 2023-24 Executive Committee during the 2023 ICBA LIVE national convention in Honolulu.

Mar 16, 2023
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Article
Advocacy

NCUA considering ICBA-opposed subordinated debt today

With the National Credit Union Administration meeting today on a rule to relax restrictions on issuing subordinated debt, a former NCUA official raised concerns in a recent blog post.

Mar 16, 2023
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Article
Credit Unions

FedNow Service will launch in July

The Federal Reserve is scheduled to launch its FedNow Service in July, Fed officials announced at ICBA LIVE 2023 in Hawaii.

Mar 16, 2023
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Article
Federal Reserve

Incoming ICBA Chairman Derek Williams: Community Banking Light Continues to Burn Bright

Incoming Independent Community Bankers of America Chairman Derek Williams urged community banks attending ICBA LIVE to fuel a legacy of compassion, courage and commitment that attracts and inspires...

Mar 16, 2023
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Article
Advocacy Community Bank Awareness

ICBA’s Romero Rainey: Community Bank-Focused Advocacy, Innovation, Education Will Light the Way

During her keynote speech at ICBA LIVE, ICBA President and CEO Rebeca Romero Rainey today told community bankers that ICBA’s advocacy, education and innovative efforts are driven by community...

Mar 15, 2023
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Article
Advocacy

ICBA: Silicon Valley Bank and the Nation’s Largest Banks Are Not Community Banks

Independent Community Bankers of America (ICBA) President and CEO Rebeca Romero Rainey issued this response following a joint statement released from the Treasury Department, FDIC, and Federal...

Mar 13, 2023
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Article
Deposit Insurance