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ICBA encourages grassroots calls on farm aid package

Dec 20, 2024 | NewsWatch Today
ICBA is urging community bankers to call their members of Congress to urge inclusion of an emergency farm aid package in a final funding bill when Congress approves a continuing resolution, or CR.

’80s-themed ICBA PAC auction set for ICBA LIVE

Dec 20, 2024 | NewsWatch Today
ICBA PAC is hosting its 36th Annual Auction Fundraiser on Wednesday, March 12, during ICBA LIVE in Nashville. Tickets for the ’80s-themed event go on sale Friday, Jan. 3.

Agencies adjust CRA asset thresholds

Dec 20, 2024 | NewsWatch Today
Federal regulators announced the 2025 updated asset-size thresholds used to define "small banks" and "intermediate small banks" under their current Community Reinvestment Act regulations.

ICBA urging congressional outreach on spending package’s farm provisions

Dec 19, 2024 | NewsWatch Today
ICBA is calling on community bankers to contact their members of Congress and urge support for including a farm bill extension and farm aid package in a pending end-of-year funding bill.

Fed cuts rates by 25 basis points

Dec 19, 2024 | NewsWatch Today
The Federal Open Market Committee voted to cut target interest rates by 25 basis points due to an easing labor market and inflation moving toward its 2% goal.

CFPB targets credit card reward programs

Dec 19, 2024 | NewsWatch Today
The Consumer Financial Protection Bureau issued a circular warning that some credit card companies operating rewards programs may be breaking the law.

ICBA applauds farm aid package, farm bill extension

Dec 18, 2024 | NewsWatch Today
ICBA applauded the initial inclusion of a farm bill extension and a $10 billion farm aid package in the year-end continuing resolution before Congress.

ICBA-advocated trigger leads bill passes Senate

Dec 18, 2024 | NewsWatch Today
ICBA-advocated legislation that would protect the financial privacy of mortgage applicants passed the Senate by unanimous consent.

Romero Rainey: Credit unions should pay taxes—period

Dec 18, 2024 | NewsWatch Today
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.

ICBA urges Congress to pass emergency farm aid

Dec 17, 2024 | NewsWatch Today
ICBA called on Congress to pass a farm bill extension and a farm aid package in addition to assisting citizens recovering from weather-related disasters.

ICBA: New ACH proposals are burdensome, risky

Dec 17, 2024 | NewsWatch Today
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, accounting challenges, and settlement risk.

OCC: Commercial credit risk stabilizing

Dec 17, 2024 | NewsWatch Today
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.