Independent Community Bankers of America (ICBA) President and CEO Rebeca Romero Rainey issued the following statement following the latest acquisition of a tax-paying community bank by a tax-exempt credit union.

The Independent Community Bankers of America® (ICBA) today announced that Mastercard has joined as a sponsor of ICBA’s innovation programming, marking a significant expansion of the relationship between the two organizations.

The Consumer Financial Protection Bureau announced that it will deprioritize enforcement of its 1071 small-business lending rule for entities not currently protected by a 5th Circuit Court order.