Washington, D.C. (Feb. 8, 2025)—Independent Community Bankers of America (ICBA) President and CEO Rebeca Romero Rainey issued the following statement on the appointment of Rodney Hood to serve as acting comptroller of the currency.
“ICBA and the nation’s community banks look forward to working with Acting Comptroller of the Currency Rodney Hood on critical banking issues following his appointment.
“In his role leading the Office of the Comptroller of the Currency, Acting Comptroller Hood will serve a critical role in ensuring a safe and sound national banking system that serves local communities and the nation’s economy. ICBA continues to encourage policymakers in Washington to address excessive regulatory burdens on community banks and ensure a level regulatory playing field between banks and nonbank entities to support a secure environment for consumers and the financial system.
“With ICBA’s ‘Repair, Reform, and Thrive’ plan outlining comprehensive reforms that address our most pressing policy challenges, we look forward to continuing to working closely with policymakers to implement needed reforms that will help community banks meet the needs of local communities.”
About ICBA
The Independent Community Bankers of America® has one mission: to create and promote an environment where community banks flourish. We power the potential of the nation’s community banks through effective advocacy, education, and innovation.
As local and trusted sources of credit, America’s community banks leverage their relationship-based business model and innovative offerings to channel deposits into the neighborhoods they serve, creating jobs, fostering economic prosperity, and fueling their customers’ financial goals and dreams. For more information, visit ICBA’s website at icba.org.
