The Independent Community Bankers of America (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 local communities. Stories are featured in the September issue of ICBA's Independent Banker magazine.
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 Congress to justify their federal tax exemption.
ICBA told the Financial Crimes Enforcement Network that its proposed rule to update anti-money-laundering and countering-the-financing-of-terrorism programs would create additional burdens on banks without benefitting FinCEN’s efforts to reduce financial crimes.
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 banks for what is likely to be a low volume of transactions.
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 credit union.
Independent Community Bankers of America (ICBA) President and CEO Rebeca Romero Rainey today issued the following statement on Acting Comptroller of the Currency Michael Hsu’s remarks on evolving bank supervision.
ICBA’s campaign spotlighting credit union tax and regulatory inequities generated new coverage this week with a CNBC segment on acquisitions of community banks.
According to an FBI alert, teams of North Korean malicious cyber actors are targeting specific decentralized finance or cryptocurrency-related businesses with social engineering to gain unauthorized access to the companies’ networks to deploy malware and steal cryptocurrency.
Following a district court decision denying ICBA’s lawsuit challenging the Consumer Financial Protection Bureau’s 1071 small-business rule, ICBA is now appealing the ruling.
The FDIC issued the lists of institutions scheduled for a Community Reinvestment Act examination during the fourth quarter of 2024 and first quarter of 2025.
Last week, we began our internship program here at ICBA. Starting a new position is an exciting time, but it comes with unique challenges that we must face together. The first week is critical, where we learn, work, and create with others for the first time.
Federal banking regulators said they are sunsetting the Federal Financial Institutions Examination Council the Cybersecurity Assessment Tool on Aug. 31, 2025.
The Federal Financial Institutions Examination Council issued the Development, Acquisition, and Maintenance booklet as part of its Information Technology Examination Handbook.
With National Preparedness Month scheduled for September, the Independent Community Bankers of America (ICBA) and the nation’s community banks urge consumers to take essential steps to bolster their financial readiness. In 2024 alone, there have been 19 confirmed weather and climate disaster events in the United States, devastating families and costing billions in damages.
ICBA and other groups told members of Congress that their legislation to shift liability for authorized transactions to financial institutions would increase scams.
Federal Reserve Governor Christopher Waller said global networks for fast payments would have to be founded on well-developed domestic networks or it “could end up being a road to nowhere.”
The Cybersecurity and Infrastructure Security Agency, the FBI and the Department of Defense issued a joint advisory that warns of cyber actors known as Pioneer Kitten, UNC757, Parisite, Rubidium, and Lemon Sandstorm are targeting and exploiting U.S. and foreign organizations across multiple sectors.
