On March 25, the U.S. Senate passed the Coronavirus Aid, Relief, and Economic Security (CARES) Act. The House of Representatives is expected to pass the legislation, and the President is expected to sign it into law. ICBA succeeded in including a number of provisions that will help community banks sustain critical economic activity with access to credit to struggling small businesses, families, and individuals.
Independent Community Bankers of America President and CEO Rebeca Romero Rainey issued this statement after the House passed the Coronavirus Aid, Relief, and Economic Security (CARES) Act, sending it to President Donald Trump to be signed into law.
The Federal Reserve said it will not take action against financial institutions with $5 billion or less in total assets for submitting certain financial statements within 30 days of the March 31 filing deadline.
ICBA President and CEO Rebeca Romero Rainey issued this statement on the coronavirus stimulus package compromise reached today by Congress and the Trump administration.
The Independent Community Bankers of America announced today that Venminder has been selected as the newest Preferred Service Provider for its third-party risk management software.
The Senate is convening now to advance the economic stimulus package responding to the coronavirus outbreak. We at ICBA often say that our star shines brightest when we are in the midst of a challenge—just as community bankers do.
At a time of social distancing, the Independent Community Bankers of America wants consumers to know that community banks put the “community” into banking and are here to serve the needs of their customers and communities throughout the coronavirus pandemic and beyond.
The Independent Community Bankers of America and the nation’s community banks are honoring the contributions of America’s local farmers, ranchers and agricultural enterprises during today's National Ag Day.
The Independent Community Bankers of America is writing to you today in the midst of an unprecedented health crisis that has temporarily placed considerable hardships on the nation’s communities that are served by community banks.
The Independent Community Bankers of America wants consumers to rest assured that their FDIC insured deposits are safe in their local community bank and offers additional tips for expanding coverage.
Federal and state banking regulators said Sunday that they will not direct supervised institutions to automatically categorize coronavirus-related loan modifications as troubled debt restructurings.
ICBA President and CEO Rebeca Romero Rainey issued this statement on the coronavirus stimulus package that Congress and the Trump administration are developing.
The Independent Community Bankers of America today reminded consumers and community banking customers that their insured deposits are safe and backed by the full faith and credit of the federal government through the Federal Deposit Insurance Corp.
The Bank Policy Institute, Center for Responsible Lending (CRL), NAACP, The Leadership Conference on Civil and Human Rights, and Independent Community Bankers of America sent a letter to Federal Deposit Insurance Corporation (FDIC) Chairwoman Jelena McWilliams urging the agency not to approve deposit insurance applications submitted by industrial banks or industrial loan companies (ILC) until its ILC rulemaking is final.
On behalf of community bankers nationwide, with more than 52,000 locations, ICBA's president and CEO writes to forward recommendations for stimulus and relief measures that should be enacted expeditiously to mitigate the economic impact of the spreading coronavirus.
On behalf of community bankers nationwide, with more than 52,000 locations, ICBA's president and CEO writes to forward recommendations for stimulus and relief measures that should be enacted expeditiously to mitigate the economic impact of the spreading coronavirus.
On behalf of community bankers nationwide, with more than 52,000 locations, ICBA's president and CEO writes to forward recommendations for stimulus and relief measures that should be enacted expeditiously to mitigate the economic impact of the spreading coronavirus.
Since the beginning of the coronavirus crisis, ICBA leadership has been in intensive discussions with community bankers from across the country serving rural, suburban, and urban markets. The following recommendations reflect their judgement regarding what would be most effective in addressing the crisis.