Romero Rainey: Another Wall Street Tall Tale

Mar 5, 2019 | NewsWatch Today
While megabanks have been withdrawing from local communities in the wake of the financial crisis they created, a new Wall Street Journal article claims these areas can’t possibly get by without them, ICBA President and CEO Rebeca Romero Rainey writes. ICBA and community bankers have a more positive story to share, she wrote on Main Street Matters.

12 Winning Vendor Negotiation Tips

Feb 26, 2019 | Payments Pulse
Finding a new vendor can be a test of your negotiation skills, especially when nearly everything in business is negotiable. Follow these 12 tips from ICBA's executive vice president and chief digital strategy officer, Prabash Shrestha, to glean his winning tips and strategies for vendor negotiation.

Report Notes Solid, But Slower Growth in 2018

Feb 25, 2019 | NewsWatch Today
The Federal Reserve said it will stick to its “patient” approach as it determines future adjustments amid concerns of a slowing global economy and last year’s financial turmoil, according to the central bank’s annual report to Congress.

ICBA Advocates Uniformity, Certainty in FCC Rules

Feb 20, 2019 | NewsWatch Today
ICBA and other financial services trade associations filed an amicus brief with the Supreme Court, advocating for uniformity and certainty in hearing challenges to FCC rules.

Minnesota Bank Drives Support for Local Non-Profits

Feb 20, 2019 | Payments Pulse
In the latest issue of Bancard Confidential, Kimball, Minnesota-headquartered Harvest Bank shares how it has leveraged ICBA Bancard's charitable giving platform to help support local non-profits and charitable organizations in the communities it serves.

ICBA Expands Toolkit to Promote Savings

Feb 20, 2019 | NewsWatch Today
ICBA updated its Tell Your Story toolkit with a customizable press release to help community bankers encourage financial responsibility during America Saves Week, slated for Feb. 25-March 2.

Are Biometrics the Future of Payments Authentication?

Feb 12, 2019 | Payments Pulse
Could a fingerprint or iris scan be the answer to consumer password fatigue? Perhaps. In China, several face-detecting technologies are being used to authorize payments, with the Alipay “Smile to Pay” mobile app among the most popular.

Wolters Kluwer Triumphs in US Business News Awards

Feb 7, 2019 | Industry News From Corporate Members

ACH Volume Skyrocketed in Q418

Jan 30, 2019
The National Automated Clearing House Association (NACHA) reports that during the fourth quarter of 2018, ACH Network volume saw more growth than it has in a decade.

ICBA Statement on Subchapter S Tax Deduction

Jan 22, 2019 | Press Release
ICBA President and CEO Rebeca Romero Rainey issued a statement on the Treasury Department’s final rule expanding access to the 20 percent tax deduction for pass-through businesses.

Luetkemeyer Urges Rule Distinguishing Guidance

Jan 22, 2019 | NewsWatch Today
Rep. Blaine Luetkemeyer (R-Mo.) urged federal regulators to begin a formal rulemaking to clarify the distinctions between guidance and rules. In a letter to regulators, Luetkemeyer encouraged the agencies to adopt the principles of a September 2018 interagency statement on the role of supervisory guidance. He said the clarity will ensure banks and examiners clearly understand the grounds for enforcement actions.

Senate Banking Panel Issues Subcommittee Assignments

Jan 22, 2019 | NewsWatch Today
Senate Banking Committee Chairman Mike Crapo (R-Idaho) and Ranking Member Sherrod Brown (D-Ohio) announced the panel’s subcommittee assignments for the 116th Congress. The Subcommittee on Financial Institutions and Consumer Protection will be led by Sens. Tim Scott (R-S.C.) and Elizabeth Warren (D-Mass.).

ICBA to FDIC: Deny Square’s Latest Application

Jan 22, 2019 | NewsWatch Today
ICBA expressed disappointment in federal regulators’ insufficient proposal to reduce reporting burdens and repeated its call for a true short-form call report. Following its weeks-long grassroots advocacy campaign, ICBA said the call report for the first and third quarters should consist of a balance sheet, income statement, and statement of changes in shareholders’ equity.

ICBA Urges True Short-Form Call Report

Jan 22, 2019 | NewsWatch Today
ICBA expressed disappointment in federal regulators’ insufficient proposal to reduce reporting burdens and repeated its call for a true short-form call report. Following its weeks-long grassroots advocacy campaign, ICBA said the call report for the first and third quarters should consist of a balance sheet, income statement, and statement of changes in shareholders’ equity.

ICBA Seeks Hearings on ‘Emergency’ CU Merger

Jan 22, 2019 | NewsWatch Today
ICBA called on key congressional committees to hold hearings on the National Credit Union Administration’s approval of an “emergency merger” between Pentagon Federal Credit Union and Progressive Credit Union.

TCM Bank Supports Customers Affected by Government Shutdown

Jan 4, 2019 | Press Release
TCM Bank, N.A., a subsidiary of ICBA Bancard, announced that it is supporting its community bank partners and helping their cardholder customers who may be experiencing financial hardship during the government shutdown.