The National Credit Union Administration finalized its embattled field-of-membership rule significantly expanding the service areas in which community credit unions can do business.
ICBA Reinsurance, the captive reinsurance company of the Independent Community Bankers of America, today announced that William Loving, president and CEO of Pendleton Community Bank Inc. in Franklin, West Virginia, was elected to the ICBA Reinsurance board of directors.
ICBA thanked Rep. Chrissy Houlahan (D-Pa.) for introducing the House version of ICBA-advocated legislation to forgive Paycheck Protection Program loans under $150,000.
Consumer Financial Protection Bureau Director Kathleen Kraninger encouraged public input on the bureau's request for information on the regulatory environment.
The Bank Policy Institute, Center for Responsible Lending and Independent Community Bankers of America today urged Congress to impose a three-year moratorium on industrial loan company licensing applications.
On behalf of the American Bankers Association and the Independent Community Bankers of America, representing over 52,000 bank locations across the United States, we write to express our concern over possible inclusion of the so-called “Livestock Trust” legislation in the COVID-19 relief package being considered by the Senate.
ICBA Securities, the broker-dealer subsidiary of the Independent Community Bankers of America, today announced that Jerry Walker, president and CEO of the Independent Community Bankers Association of New Mexico, was elected to the ICBA Securities board of directors.
With new Small Business Administration data showcasing the outsized role of community banks in serving small businesses and underserved communities amid the COVID crisis, ICBA is urging the Senate to incorporate needed reforms in the next round of stimulus legislation.
Senate Republicans released initial proposals for the next round of stimulus legislation that include several ICBA-advocated provisions, though ICBA will continue working with lawmakers to craft the legislation.
Congress should pass pending legislation to close the industrial loan company loophole, ICBA President and CEO Rebeca Romero Rainey wrote in an op-ed on Medium.
The Consumer Financial Protection Bureau is conducting a survey of institutions offering small-business credit products to determine potential one-time costs associated with complying with Section 1071 of the Dodd Frank Act.
ICBA Services Network, the business services subsidiary of the Independent Community Bankers of America, today announced that Shon Myers, chairman, president and CEO of Farmers & Merchants Bank in Miamisburg, Ohio, was elected to the ICBA Services Network board of directors.
Visa economists report that consumer confidence is slowly rebounding, Gen Z consumers worry about public health than the economy or their own health, and more.
The SBA's release of Paycheck Protection Program loan data confirms that community banks have led the way in supporting the economic recovery in local communities.