Independent Community Bankers of America President and CEO Rebeca Romero Rainey issued the following statement on the Iowa Division of Banking decision to block a credit union acquisition of a community bank.
The Independent Community Bankers of America appreciates the opportunity to respond to a request for information from the FDIC and the Federal Reserve regarding the consistency of ratings assigned by the banking agencies under the Uniform Financial Institutions Rating System, commonly referred to as the CAMELS ratings.
In today’s card risk environment, your bank needs a comprehensive fraud strategy that includes cardholder education backed by powerful fraud prevention and detection technology.
A banker asked me recently how to increase the profits of his bank’s credit card program. This Midwest bank had been issuing cards for more than a decade, but recent growth had been stagnant, and the banker was looking for strategies to improve the portfolio.
Artificial intelligence is a hot topic across all lines of business in all industries, and banking is no exception. How an institution views AI’s place in its organization varies from one bank to the next.
The Independent Community Bankers of America applauded the National Taxpayers Union for joining its call for Congressional oversight hearings in the face of mounting evidence suggesting credit unions have outgrown their tax-exempt status.
The Independent Community Bankers of America, today announced Lilly Thomas’ promotion to executive vice president and senior regulatory counsel, effective March 1, 2020.
The Corporate Governance Coalition for Investor Value strongly supports the proposed rules issued by the SEC on November 5th entitled “Amendments to Exemptions from the Proxy Rules for Proxy Voting Advice.”
The Corporate Governance Coalition for Investor Value appreciates the ongoing work by the Securities and Exchange Commission (“SEC” or “Commission”) to modernize the federal proxy rules. The Coalition and its members have long been concerned about the decline in the number of U.S. publicly-traded companies over the last twenty years.
The Independent Community Bankers of America appreciates the opportunity to comment on proposed rules by both the FDIC and the OCC which would clarify that when a bank sells, assigns, or otherwise transfers a loan, interest permissible prior to the transfer continues to be permissible following the transfer.
The Independent Community Bankers of America today called on Congress to hold hearings on the surge in tax-exempt credit unions purchasing tax-paying community banks.
On behalf of community banks across the country, with more than 50,000 locations, I write to call your attention to an emerging trend in the financial services industry: A surge in tax-exempt credit union purchases of tax-paying community banks accelerating the broader trend of industry consolidation.
On behalf of the nation’s community banks, with over 52,000 locations, the Independent Community Bankers of America (ICBA) writes to share our views regarding the USDA’s Agricultural Marketing Service’s (AMS) Interim Final Rule (IFR) titled “Establishment of a Domestic Hemp Production Program” as required by the 2018 farm bill.
ICBA announced the nominees for its 2020-21 board of directors, which will be voted on during the 2020 ICBA national convention, ICBA LIVE, in Orlando.
Federal Reserve Gov. Michelle “Miki” Bowman said the declining presence of community banks in the consumer real estate mortgage market is a key challenge facing the housing sector.
