ICBA sent letters to Congress in support of Sen. Mike Crapo’s (R-Idaho) and Rep. Keith Rothfus’s (R-Pa.) Congressional Review Act resolutions, which seek to reverse the Consumer Financial Protection Bureau’s (CFPB) final ruling restricting the use of consumer arbitration agreements.

ICBA today voiced support for the Federal Reserve Faster Payments Task Force’s final report detailing its ten recommendations to enhance the speed, efficiency and security of the U.S. payment system. ICBA and community bankers were active participants in the Task Force.

ICBA President and CEO Camden R. Fine released a statement on the Arbitration Agreements final rule issued by the Consumer Financial Protection Bureau, which will essentially prohibit the use of consumer arbitration agreements.

The July issue of Independent Banker, the award-winning magazine of the Independent Community Bankers of America, spotlights Main Street’s top-producing lenders.

ICBA announced Prabhash Shrestha as Executive Vice President and Chief Digital Strategy Officer. Shrestha will lead the association’s information technology and digital efforts and ensure their alignment with ICBA’s business goals and objectives.