With the House set to vote this week on an ICBA-advocated resolution to overturn the Consumer Financial Protection Bureau’s overdraft rule, ICBA is calling on community bankers to continue urging their lawmakers to vote in favor of the measure.
The House Financial Services Committee is scheduled to take up three ICBA-advocated bills this week to repeal the CFPB’s 1071 rule, promote de novo bank formation, and restrict the issuance of a U.S. central bank digital currency.
In observance of Community Banking Month in April, the Independent Community Bankers of America (ICBA) is reminding Americans of the pivotal role community banks serve in bolstering local economies, supporting small businesses, and offering relationship-driven banking services.
The OCC withdrew its participation in ICBA-opposed interagency principles for climate-related financial risk management for financial institutions with $100 billion or more in total consolidated assets.
The Independent Community Bankers of America® (ICBA) today announced that ICBA Community, its exclusive digital network for ICBA members, has surpassed 5,000 members since its launch in July 2023. Designed as a secure, member-only space for community bankers to connect, ask questions, and exchange ideas, ICBA Community now hosts 13 active discussion boards covering a range of topics from compliance and fraud to technology and marketing.
ICBA applauded the federal banking agencies for announcing plans to rescind their final rule reforming the Community Reinvestment Act, citing its disproportionate implementation costs for community banks.
ICBA commended the SEC for ending the defense of its rule requiring public companies to issue climate-related disclosures, which would have a damaging impact on the capital markets, community banks, and the customers they serve.
After the ICBA-supported Congressional Review Act resolution, S.J. Res 18, last week passed the Senate, it moves to the House of Representatives, where a vote is expected this week—requiring ongoing community banker grassroots outreach to Congress.
Independent Community Bankers of America (ICBA) President and CEO Rebeca Romero Rainey issued the following statement on today’s announcement that the federal banking regulators intend to issue a proposal to rescind the Community Reinvestment Act final rule issued in October 2023 and reinstate the CRA framework that existed prior to that final rule, in light of pending litigation.
Independent Community Bankers of America (ICBA) President and CEO Rebeca Romero Rainey issued the following statement on the Securities and Exchange Commission’s vote to end its legal defense of its ICBA-opposed rule requiring climate-related investor disclosures.
BankTech Ventures is scheduled to host “Investing in the Future of Community Banking – A Banker’s Perspective” at 3 p.m. (Eastern time) Wednesday, April 2.
With the Senate set to vote on an ICBA-advocated resolution to overturn the Consumer Financial Protection Bureau’s overdraft rule, ICBA is calling on community bankers to urge their senators to vote in favor of the measure.
Independent Community Bankers of America (ICBA) President and CEO Rebeca Romero Rainey issued the following statement on the Senate’s passage of a Congressional Review Act resolution to overturn the Consumer Financial Protection Bureau’s final rule on overdraft services
The Federal Housing Administration published revisions to residency requirements that will eliminate the “Non-permanent Residents” category in both the Single Family Title I and Title II programs.
The Treasury Department announced the formal publication of the Financial Crimes Enforcement Network interim final rule that removes the requirement for U.S. companies and U.S. persons to report beneficial ownership information to FinCEN under the Corporate Transparency Act.
The Consumer Financial Protection Bureau withdrew a court filing in which it previously argued that online-initiated wire transfers are subject to the Electronic Fund Transfer Act and Regulation E.
