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ICBA’s third quarter “Advocacy in Action” government relations dashboard and recent advocacy briefing provide community banks with an update on ICBA’s advocacy successes, along with more information about our community bank-focused policy positions before Congress and the financial agencies. Successes and topics covered include:
The House Financial Services Committee’s passage of ICBA-advocated legislation to close the industrial loan company loophole.
The committee’s decision to pull the Overdraft Protection Act (H.R. 4277) following strong ICBA and community bank opposition.
ICBA’s grassroots outreach to the FDIC noting its concerns with the agency’s proposed climate risk management framework.
ICBA’s credit union campaign, including digital ads and a recent Medium op-ed calling for congressional hearings, a Government Accountability Office study, and an “exit fee” on credit union acquisitions of taxpaying community banks.