ICBA Applauds Congressional Passage of Funding Bill with Farm Bill, Farm Aid

Dec 21, 2024 | Press Release
Independent Community Bankers of America (ICBA) President and CEO Rebeca Romero Rainey issued the following statement applauding the inclusion of a farm bill extension and a $10 billion farm aid package in the year-end continuing resolution.

ICBA encourages grassroots calls on farm aid package

Dec 20, 2024 | NewsWatch Today
ICBA is urging community bankers to call their members of Congress to urge inclusion of an emergency farm aid package in a final funding bill when Congress approves a continuing resolution, or CR.

’80s-themed ICBA PAC auction set for ICBA LIVE

Dec 20, 2024 | NewsWatch Today
ICBA PAC is hosting its 36th Annual Auction Fundraiser on Wednesday, March 12, during ICBA LIVE in Nashville. Tickets for the ’80s-themed event go on sale Friday, Jan. 3.

Agencies adjust CRA asset thresholds

Dec 20, 2024 | NewsWatch Today
Federal regulators announced the 2025 updated asset-size thresholds used to define "small banks" and "intermediate small banks" under their current Community Reinvestment Act regulations.

TCM Bank Appoints C.J. Littrell as President, Jacob Eisen to Continue as TCM Bank CEO

Dec 20, 2024 | Press Release
ICBA Payments, the payments-services subsidiary of the Independent Community Bankers of America (ICBA), today announced that C.J. Littrell has been appointed president of its credit card bank, TCM Bank, N.A. Littrell will retain his role as chief operating officer (COO), working closely with Jacob Eisen, who continues as TCM Bank’s permanent CEO. As president and COO, Littrell will oversee the bank’s strategic initiatives, drive operational efficiency, and work alongside Eisen and members of the TCM Bank board of directors to continue strengthening TCM Bank’s partnerships with community banks nationwide.

ICBA urging congressional outreach on spending package’s farm provisions

Dec 19, 2024 | NewsWatch Today
ICBA is calling on community bankers to contact their members of Congress and urge support for including a farm bill extension and farm aid package in a pending end-of-year funding bill.

Fed cuts rates by 25 basis points

Dec 19, 2024 | NewsWatch Today
The Federal Open Market Committee voted to cut target interest rates by 25 basis points due to an easing labor market and inflation moving toward its 2% goal.

CFPB targets credit card reward programs

Dec 19, 2024 | NewsWatch Today
The Consumer Financial Protection Bureau issued a circular warning that some credit card companies operating rewards programs may be breaking the law.

ICBA applauds farm aid package, farm bill extension

Dec 18, 2024 | NewsWatch Today
ICBA applauded the initial inclusion of a farm bill extension and a $10 billion farm aid package in the year-end continuing resolution before Congress.

ICBA-advocated trigger leads bill passes Senate

Dec 18, 2024 | NewsWatch Today
ICBA-advocated legislation that would protect the financial privacy of mortgage applicants passed the Senate by unanimous consent.

Romero Rainey: Credit unions should pay taxes—period

Dec 18, 2024 | NewsWatch Today
Credit unions should pay taxes, as The Wall Street Journal rightly pointed out in a recent editorial, ICBA President and CEO Rebeca Romero Rainey said in a LinkedIn post.

ICBA Applauds CR Farm Aid Package, Farm Bill Extension

Dec 17, 2024 | Press Release
Independent Community Bankers of America (ICBA) President and CEO Rebeca Romero Rainey today issued the following statement applauding the initial inclusion of a farm bill extension and a $10 billion farm aid package in the year-end continuing resolution.

ICBA urges Congress to pass emergency farm aid

Dec 17, 2024 | NewsWatch Today
ICBA called on Congress to pass a farm bill extension and a farm aid package in addition to assisting citizens recovering from weather-related disasters.

ICBA: New ACH proposals are burdensome, risky

Dec 17, 2024 | NewsWatch Today
ICBA said it opposes the addition of a fourth daily same-day Automated Clearing House processing window because it would be burdensome for community banks by adding late-day operational stress, accounting challenges, and settlement risk.

OCC: Commercial credit risk stabilizing

Dec 17, 2024 | NewsWatch Today
The OCC reported that the federal banking system remains sound but said it expects banks to remain diligent and adhere to prudent risk management practices across all risk areas.

ICBA to Congress: Pass Farm Bill Extension and Farm Aid Before Adjournment

Dec 16, 2024 | Press Release
Independent Community Bankers of America (ICBA) President and CEO Rebeca Romero Rainey today issued the following statement urging Congress to pass a farm bill extension and a farm aid package in addition to assisting citizens recovering from weather-related disasters.

ICBA announces ThinkTECH Accelerator Cohort

Dec 16, 2024 | NewsWatch Today
ICBA announced the selected companies for its eighth ICBA ThinkTECH Accelerator Program (AP8). The solutions represent vendor management, check fraud prevention, integration, digital banking for families, conversational AI, and commercial lending.

FCC eliminates use of Weiss ratings as standard for banks

Dec 16, 2024 | NewsWatch Today
The Federal Communications Commission eliminated the use of the Weiss ratings as the standard for U.S. banks to be considered “acceptable to FCC” for purposes of issuing qualifying program letters of credit.

Report: Gaps in cross-border payment regulation open the door for fraud

Dec 16, 2024 | NewsWatch Today
Inconsistencies in regulations on cross-border payments create opportunities for fraud, money laundering, terrorist financing, and other illicit financial activities, according to the Financial Stability Board.

ICBA ThinkTECH Accelerator Cohort Revealed

Dec 15, 2024 | Press Release
The Independent Community Bankers of America® (ICBA) today announced the selected companies for its eighth ICBA ThinkTECH Accelerator program (AP8).