In a new op-ed pushing back against claims that the United States has too many banks, ICBA President and CEO Rebeca Romero Rainey touted the importance of community banks to local communities and the banking system.
The Independent Community Bankers of America issued the following statement.
"While a recent unfortunate headline took comments out of context, we have considered the subsequent feedback and circumstances.
After the FDIC said the Deposit Insurance Fund reserve ratio is on track to reach the statutory minimum ahead of schedule, ICBA expressed strong support for proposals from the agency’s leaders to decrease deposit insurance assessments for community banks.
With the ICBA Capital Summit set for next week, ICBA is calling on community bankers across the nation to send messages to their members of Congress on the issues that will be discussed during meetings in Washington.
Independent Community Bankers of America (ICBA) President and CEO Rebeca Romero Rainey issued the following statement on community bank deposit insurance assessments.
The Independent Community Bankers of America (ICBA) today is kicking off the 2024 ICBA Capital Summit in Washington with the release of new polling data showing Americans support community banker views on the pressing issues attendees will be discussing with policymakers this week.
The Independent Community Bankers of America (ICBA) today released its legislative and regulatory policy objectives for 2024 ahead of the ICBA Capital Summit, scheduled for April 28-May 1.
With the ICBA Capital Summit set for next week, ICBA is calling on community bankers across the nation to send messages to their members of Congress on the issues that will be discussed during meetings in Washington.
A new op-ed from Colorado community banking representatives raises concerns over acquisitions of tax-paying community banks by tax-exempt credit unions.
ICBA and Independent Bankers Association of Texas community bankers and staff met with Consumer Financial Protection Bureau officials to express concerns with the bureau’s pending 1033 rule on sharing consumer financial data.
The Financial Crimes Enforcement Network reminded financial institutions to remain vigilant in identifying and reporting suspicious activity related to environmental crimes.
Financial institutions reported $27 billion in suspicious activities linked to elder financial exploitation from 2022 to 2023, according to the Financial Crimes Enforcement Network.
Persistent inflation and tighter monetary policy are the primary risks to the U.S. financial system, according to the Federal Reserve’s semiannual Financial Stability Report.