Federal Reserve Chair Jerome Powell told Congress that regulators will likely make substantial updates to their proposed Basel III Endgame capital standards.

Independent Community Bankers of America (ICBA) President and CEO Rebeca Romero Rainey released the following statement on today’s Securities and Exchange Commission final rule requiring public companies to issue climate-related disclosures.

ICBA said it remains concerned about the unintended consequences of a newly released Consumer Financial Protection Bureau final rule to cut credit card late fees despite an exemption for the nation’s community banks.

A growing number of bank customers are moving their money from large institutions to community banks, according to a new Wall Street Journal report.

The unregulated Tether stablecoin reached $100 billion in circulation this week amid rising demand for cryptocurrencies, Reuters reported.

Independent Community Bankers of America President and CEO Rebeca Romero Rainey released the following statement on today’s Consumer Financial Protection Bureau final rule on credit card fees for late payments.

The March issue of ICBA Independent Banker magazine profiles incoming ICBA Chairman Lucas White.

ICBA this week is hosting its first-quarter update on regulations and congressional events from inside the Capital Beltway.

Consumers receive fewer financial protections from tax-exempt credit unions than they do from tax-paying banks and lose protections when credit unions acquire banks, according to a top National Credit Union Administration official.

With credit union representatives meeting with members of Congress in Washington this week, ICBA today is releasing new polling data showing Americans support reforms to policies that arbitrarily favor credit unions.

Rep. Joyce Beatty (D-Ohio) introduced ICBA-supported legislation to codify a Treasury Department program to support minority depository institutions and other community banks.

Regulators meeting this week at Community Reinvestment Conference

The Independent Community Bankers of America (ICBA) today released new polling data showing Americans support reforms to policies that arbitrarily favor credit unions.

The Consumer Financial Protection Bureau issued guidance to law enforcement agencies and regulators explaining how companies operating comparison-shopping tools can break the law when they steer consumers to certain products or lenders because of kickbacks.

The Federal Housing Finance Agency announced updates to the implementation of new credit score requirements for single-family loans acquired by Fannie Mae and Freddie Mac.

A new academic paper found “pig butchering” scams—in which victims invest increasing sums in supposedly legitimate virtual currency enterprises before being conned out of their money—claimed $75 billion since January 2020.

The head of the Financial Stability Board warned of the risks posed by multifunction crypto intermediaries and stablecoins.

ICBA’s Independent Banker magazine took home top honors in its category for this year’s Association Trends 2024 TRENDY Awards, while the Independent Banker podcast also received recognition in the best podcast category.

The fallout of reports on discriminatory lending at Navy Federal Credit Union continued Wednesday with new congressional leaders seeking an inquiry.

ICBA is encouraging Florida community bankers to respond to the Florida Bankers Association’s request for phone calls opposing state legislation to expand the powers of tax-exempt credit unions.