ICBA polling campaign on interchange bill running this week

Jul 25, 2023 | NewsWatch Today
With Sens. Richard Durbin (D-Ill.) and Roger Marshall (R-Kan.) working to attach credit card routing restrictions to the National Defense Authorization Act, ICBA this week is promoting its new polling results showing voters oppose the policy change.

Fed’s Barr: Fair lending oversight needs to adapt to technological change

Jul 24, 2023 | NewsWatch Today
The Consumer Financial Protection Bureau issued its fair lending annual report to Congress describing its fair lending enforcement priorities and statistics.

As Lawmakers Push to Include Credit Card Restrictions in Defense Bill, New ICBA Polling Shows Voter Opposition

Jul 23, 2023 | Press Release
With Sens. Richard Durbin (D-Ill.) and Roger Marshall (R-Kan.) working to attach their controversial credit card routing restrictions to the pending National Defense Authorization Act, the Independent Community Bankers of America (ICBA) today released new polling results showing voters oppose the policy change.

ICBA Urges FDIC to Finalize Special Assessment Rule as Proposed

Jul 21, 2023 | Press Release
ICBA said it strongly and emphatically supports the Federal Deposit Insurance Corporation’s proposed rule to exempt community banks with less than $5 billion in uninsured deposits from its special assessment following the failures of Silicon Valley Bank and Signature Bank of New York.

Community banker cautions Congress on deposit insurance reform

Jul 21, 2023 | NewsWatch Today
ICBA community banker Thomas Fraser—CEO of First Mutual Holding Co. in Lakewood, Ohio—testified on deposit insurance reform before the Senate Banking Committee on behalf of his banks.

Court ruling opens door to more legal disputes over debts

Jul 21, 2023 | NewsWatch Today
A U.S. appeals court this week issued a decision that widens the avenue for consumers to challenge their debt under the Fair Credit Reporting Act.

ICBA Commends Federal Reserve for FedNow Launch

Jul 20, 2023 | Press Release
The Independent Community Bankers of America (ICBA) today commended the Federal Reserve for its launch of the FedNow Service, the Fed’s instant payment service that ICBA has staunchly advocated for years.

ICBA Commends Senate Small Business Committee for Advancing Legislation Addressing SBA 7(a) Changes

Jul 19, 2023 | Press Release
The Independent Community Bankers of America (ICBA) today commended the Senate Small Business Committee for advancing legislation to address ICBA-opposed Small Business Administration changes to its 7(a) small-business loan program.

With Bipartisan ACRE Act Introduced in Senate, ICBA Polling Shows Strong Support Among Voters

Jul 19, 2023 | Press Release
Following today’s Senate introduction of bipartisan legislation to support farmers, ranchers, and rural homeowners, the Independent Community Bankers of America (ICBA) released new polling conducted by Morning Consult showing broad support for the legislation.

ICBA, groups oppose effort to tie credit card bill to defense legislation

Jul 17, 2023 | NewsWatch Today
ICBA and other financial services groups expressed strong opposition to an attempt to advance credit card routing restrictions via this year’s National Defense Authorization Act, while ICBA continues its grassroots campaign against the measure.

ICBA: Community banks not ‘furnishers’ under fair credit law

Jul 17, 2023 | NewsWatch Today
Community banks should not be classified as data furnishers when data brokers obtain consumer information from a bank, ICBA told the Consumer Financial Protection Bureau.

CRA Partners Launches Forum for Community Bank CRA Professionals

Jul 13, 2023 | Press Release
CRA Partners, an ICBA affiliate, today announced the formation of CRA Collaborative, a peer group that provides community bankers with opportunities to engage in discussion around Community Reinvestment Act related topics.

CFPB: Most consumer complaints target credit reports

Jul 12, 2023 | NewsWatch Today
The Consumer Financial Protection Bureau said more than three-quarters of its consumer complaints in 2022 focused on credit or consumer reporting, primarily related to inaccurate information on consumer credit reports.

ICBA launches online community for members

Jul 12, 2023 | NewsWatch Today
ICBA announced the launch of ICBA Community—an online platform that provides professional networking and discussion opportunities exclusively for community bankers.

ICBA, state associations urge opposition to credit card routing bill

Jul 12, 2023 | NewsWatch Today
ICBA and 44 state community banking associations called on members of Congress to oppose the Credit Card Competition Act (S. 1838/H.R. 3881) while ICBA continues its grassroots campaign against the measure.

CFPB, OCC penalize BofA for re-presentment fees, other practices

Jul 12, 2023 | NewsWatch Today
The Consumer Financial Protection Bureau and OCC announced penalties against Bank of America for assessing multiple overdraft and non-sufficient-funds fees against customers for a single transaction, among other practices.

ICBA Announces Launch of Online Community Exclusively for Members

Jul 11, 2023 | Press Release
ICBA today announced the launch of ICBA Community—an online platform that provides professional networking and discussion opportunities exclusively for community bankers.

ICBA Commends Fed Vice Chair Barr for Targeting Regulatory Capital Reforms on Largest Institutions

Jul 10, 2023 | Press Release
ICBA President and CEO Rebeca Romero Rainey issued the following statement on Federal Reserve Vice Chair for Supervision Michael Barr’s remarks on pending regulatory capital rules.

ICBA urging community banker comment letters on FDIC assessment proposal

Jul 10, 2023 | NewsWatch Today
ICBA is calling on community bankers to send individual comment letters to the FDIC to support the agency’s proposal to exempt community banks under $5 billion in assets from its proposed special assessment.

Texas Community Banker Elected to ICBA Securities Board

Jul 7, 2023 | Press Release
ICBA Securities Inc.®, the broker-dealer subsidiary of the Independent Community Bankers of America (ICBA), today announced the election of Gabriel Guerra, president and CEO of Kleberg Bank in Corpus Christi, Texas, to the ICBA Securities board of directors.