ICBA rejects Kevin O’Leary’s inaccurate message on bank lending

Sep 8, 2023 | NewsWatch Today
ICBA President and CEO Rebeca Romero Rainey pushed back against erroneous claims from television personality Kevin O'Leary that banks are not lending to small businesses in the current economic environment.

Chopra: CFPB’s 1033 proposal coming next month

Sep 8, 2023 | NewsWatch Today
The Consumer Financial Protection Bureau next month will propose standards for sharing consumer financial data, CFPB Director Rohit Chopra said.

Community bank net income rises 3.4% in Q2

Sep 8, 2023 | NewsWatch Today
Community banks reported a 3.4% second-quarter increase in net income from the previous quarter and a 0.7% increase from the same period a year ago, according to the FDIC’s latest Quarterly Banking Profile.

ICBA Honors 2023 National Community Bank Service Award Recipients

Sep 6, 2023 | Press Release
The Independent Community Bankers of America (ICBA) today announced the winners of its 2023 National Community Bank Service Awards in recognition of the creative and exemplary efforts of the nation’s community banks to help their local economies flourish. Stories are featured in the September issue of ICBA Independent Banker.

ICBA Seeks Information from Federal Credit Union Agency on Rakuten Charter Application

Sep 6, 2023 | Press Release
The Independent Community Bankers of America (ICBA) today asked the National Credit Union Administration to provide information on whether Rakuten Inc. has applied for a federal credit union charter or for insurance under the agency’s Share Insurance Fund.

FDIC launching new site for consumer compliance, CRA exam activities

Sep 6, 2023 | NewsWatch Today
The FDIC said it will launch a new Banker Engagement Site through FDICconnect this month for examination-related activities.

New tool ensures advertising regulatory compliance

Sep 6, 2023 | NewsWatch Today
The Check Your Ad Program, a new tool from Community Banker University, takes the guesswork out of advertising regulatory compliance.

ICBA conducting Marketing and Communications Toolkit survey

Sep 6, 2023 | NewsWatch Today
ICBA is conducting a survey to learn how member community bankers use its "Tell Your Story" Marketing and Communications Toolkit to help elevate and distinguish community banking in the hearts and minds of the public.

FDIC promotes tips to prevent elder financial abuse

Sep 6, 2023 | NewsWatch Today
The latest FDIC Consumer News offers tips for spotting and preventing elder financial abuse. The publication encourages consumers to choose advisors carefully, be careful with powers of attorney, protect personal financial information, and more.

ICBA Foundation continues raising funds for Maui wildfire relief

Sep 5, 2023 | NewsWatch Today
The ICBA Foundation Disaster Relief Program continues requesting tax-deductible donations to assist community banks and employees affected by a recent series of deadly wildfires on the Hawaiian island of Maui.

Agencies address supervisory practices for institutions affected by Hurricane Idalia

Sep 5, 2023 | NewsWatch Today
Federal and state financial regulators issued a joint statement saying they recognize the serious impact of Hurricane Idalia on the customers and operations of many financial institutions and will provide appropriate regulatory assistance to affected institutions subject to their supervision.

ICBA continues advocacy push as Congress return

Sep 5, 2023 | NewsWatch Today
With Congress back in Washington from its August recess, ICBA continues encouraging community bankers to use its grassroots alerts and customizable resources on various pressing advocacy issues.

ICBA: Five Credit Union Acquisitions of Taxpaying Community Banks in One Week Demands Congressional Action

Sep 1, 2023 | Press Release
Independent Community Bankers of America (ICBA) President and CEO Rebeca Romero Rainey issued the following statement on recent acquisitions of taxpaying community banks by tax-exempt credit unions.

FDIC amends Equal Housing Lender posters

Sep 1, 2023 | NewsWatch Today
The FDIC said it recently amended details of its Equal Housing Lender posters, which FDIC-supervised institutions are required by the Fair Housing Act to maintain in branches.

Amid series of credit union acquisitions, ICBA continues pressing Congress to act

Sep 1, 2023 | NewsWatch Today
Following several credit union acquisitions of community banks this week, ICBA repeated its call for Congress to investigate these taxpayer-subsidized deals.

Senators urge CFPB to grant nationwide stay of 1071 rule

Sep 1, 2023 | NewsWatch Today
Sen. John Kennedy (R-La.) and seven other Senate Banking Committee members asked the Consumer Financial Protection Bureau to issue a nationwide stay of its Section 1071 rule amid a pending court challenge.

ICBA Foundation continues raising funds for Maui wildfire relief

Sep 1, 2023 | NewsWatch Today
The ICBA Foundation Disaster Relief Program continues requesting tax-deductible donations to assist community banks and employees affected by a recent series of deadly wildfires on the Hawaiian island of Maui.

New ICBA podcast on budgeting for innovation

Sep 1, 2023 | NewsWatch Today
The latest episode of ICBA’s “Independent Banker” podcast spotlights how to budget for innovation and find the right fintech partners.

ICBA offers custom 1071 resources

Aug 30, 2023 | NewsWatch Today
With Congress returning to Washington next week, ICBA continues encouraging community bankers to use its customizable resources to educate and engage their customers on the Consumer Financial Protection Bureau’s Section 1071 rule.

CFPB reiterates plan to propose rules on data brokers

Aug 30, 2023 | NewsWatch Today
The Consumer Financial Protection Bureau reiterated its plan to propose new rules to prevent the misuse and abuse of consumer information collected by credit reporting companies and other data brokers.