ICBA Releases 2023 Community Banking Policy Resolutions

May 16, 2023 | Press Release
ICBA today released its legislative and regulatory policy objectives for 2023 during the ICBA Capital Summit. Developed and approved by ICBA volunteer community bankers, these resolutions will guide ICBA advocacy in the coming year and reflect its unique mission of creating and promoting an environment where community banks flourish.

As Community Bankers Gather in Nation’s Capital, Polling Confirms Growing Public Support for Local Banking

May 15, 2023 | Press Release
The Independent Community Bankers of America (ICBA) today is kicking off the 2023 ICBA Capital Summit in Washington with the release of new national and state-level polling data showing Americans in all 50 states have an increasingly favorable view of community banking.

ICBA-backed bill offering tax relief for rural lending introduced

May 12, 2023 | NewsWatch Today
ICBA expressed its strong support for the House introduction of legislation to exempt from taxation interest income on farm real estate and rural mortgage loans.

FHFA rescinds upfront fees based on debt-to-income ratio

May 12, 2023 | NewsWatch Today
The Federal Housing Finance Agency rescinded its previously announced upfront fees for certain borrowers with a debt-to-income ratio above 40%.

CFPB issues guidance on reopening closed deposit accounts

May 12, 2023 | NewsWatch Today
The Consumer Financial Protection Bureau issued a circular affirming that banks might violate federal law if they unilaterally reopen a deposit account to process transactions after a consumer has already closed it.

ICBA Commends FDIC for Exempting Community Banks from Special Assessment

May 11, 2023 | Press Release
Independent Community Bankers of America (ICBA) President and CEO Rebeca Romero Rainey issued the following statement on today’s Federal Deposit Insurance Corporation proposed rule on special assessments for the resolutions of Silicon Valley Bank and Signature Bank of New York.

ICBA Strongly Supports Bipartisan ACRE Act Offering Tax Relief for Rural Lending

May 10, 2023 | Press Release
The Independent Community Bankers of America (ICBA) today expressed its strong support for the House introduction of the Access to Credit for our Rural Economy (ACRE) Act (H.R. 3139) to support farmers, ranchers, and rural homeowners.

ICBA Capital Summit speakers finalized

May 10, 2023 | NewsWatch Today
Treasury Secretary Janet Yellen and Consumer Financial Protection Bureau Director Rohit Chopra are among the speakers set to address next week’s 2023 ICBA Capital Summit in Washington, D.C.

House panel to consider draft bills on agency transparency following bank failures

May 10, 2023 | NewsWatch Today
The House Financial Services Committee today will hold a hearing on several draft bills to increase transparency at federal banking regulators following the recent failures of several large banks.

92% of eligible individuals received Economic Impact Payment: study

May 10, 2023 | NewsWatch Today
Pandemic-era Economic Impact Payments reached 92% of potentially eligible individuals, according to a report from federal researchers.

ICBA Supports Bipartisan Bill to Establish Cannabis Banking Safe Harbor

May 9, 2023 | Press Release
The Independent Community Bankers of America (ICBA) today is reiterating its strong support for bipartisan, bicameral legislation that would establish a safe harbor from federal sanctions for financial institutions that serve cannabis-related businesses in states where cannabis is legal.

ICBA Announces Staff Promotions

May 9, 2023 | Press Release
The Independent Community Bankers of America (ICBA) today announced several staff promotions in recognition of their efforts to support the nation’s community banks.

Nation’s Community Bankers Meet in Washington for ICBA Capital Summit

May 9, 2023 | Press Release
The Independent Community Bankers of America (ICBA) will host hundreds of community bank leaders during the 2023 ICBA Capital Summit May 14-17 in the nation’s capital.

ICBA Statement on SEC Pledge to Combat Financial Market Manipulation

May 5, 2023 | NewsWatch Today
Independent Community Bankers of America (ICBA) President and CEO Rebeca Romero Rainey issued the following statement on financial market manipulation.

ICBA proposes new USDA Express loan program in congressional testimony

May 5, 2023 | NewsWatch Today
ICBA testified before Congress on its new proposal for a USDA program that would speed up loan approval times and thereby enhance access to credit in rural communities.

Romero Rainey, Giorgio again named top Washington influencers

May 5, 2023 | NewsWatch Today
ICBA President and CEO Rebeca Romero Rainey and ICBA Bancard President and CEO Tina Giorgio were again named to Washingtonian magazine’s list of the 500 Most Influential People in the nation’s capital.

ICBA to CFPB: Withdraw proposed rule on credit card late fees

May 5, 2023 | NewsWatch Today
ICBA called on the Consumer Financial Protection Bureau to withdraw its proposed rule on credit card fees for late payments.

Senators distinguish failed banks from rest of industry

May 5, 2023 | NewsWatch Today
Senate Banking Committee leaders differentiated recently failed financial institutions from the broader banking industry during a committee hearing on holding executives accountable.

ICBA Urges CFPB to Withdraw Proposed Rule on Credit Card Late Fees

May 4, 2023 | Press Release
ICBA called on the Consumer Financial Protection Bureau to withdraw its proposed rule on credit card fees for late payments, saying the proposed rule sends the wrong message that punctual credit card payments are not a significant priority.

ICBA Banker Testifies Before Senate Agriculture Committee, Announces Proposal to Establish New USDA Express Loan Program

May 4, 2023 | Press Release
The Independent Community Bankers of America (ICBA) today proposed a new USDA Express program to a Senate Agriculture subcommittee at a hearing focused on credit and risk management provisions in a new farm bill.