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ICBA said General Motors Financial Bank’s application for FDIC insurance threatens the Deposit Insurance Fund and doesn’t serve the convenience and needs of the community.

The Financial Crimes Enforcement Network said it will not issue any fines or penalties or take any other enforcement actions against any companies based on failure to file or update beneficial ownership information reports by the current deadlines.

With Washington focused on reforming the Consumer Financial Protection Bureau, ICBA is calling on community bankers to tell their members of Congress to support legislative efforts to stop the bureau's overdraft rule.

The Consumer Financial Protection Bureau will center its regulation on real risks to consumers and focus its enforcement on bad actors, CFPB director nominee Jonathan McKernan told Congress.

The future of community banking is bright as long as regulators focus on appropriate regulations and guidance and recognize that investment in innovation and growth is a necessity, not a roadblock, according to Federal Reserve Governor Michelle Bowman.

ICBA said it opposes calls from Wall Street bank executives and others to consolidate the nation’s banking regulators.

ICBA told Congress that any legislation establishing a regulatory framework for stablecoins must address stablecoin risks without disintermediating community banks.

ICBA continues calling on community bankers to tell their members of Congress to support legislative efforts to stop the Consumer Financial Protection Bureau's overdraft rule.

Community banks are working to combat fraudsters using artificial intelligence to target seniors, according to the latest Independent Banker magazine.

Community bank net income fell 6.5% in the fourth quarter and was down 2.4% in 2024 from the previous year, according to the FDIC’s latest Quarterly Banking Profile.

ICBA’s recent letter urging the Trump administration to advance several needed reforms is essential to supporting community banks while avoiding unintended consequences, ICBA President and CEO Rebeca Romero Rainey said this week.

ICBA urged the Trump administration to advance key policies under its “Repair, Reform, and Thrive” plan to continue advancing policies that support community banks.