Independent Community Bankers Association News

Independent Banker magazine announces 2024 Top Lenders list

Independent Banker magazine, the monthly publication of the Independent Community Bankers of America® (ICBA), has announced its 2024 Top Lenders. This accolade recognizes outstanding agriculture, commercial, and consumer and mortgage loan producers across three asset size categories.

ICBA challenges government's estimate on suspicious activity reporting burden

The federal government underestimates the amount of time and resources community banks dedicate to reporting suspicious activity, the Independent Community Bankers of America (ICBA) told the Financial Crimes Enforcement Network (FinCEN). In a new comment letter and separate joint letter with other financial industry groups, ICBA stated that FinCEN’s estimate that each suspicious activity report (SAR) takes roughly 1.98 hours to file is significantly undervalued.

ICBA Services Network appoints new chairman from Ohio

ICBA Services Network Appoints Ohio Community Banker as New Chairman

ICBA opposes Freddie Mac plan approved by FHFA

The Independent Community Bankers of America (ICBA) has expressed strong opposition to the Federal Housing Finance Agency’s (FHFA) conditional approval of Freddie Mac’s proposal to engage in a pilot program to purchase certain single-family closed-end second mortgages. ICBA President and CEO Rebeca Romero Rainey issued a statement on June 24, 2024, highlighting concerns over the decision.

ICBA opposes FDIC approval of new industrial loan company

The Independent Community Bankers of America (ICBA) has voiced strong opposition to the Federal Deposit Insurance Corp.'s recent approval of Thrivent Bank, a new industrial loan company (ILC). ICBA President and CEO Rebeca Romero Rainey released a statement expressing concerns over the potential risks posed by ILCs.

ICBA Payments appoints three new members to its board

ICBA Payments Appoints Three New Members to its Board of Directors

New York banker Robert Fisher named chairman by ICBA CRA Solutions/USI Alliance

ICBA CRA Solutions/USI Alliance Names NY Community Banker New Chairman

ICBA shares tips on preventing elder financial abuse ahead of awareness day

The Independent Community Bankers of America (ICBA) and its subsidiary, ICBA CRA Solutions, are providing tips for preventing elder financial abuse in recognition of World Elder Abuse Awareness Day (WEAAD) on June 15. ICBA CRA Solutions hosted a webinar today to highlight resources available to community banks through its Senior Housing Crime Prevention Foundation (SHCPF) to help promote safe living environments for older Americans.

Study highlights impact of regulations on small-business lending by community banks

Washington, D.C. (June 10, 2024) — As community banks and small businesses face increasingly burdensome and complex federal regulations, the Independent Community Bankers of America (ICBA) today released findings from a new study on how regulations threaten to restrict small-business lending. ICBA shared these findings in a letter to the federal banking agencies and Consumer Financial Protection Bureau.

Credit unions' acquisition spree prompts call for Congressional action

Washington, D.C. (June 4, 2024) — Independent Community Bankers of America (ICBA) President and CEO Rebeca Romero Rainey issued a statement following this year’s 12th acquisition of a tax-paying bank by a tax-exempt credit union.

ICBA offers tips for homebuyers during National Homeownership Month

In celebration of National Homeownership Month, the Independent Community Bankers of America (ICBA) is urging current and prospective homeowners to seek guidance from their local community bankers to simplify and make the homebuying process more affordable.

ICBA announces sixth annual list of 40 Under 40: Community Bank Leaders

Washington, D.C. (June 3, 2024) — Independent Banker magazine, the monthly publication of the Independent Community Bankers of America (ICBA), has announced its sixth annual list of 40 Under 40: Community Bank Leaders. The award acknowledges community bank innovators, contributors, and influencers who are advancing local communities through community banking excellence.

ICBA announces annual list celebrating top young leaders in community banking

Independent Banker magazine, the monthly publication of the Independent Community Bankers of America (ICBA), has announced its sixth annual list of 40 Under 40: Community Bank Leaders. This award recognizes community bank innovators, contributors, and influencers who are noted for their dedication to advancing local communities through excellence in community banking.

Jacob Eisen appointed president & CEO at ICBA Payments

Washington, D.C. (May 30, 2024) — ICBA Payments®, the payments-services subsidiary of the Independent Community Bankers of America® (ICBA), has announced the appointment of Jacob Eisen as its new president and CEO, effective immediately.

Credit unions' increasing bank acquisitions prompt calls for congressional action

Washington, D.C. (May 24, 2024) — Independent Community Bankers of America (ICBA) President and CEO Rebeca Romero Rainey issued a statement following the latest acquisition of a tax-paying bank by a tax-exempt credit union.

ICBA comments on House Agriculture Committee's passage of new farm bill

Washington, D.C. (May 24, 2024) — Independent Community Bankers of America (ICBA) President and CEO Rebeca Romero Rainey issued a statement regarding the House Agriculture Committee's passage of the farm bill, H.R. 8467, which was approved on a 33-21 bipartisan vote.

House passes bill barring creation of U.S. central bank digital currency

The Independent Community Bankers of America (ICBA) has commended the House of Representatives for passing legislation that would restrict the federal government's ability to introduce a U.S. central bank digital currency (CBDC).

House passes bill restricting federal introduction of central bank digital currency

The Independent Community Bankers of America (ICBA) has commended the House of Representatives for passing legislation that would restrict the federal government's ability to introduce a U.S. central bank digital currency (CBDC). The ICBA, representing community banks nationwide, has voiced concerns about the potential negative impacts of a CBDC on their operations and consumer privacy.

ICBA expresses concerns over Farm Bill provisions affecting community banks

The Independent Community Bankers of America (ICBA) President and CEO Rebeca Romero Rainey issued a statement on the upcoming House Agriculture Committee farm bill markup scheduled for tomorrow.

ICBA CEO calls for policy response to credit union acquisitions of community banks

Independent Community Bankers of America (ICBA) President and CEO Rebeca Romero Rainey has issued a statement following the latest acquisition of a tax-paying bank by a tax-exempt credit union. Rainey expressed concern over the growing trend, with tax-exempt credit unions accounting for approximately 25% of this year's bank acquisitions.