FEMA: President Trump Approves Major Disaster Declaration for Wisconsin
FEMA announced that federal disaster assistance is available to the state of Wisconsin to supplement recovery efforts in the areas affected by severe storms, straight-line winds, flooding and mudslides from Aug. 9-12, 2025. The President’s action makes federal funding available to affected individuals in Milwaukee, Washington and Waukesha counties. Assistance can include grants for temporary…
FEMA: President Trump Approves Major Disaster Declaration for North Carolina
FEMA announced that federal disaster assistance is available to the state of North Carolina to supplement recovery efforts in the areas affected by Tropical Depression Chantal on July 6-7, 2025. Public Assistance federal funding is available to the state, tribal and eligible local governments and certain private nonprofit organizations on a cost-sharing basis for emergency work…
FEMA: President Trump Approves Major Disaster Declaration for Kansas
FEMA announced that federal disaster assistance is available to the state of Kansas to supplement recovery efforts in the areas affected by severe storms, straight-line winds, tornadoes and flooding from June 3-7, 2025. Public Assistance federal funding is available to the state, tribal and eligible local governments and certain private nonprofit organizations on a cost-sharing…
FEMA: President Trump Approves Major Disaster Declaration for North Dakota
FEMA announced that federal disaster assistance is available to the state of North Dakota to supplement recovery efforts in the areas affected by the severe storm, tornadoes and straight-line winds on June 20-21, 2025. Public Assistance federal funding is available to the state, Tribal Nations and eligible local governments and certain private nonprofit organizations on…
FEMA: President Trump Approves Major Disaster Declaration for the Sisseton-Wahpeton Oyate
FEMA announced that federal disaster assistance is available to the Sisseton-Wahpeton Oyate to supplement recovery efforts in the areas affected by a severe storm and flooding from June 12-16, 2025. The President’s action makes federal funding available to affected individuals and families in the Sisseton-Wahpeton Oyate of the Lake Traverse Reservation. Assistance can include grants for…
FEMA: President Trump Approves Major Disaster Declaration for the Crow Tribe of Montana
FEMA announced that federal disaster assistance is available to the Crow Tribe of Montana to supplement recovery efforts in the areas affected by severe storms, straight-line winds and flooding from May 18-22, 2025. Public assistance federal funding is available to the Crow Tribe of Montana and certain private nonprofit organizations on a cost-sharing basis for…
Census Bureau: The Cost of Homeownership Continues to Rise
The median monthly owner costs for U.S. homeowners with a mortgage increased to $2,035 in 2024 from $1,960 (inflation-adjusted) in 2023, according to new American Community Survey (ACS) 1-year estimates released today by the U.S. Census Bureau. “One way we measure housing affordability is based on how much households spend on selected costs such as mortgage payments, insurance, taxes,…
ICBA: ICBA Urges Congress to Ensure Deposit Insurance Reforms Enhance Small Business Coverage, Curb Favorable Too-Big-To-Fail Treatment
The Independent Community Bankers of America (ICBA) today called on Congress to consider deposit insurance reforms that enhance coverage for small businesses, address the more favorable regulatory treatment the nation’s largest banks receive under the current framework, and ensure community banks are not penalized. In a statement for the record for today’s Senate Banking Committee hearing on…
ABA: ABA Testifies at Senate Banking Committee Hearing on Deposit Insurance Reform
Today, Kenneth Kelly, chairman and CEO of Detroit-based First Independence Bank and chair-elect of the American Bankers Association, will testify on behalf of ABA at a hearing of the Senate Banking Committee exploring perspectives on deposit insurance reform. In his testimony, Kelly outlined ABA’s perspective on how the deposit insurance system “could be modernized to reflect…
ICBA: New Analysis Shows Sharp Decreases in Small Business and Mortgge Lending Following Credit Union Acquisitions of Community Banks
The Independent Community Bankers of America (ICBA) today released the results of a new data analysis demonstrating that the growth of tax-exempt credit unions acquiring tax-paying community banks is harming small businesses and local communities while community banks outperform credit unions in high-poverty areas. In a new blog post, ICBA President and CEO Rebeca Romero Rainey details ICBA’s…