ICBA: ICBA Congratulates Lawmakers for Enactment of Bipartisan Housing Law with Pro-Community Bank Policies
The Independent Community Bankers of America (ICBA) congratulated members of Congress for today’s enactment of bipartisan housing legislation that includes a community banking title of ICBA-advocated regulatory relief to promote lending and housing affordability. “ICBA and the nation’s community banks applaud today’s enactment of bipartisan housing legislation with pro-community bank reforms that will promote lending…
ICBA: Advocacy Campaign Launched to Protect Main Street Communities from Crypto Threat
New ad highlights critical role community banks serve across America The Independent Community Bankers of America (ICBA) today announced a new campaign to protect local communities and consumers from the risks posed by the accelerated adoption of crypto products and services that lack the same level of regulation and consumer protection as the banking sector. “Community banks are the backbone…
ICBA: Community Banker Guide on Artificial Intelligence Security Readiness Released
The Independent Community Bankers of America (ICBA) today released a new guide opens in a new tabto help community banks navigate the artificial intelligence security landscape. Developed by community bankers on ICBA’s AI Task Force to provide practical guidance to their industry colleagues, the Community Banker AI Security Readiness Guide opens in a new taboffers an informational overview of…
ICBA: Statement Issued on Executive Order on Promoting AI Innovation and Security
Independent Community Bankers of America (ICBA) President and CEO Rebeca Romero Rainey issued the following statement on today’s executive order on promoting advanced artificial intelligence innovation and security. “ICBA and the nation’s community bankers thank the administration for expressly recognizing community banks as a critical infrastructure component and adopting elements of our joint AI action plan opens…
OCC: Senior Deputy Comptroller for Regional and Midsize Financial Institutions Announced
The Office of the Comptroller of the Currency (OCC) today announced Benjamin Eddy will serve as the Senior Deputy Comptroller for Regional and Midsize Financial Institutions, effective June 1. In this role, Mr. Eddy oversees the supervision of national banks and federal savings associations between $30 billion and $500 billion in assets. He also serves…
ICBA: Financial Services Industry Outlines Proposed Third-Party Risk Management Reforms to Federal Banking Agencies
The Consumer Bankers Association (CBA), along with the American Fintech Council, Coalition for Financial Ecosystem Standards, and Independent Community Bankers of America, today released a new report outlining refined principles and proposed areas for reform to third-party risk management (TPRM) in the financial services industry. The report comes as a result of a roundtable discussion CBA…
ICBA: ICBA Applauds House Passage of Bipartisan Housing Bill
The Independent Community Bankers of America (ICBA) applauded the House of Representatives for today’s bipartisan passage of its amended housing relief bill, which includes several ICBA-advocated community bank regulatory reforms and promotes housing affordability. “ICBA and the nation’s community banks strongly support bipartisan House passage of the amended housing bill, which includes pro-community bank regulatory…
ICBA: Statement Issued on Executive Order on Financial Technology Regulation
Independent Community Bankers of America (ICBA) President and CEO Rebeca Romero Rainey released the following statement on President Donald Trump’s executive order directing the Federal Reserve to evaluate the legal, regulatory, and policy frameworks governing access to Reserve Bank payment accounts and payment services by uninsured depository institutions and non-bank financial companies. “Policymakers must recognize the…
ICBA: Statement Issued on Executive Order on the Integrity of the U.S. Financial System
Independent Community Bankers of America (ICBA) President and CEO Rebeca Romero Rainey issued the following statement on today’s executive order on the integrity of the U.S. financial system. “Today’s executive order recognizes the rigorous know-your-customer and due diligence requirements that community banks meet under the Bank Secrecy Act. As ICBA has repeatedly said in meetings with…
OCC: Agency Advances Priority of Reducing Regulatory Burden for Community Banks
The Office of the Comptroller of the Currency (OCC) continues to prioritize supervisory and regulatory reforms to reduce burden for community banks and support their role as drivers of economic growth. Most community banks are well capitalized and well managed, conduct business in a safe and sound manner, and engage in low-risk activities. The OCC…