ICBA: ICBA Commends Trump Administration for Executive Order to Help Community Banks Promote Housing Affordability
Independent Community Bankers of America (ICBA) President and CEO Rebeca Romero Rainey issued the following statement on President Donald Trump’s executive order directing regulatory reforms that will help community banks promote housing affordability. “ICBA and the nation’s community bankers commend the Trump administration for today’s executive order promoting access to mortgage credit. Directing federal regulators to…
ICBA: 2026-27 Executive Committee Announced, West Virginia Banker Elected Chairman
The Independent Community Bankers of America (ICBA) today announced the election of its 2026-27 executive committee during the 2026 ICBA LIVE national convention in San Diego. Alice P. Frazier, president and CEO of Potomac Bank in Charles Town, W. Va., was elected ICBA chairman and will serve as chairman of the ICBA Executive Committee and…
ICBA: ICBA Commends House Financial Services Committee for Advancing Main Street Capital Access Act
The Independent Community Bankers of America (ICBA) today commended the House Financial Services Committee for advancing the Main Street Capital Access Act (H.R. 6955), ICBA-supported legislation to help community banks promote prosperity in local communities across the nation. “ICBA strongly supports the Main Street Capital Access Act, which includes policies that will transform the regulatory…
OCC: Final Rules Issued to Reduce Regulatory Burden for Community Banks
The Office of the Comptroller of the Currency (OCC) today announced two final rules to reduce the regulatory burden for community banks. These actions build upon the OCC’s ongoing efforts to tailor bank supervision and regulation to bank risk profile and reduce burden for its regulated institutions so they can focus resources on core functions…
ICBA: ICBA Expresses Concerns with OCC National Trust Bank Chartering Final Rule
Independent Community Bankers of America (ICBA) President and CEO Rebeca Romero Rainey issued the following statement on the Office of the Comptroller of the Currency’s final rule opens in a new tab on national trust bank chartering. “ICBA and the nation’s community banks continue to have significant concerns with the OCC’s chartering rule for national trust banks,…
ICBA: ICBA Urges Credit Union Tax Reform as Acquisitions of Tax-Paying Community Banks Continue
Independent Community Bankers of America (ICBA) President and CEO Rebeca Romero Rainey issued the following statement on the latest reported acquisition opens in a new tabof a tax-paying community bank by a tax-exempt credit union—the third deal in two weeks following several branch acquisition deals. “With tax-exempt credit unions resuming their rapid pace of community bank acquisitions…
ICBA: ICBA Applauds House Passage of Housing for the 21st Century Act
The Independent Community Bankers of America (ICBA) applauded the House of Representatives for today’s bipartisan passage of the Housing for the 21st Century Act (H.R. 6644), which includes ICBA-advocated community bank regulatory reforms and promotes housing affordability. “ICBA and the nation’s community banks strongly support the Housing for the 21st Century Act for its numerous…
ABA: ABA Applauds House Passage of Housing for the 21st Century Act
“ABA applauds the House for passing the Housing for the 21st Century Act, which includes measures that enhance housing opportunities across the country as well as several key provisions to help level the regulatory playing field for community banks. These measures provide regulatory and examination relief for smaller banks, incentivize the formation of new banks…
ICBA: ICBA Strongly Supports Senate Bill to Close Industrial Loan Company Loophole
The Independent Community Bankers of America (ICBA) today expressed its strong support for bipartisan legislation to close the industrial loan company (ILC) loophole, which allows commercial companies to own full-service banks without full regulatory oversight. A loophole in the Bank Holding Company Act allows commercial and fintech companies to own or acquire ILCs chartered in…
ABA: Banking and Credit Union Groups Urge Congress to Reject Durbin-Marshall Bill
The American Bankers Association, America’s Credit Unions, Association of Military Banks of America, Bank Policy Institute, Consumer Bankers Association, Defense Credit Union Council, Independent Community Bankers of America, Electronic Payments Coalition, Electronic Transactions Association, Mid-Size Bank Coalition of America and National Bankers Association, today sent a joint letter to members of Congress strongly opposing the so-called Credit…