Community Banks

ABA: ABA Applauds House Passage of Community Banking Legislation

“We applaud the House for passing three pieces of legislation today to strengthen our financial system and ensure that the regulatory and supervisory framework helps banks of all sizes thrive. The TRUST Act, led by Reps. Tim Moore and Ritchie Torres, and the SMART Act, led by Reps. William Timmons and Bill Foster, make much-needed…

ICBA: ICBA Raises Concerns Over Kraken Pursuit of National Trust Charter

The Independent Community Bankers of America® today expressed strong concern after crypto exchange parent company Payward Inc., operator of Kraken, applied for a national trust bank charter from the Office of the Comptroller of the Currency (OCC). The application follows Kraken’s previously granted accessopens in a new tabfor a Federal Reserve master account and ongoing efforts…

ICBA: New ThinkTECH Accelerator Cohort Named to Help Community Banks Tackle Innovation Priorities

The Independent Community Bankers of America® (ICBA) today announced the selected companies for its eleventh ICBA ThinkTECH Accelerator program (AP11). Running May 18 – July 24, the second cohort of 2026 reflects feedback from ICBA’s ThinkTECH Selection and Advisory Committee and targets priority areas for community bank innovation, including fraud mitigation, artificial intelligence, data analytics,…

FDIC: Anchor Bank Assumes Insured Deposits of Community Bank and Trust – West Georgia, LaGrange, Georgia

Community Bank and Trust – West Georgia of LaGrange, Georgia was closed today by the Georgia Department of Banking and Finance, which appointed the Federal Deposit Insurance Corporation (FDIC) as receiver. The FDIC entered into an agreement with Anchor Bank of Palm Beach Gardens, Florida to assume substantially all insured deposits and acquire certain assets…

ICBA: ICBA Congratulates House on Passage of Farm Bill

Independent Community Bankers of America (ICBA) President and CEO Rebeca Romero Rainey issued the following statement on House passage of the Farm, Food, and National Security Act of 2026 (H.R. 7567) on a 224-200 vote. “ICBA and the nation’s community bankers congratulate the House of Representatives on passage of the farm bill. This is an…

ICBA: Statement on CFPB’s Final Rule to Implement Section 1071 Small-Business Reporting Requirements Issued

Independent Community Bankers of America (ICBA) President and CEO Rebeca Romero Rainey issued the following statement on the Consumer Financial Protection Bureau’s final rule opens in a new tabto implement Section 1071 small-business reporting requirements. “ICBA commends the administration for heeding community banker concerns with the CFPB’s 1071 rule and making needed improvements to help mitigate the…

ICBA: New Polling Shows Public Support for Community Bank Policy Priorities

The Independent Community Bankers of America (ICBA) today is kicking off the 2026 ICBA Capital Summit in Washington with the release of new polling data showing Americans support community banker views on the pressing issues attendees will be discussing with policymakers. “As community bankers hold in-person meetings with their members of Congress this week, new…

ICBA: New Polling Shows Dominant Support for Community Banks Amid Debate Over Digital Assets

With community bankers gathering in Washington this week for the Independent Community Bankers of America’s 2026 ICBA Capital Summit, new polling data show that Americans support community banks and want to ensure the industry is not harmed in the current debate over digital assets policy. “As community bankers representing local communities nationwide gather in Washington…

ICBA: ICBA to Congress: Ensure Digital Assets Legislation Bars Interest on Payment Stablecoins to Avoid Harming Local Economies

As Congress looks to advance digital asset market structure legislation, the Independent Community Bankers of America (ICBA) today is calling on lawmakers to ensure the measure addresses concerns with the harmful impact on local economies of allowing crypto exchanges and other intermediaries to pay interest or yield on payment stablecoins. A recent Council of Economic…

ICBA: ICBA and State Groups Urge FDIC to Reconsider Edward Jones Industrial Loan Company Approval

The Independent Community Bankers of America (ICBA) and 38 state banking associations urged the Federal Deposit Insurance Corporation to reconsider its decision to approve Edward Jones’s deposit insurance application to form a Utah-chartered industrial loan company. In a letter to the FDIC opens, ICBA and the state banking groups cited Edward Jones’s extensive network of more than…