OCC: Actions Announced to Reduce Regulatory Burden for Community Banks
The Office of the Comptroller of the Currency (OCC) today announced guidance to banks and proposed rulemakings to reduce regulatory burden for community banks. These actions build upon the OCC’s continued efforts to tailor its regulatory and supervisory frameworks to minimize burden for its regulated institutions and promote economic growth. “Community banks have an outsized…
ABA: California Banker Elected as Chair of ABA’s Community Bankers Council
The American Bankers Association has elected Jon Sisk as chair of ABA’s Community Bankers Council for the 2025-2026 association year. Sisk is executive vice president and chief banking officer of West Coast Community Bank. “Jon Sisk brings a deep understanding of community banking and a strong commitment to industry leadership,” said Rob Nichols, ABA president…
OCC: Agency Announces Updates to Organizational Structure
The Office of the Comptroller of the Currency (OCC) today announced a new organizational framework for bank supervision and updates to the structure of its Office of the Chief National Bank Examiner. Effective October 1, three distinct lines of business will replace the Bank Supervision and Examination group: Large and Global Financial Institutions, Regional and…
ABA: Officers & Board Nominated for 2025-2026
The American Bankers Association’s Nominating Committee has finalized the official slate of candidates to be presented for election at the association’s annual meeting scheduled for Oct. 21 in Charlotte, N.C. The committee, chaired by Julieann M. Thurlow, president and CEO, Reading Cooperative Bank, Reading, Mass., nominated these candidates for ABA officer positions: The committee also…
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…
ICBA: 2025 National Community Bank Service Award Recipients Honored for Efforts to Create Resilient Communities
The Independent Community Bankers of America (ICBA) today announced the winners of its 2025 National Community Bank Service Awards, recognizing the innovative and exceptional efforts of the nation’s community banks to support and uplift local communities. Stories are featured in the September issue of ICBA’s Independent Banker magazine. “ICBA is proud to recognize our 2025 National…
ICBA: Statement Issued on the CFPB’s Proposed Rule to Implement Section 1033 Standards on Sharing Consumer Financial Data
Independent Community Bankers of America (ICBA) President and CEO Rebeca Romero Rainey issued the following statement on today’s Consumer Financial Protection Bureau proposed rule to implement Section 1033 of the Dodd-Frank Act. “As the CFPB considers a new proposed rule to implement Section 1033 standards on sharing consumer financial data, ICBA and the nation’s community…
ICBA: Statement Issued on Executive Order on Ensuring Access to Fair Banking
Independent Community Bankers of America (ICBA) President and CEO Rebeca Romero Rainey issued the following statement on today’s executive order from President Donald Trump on ensuring fair banking for all Americans. “Community banks are built to provide fair access to consumers given their long-standing and proven commitments to serving individuals, families, and small businesses in…
ABA: Foundation Launches Guide for Nonprofits on Forming Bank Partnerships
The American Bankers Association Foundation today released a new resource for nonprofit organizations on how to establish and maintain bank partnerships. The guide, “The Power of Collaboration: A Guide for Nonprofits to Partner with Banks,” aims to help organizations learn more about the business of banking and how to foster strong, mutually beneficial partnerships that can lift…
ICBA: ICBA Urges OCC to Consider Key Principles for Digital Asset National Bank Charter Applications
In light of an increase in charter applications from nonbank digital asset firms, the Independent Community Bankers of America (ICBA) today urged the Office of the Comptroller of the Currency to keep in mind several key principles when considering such applications. In a letter to the OCC, ICBA noted that applications from nonbank digital asset-related entities…