ICBA: In New Policy Resolution, ICBA Urges Congress to End Tax Subsidies for Credit Unions Over $1 Billion in Assets
With Congress considering legislation to reform the nation’s tax policy, the Independent Community Bankers of America (ICBA) today called on policymakers to end unwarranted federal tax subsidies for the nation’s largest credit unions. A new policy resolution that ICBA introduced at this week’s ICBA LIVE 2025 national convention in Nashville, Tenn., calls on lawmakers to…
ICBA: ICBA Applauds Treasury Secretary Bessent for Pro-Community Bank Remarks and Support for Independence of Prudential Banking Regulators
The Independent Community Bankers of America (ICBA) today applauded Treasury Secretary Scott Bessent for his remarks supporting community banks and committing to the continued independence of the nation’s prudential banking regulators and dual banking system. “ICBA and the nation’s community banks strongly support Secretary Bessent’s remarks on the positive role of community banks to Main…
ICBA: ICBA Strongly Supports Bipartisan ACRE Act Offering Lower-Cost Credit to Rural Americans
The Independent Community Bankers of America (ICBA) today expressed strong support for the introduction of the Access to Credit for our Rural Economy (ACRE) Act to support farmers, ranchers, and rural homeowners. The bipartisan bill introduced by Sens. Jerry Moran (R-Kan.) and Angus King (D-Maine) in the Senate and Reps. Randy Feenstra (R-Iowa) and Don…
ICBA: ICBA Commends FDIC for Rescinding Proposed Rules on Brokered Deposits, Corporate Governance, Incentive-Based Compensation
The Independent Community Bankers of America (ICBA) today commended the Federal Deposit Insurance Corp. board of directors for withdrawing three ICBA-opposed proposed rules that would harm community banks and the communities they serve. As advocated by ICBA, the FDIC today announced it is withdrawing proposals to: “ICBA and the nation’s community banks commend the FDIC board of…
ICBA: Statement Issued Opposing Consolidation of the Nation’s Banking Regulators
Independent Community Bankers of America (ICBA) President and CEO Rebeca Romero Rainey issued the following statement opposing the consolidation of the nation’s banking regulators. “While Wall Street bank executives and others have called for consolidating the nation’s banking regulators, ICBA and community bankers have long supported the independence of the federal banking agencies and our…
ICBA: U.S. Postal Inspection Service and ICBA Partner to Help Community Banks Combat Check Fraud
The Independent Community Bankers of America® (ICBA) today announced a partnership with the U.S. Postal Inspection Service to combat the threat of check fraud. As part of this initiative, ICBA and the Postal Inspection Service will deliver in-branch educational materials with step-by-step instructions to help consumers safeguard their financial assets and respond if they experience…
ICBA: CFPB’s 1071 Rule Again Paused by Court
A U.S. court of appeals temporarily paused the Consumer Financial Protection Bureau’s 1071 small-business rule and extended its compliance deadlines until further notice, as advocated by ICBA. Court Ruling: The U.S. Court of Appeals for the Fifth Circuit granted a request by ICBA and other plaintiffs to suspend implementation of the rule pending their ongoing legal…