Independent Community Bankers of America (ICBA) President and CEO Rebeca Romero Rainey released the following statement on today’s Federal Deposit Insurance Corporation (FDIC) and Office of the Comptroller of the Currency (OCC) proposed rules to prohibit the use of reputation risk by regulators and to revise the supervisory framework for “unsafe or unsound” banking practices.
ICBA Commends FDIC OCC on Proposals to Improve Regulatory Oversight
October 07, 2025 / By ICBA
Independent Community Bankers of America (ICBA) President and CEO Rebeca Romero Rainey released the following statement on today’s Federal Deposit Insurance Corporation (FDIC) and Office of the Comptroller of the Currency (OCC) proposed rules to prohibit the use of reputation risk by regulators and to revise the supervisory framework for “unsafe or unsound” banking practices.
Washington, D.C. (Oct. 7, 2025) — Independent Community Bankers of America (ICBA) President and CEO Rebeca Romero Rainey released the following statement on today’s Federal Deposit Insurance Corporation (FDIC) and Office of the Comptroller of the Currency (OCC) proposed rules to prohibit the use of reputation risk by regulators and to revise the supervisory framework for “unsafe or unsound” banking practices.
“ICBA and the nation’s community bankers commend the FDIC and OCC for today’s proposals to remove reputation risk from their supervisory programs and to promote greater uniformity regarding their enforcement and supervision standards. Prioritizing material financial risks over sometimes arbitrary supervisory concerns related to policies, process, documentation, and other nonfinancial risks facilitates a tailored regulatory framework that allows community banks to meet the needs of the local communities in which they’re based.
“Today’s proposed rules are designed to advance tiered and proportionate regulations that will help ensure community banks continue to meet the needs of local communities — in line with ICBA’s “Repair, Reform, and Thrive” plan and open letter to the 119th Congress. We look forward to continuing to work with banking regulators, the Trump administration, and Congress on these policy reforms.”
About ICBA
The Independent Community Bankers of America® has one mission: to create and promote an environment where community banks flourish. We power the potential of the nation’s community banks through effective advocacy, education, and innovation.
As local and trusted sources of credit, America’s community banks leverage their relationship-based business model and innovative offerings to channel deposits into the neighborhoods they serve, creating jobs, fostering economic prosperity, and fueling their customers’ financial goals and dreams. For more information, visit ICBA’s website at icba.org.
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