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The ICBA Newsroom collects and centralizes all the NewsWatch Today articles, press releases, Main Street Matters blogs, advocacy letters and other news that impacts community bankers.

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FDIC minority bank subcommittee meeting tomorrow

The FDIC Advisory Committee on Community Banking’s Minority Depository Institutions Subcommittee will convene at 1 p.m. (Eastern time) tomorrow, Oct. 25.
October 24, 2022 | ICBA NewsWatch Today   MDI 

ICBA pushback on FHFA capital standards rules makes headlines

ICBA’s joint letter urging the Federal Housing Finance Agency to align its capital standards with federal banking agencies was covered in PoliticoPro, American Banker, and Housing Wire.
October 24, 2022 | ICBA NewsWatch Today   Capital Federal Housing Finance Agency 

Court rules CFPB funding structure unconstitutional

A federal appeals court ruled that the Consumer Financial Protection Bureau's funding method is unconstitutional.
October 21, 2022 | ICBA NewsWatch Today   Compliance 

CFPB directs credit bureaus to screen for nonsensical data in credit reports

The Consumer Financial Protection Bureau issued guidance directing consumer reporting companies to take necessary steps to detect and remove conflicting or nonsensical “junk data” from consumer credit reports.
October 21, 2022 | ICBA NewsWatch Today   Compliance 

ICBA Strongly Opposes FDIC Vote on Assessment Rates

Independent Community Bankers of America (ICBA) President and CEO Rebeca Romero Rainey issued the following statement on today’s FDIC board vote approving an ICBA-opposed proposal to dramatically increase deposit insurance assessments.
October 18, 2022 | Press Release   Deposit Insurance Deposit Insurance 

ICBA, Affiliated State Associations Urge FHFA to Align Capital Rules with Banking Agencies

The Independent Community Bankers of America (ICBA) and its affiliated state associations along with other banking organizations today called on the Federal Housing Finance Agency to align its capital rules with those of the federal banking agencies to avoid penalizing community banks for supporting local communities during the COVID-19 pandemic.
October 18, 2022 | Press Release  

FDIC board meeting tomorrow on assessments, supervisory appeals

The FDIC scheduled a board meeting for tomorrow to vote on its ICBA-opposed proposals to dramatically increase deposit insurance assessments and to eliminate its Office of Supervisory Appeals.
October 17, 2022 | ICBA NewsWatch Today   Deposit Insurance Deposit Insurance 

Interchange measure cut from defense bill, but threat remains

While a must-pass defense bill excludes ICBA-opposed legislation that would create new credit card routing mandates, ICBA continues urging community bankers to speak out against the proposed Durbin Amendment expansion.
October 17, 2022 | ICBA NewsWatch Today   Interchange 

Fed’s Waller ‘highly skeptical’ of U.S. CBDC

Federal Reserve Governor Christopher Waller laid out his opposition to a U.S. central bank digital currency, saying he is “highly skeptical” of the need for a digital dollar.
October 17, 2022 | ICBA NewsWatch Today   Digital Assets 

ICBA Foundation continues seeking Hurricane Ian donations

The new ICBA Foundation Disaster Relief Program has raised more than $25,000 in its first 48 hours to assist community bank employees affected by Hurricane Ian—but more donations are needed from community bankers nationwide to support industry colleagues in Florida.
October 14, 2022 | ICBA NewsWatch Today   Community Bank Awareness Crisis Preparedness 

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