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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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ICBA Statement on Credit Union Debt Rule

ICBA and the nation's community banks strongly oppose today’s National Credit Union Administration approval of a final rule that will allow the largest and most complex tax-exempt credit unions to issue subordinated debt to institutional investors.
December 17, 2020 | Press Release   Credit Unions 

FDIC study: Community banks critical to key economic areas

The FDIC issued a new study that found community banks serve a critical role in providing access to credit in several key areas of the U.S. economy, particularly commercial real estate, small businesses, and agriculture.
December 17, 2020 | ICBA NewsWatch Today   Federal Deposit Insurance Corporation 

NCUA board meeting today on subordinated debt

The National Credit Union Administration board is scheduled to meet at 10 a.m. (Eastern time) today to vote on an ICBA-opposed final rule allowing credit unions to issue subordinated debt as an alternative form of capital.
December 17, 2020 | ICBA NewsWatch Today   Credit Unions 

SolarWinds: What community banks need to know

The supply chain attack on the SolarWinds Orion Platform and subsequent customer breaches is affecting every corner of the economy, including community banking, ICBA President and CEO Rebeca Romero Rainey wrote.
December 17, 2020 | ICBA NewsWatch Today   Cybersecurity 

SolarWinds-related breaches: What community banks need to know

The supply chain attack on the SolarWinds Orion Platform, and the subsequent breaches to its customers, is a significant cybersecurity event that is affecting every corner of the public and private sectors, including community banking.
December 16, 2020 | ICBA NewsWatch Today   Cybersecurity 

FDIC proposes amendments to SAR regs

The FDIC proposed a rule to amend the agency’s Suspicious Activity Report regulation. The proposal would permit the FDIC to issue additional, case-by-case exemptions from SAR filing requirements to FDIC-supervised institutions.
December 16, 2020 | ICBA NewsWatch Today   Compliance 

Community Banks Participating in ICBA/Travelers Program Receive Year End Dividend

The Independent Community Bankers of America today announced that a dividend of $4.3 million will be shared by more than 1,200 community banks based on their participation in the 2019 ICBA/Travelers insurance program.
December 16, 2020 | Press Release  

ICBA Statement on ILC, Brokered Deposit Rules

Independent Community Bankers of America President and CEO Rebeca Romero Rainey issued a statement on today's Federal Deposit Insurance Corp. final rule on industrial loan companies.
December 15, 2020 | Press Release   Commerce & Banking Deposit Insurance Lending 

ICBA: CFPB should narrow 1071 reporting plan

The Consumer Financial Protection Bureau's outline of proposals for implementing small-business data collection and reporting rules is too broad and should be narrowed, ICBA said.
December 15, 2020 | ICBA NewsWatch Today   Consumer Financial Protection Bureau 

Bipartisan stimulus proposal includes ICBA priorities

Draft proposed legislation released by a bipartisan group of lawmakers includes ICBA-advocated stimulus priorities.
December 15, 2020 | ICBA NewsWatch Today   Advocacy Crisis Preparedness Lending 

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