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Comment Letter to the OCC and FDIC on Federal Interest Rate Authority

The Independent Community Bankers of America appreciates the opportunity to comment on proposed rules by both the FDIC and the OCC which would clarify that when a bank sells, assigns, or otherwise transfers a loan, interest permissible prior to the transfer continues to be permissible following the transfer.
January 30, 2020 | News   Lending 

ICBA Seeks Hearings on Surging Credit Union Acquisitions

The Independent Community Bankers of America today called on Congress to hold hearings on the surge in tax-exempt credit unions purchasing tax-paying community banks.
January 29, 2020 | Press Release   Credit Unions 

ICBA Comment Letter: USDA's Hemp Interim Final Rule

On behalf of the nation’s community banks, with over 52,000 locations, the Independent Community Bankers of America (ICBA) writes to share our views regarding the USDA’s Agricultural Marketing Service’s (AMS) Interim Final Rule (IFR) titled “Establishment of a Domestic Hemp Production Program” as required by the 2018 farm bill.
January 29, 2020 | News   Agriculture Cannabis banking 

ICBA Request for Banking Committee Hearing on Credit Union Purchases of Community Banks

On behalf of community banks across the country, with more than 50,000 locations, I write to call your attention to an emerging trend in the financial services industry: A surge in tax-exempt credit union purchases of tax-paying community banks accelerating the broader trend of industry consolidation.
January 29, 2020 | News   Credit Unions 

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