With some community bank customers inquiring about the security of their bank deposits amid government efforts related to federal spending and bureaucracy, ICBA released customizable language its members can use to answer customer questions.
When community bankers from across the country gather in Nashville next month for ICBA LIVE, a remarkable agenda awaits them, according to the latest Independent Banker magazine.
Community banks with $850 million or more in assets will soon need to comply with the new open banking regulation, and smaller institutions might want to prepare for data sharing if their customers demand it, according to the latest Independent Banker magazine.
At the first House Financial Services Committee hearing of the new Congress, ICBA President and CEO Rebeca Romero Rainey called on lawmakers to transform the regulatory environment for community banks to promote locally based economic growth.
In separate testimony on Wednesday at the first House Small Business Committee hearing of the 119th Congress, ICBA called on lawmakers to advance regulatory and tax relief that will further enhance small-business lending.
ICBA expressed strong support for new legislation to overturn the Consumer Financial Protection Bureau’s small-business data collection and reporting requirements under Section 1071 of the Dodd-Frank Act.
The Senate Agriculture Committee is scheduled to hold a hearing at 10:30 a.m. (Eastern time) today titled "Perspectives from the Field: Farmer and Rancher Views on the Agricultural Economy, Part 1.”
ICBA is calling on community bankers to use its Be Heard Grassroots Action Center to urge members of Congress to support policy priorities for the 119th Congress.
