ICBA’s 2020/21 executive committee: The future’s bright Apr 01st 2020 12:04am on Advocacy & Policy, General, Industry Insight, Leadership, Legislation, People, slide ICBA’s 2020/21 executive committee: The future’s bright Apr 01st 2020 12:04am on Advocacy & Policy, General, Industry Insight, Leadership, Legislation, People, slide The 2020/21 ICBA executive committee is chock-full of experienced, ambitious and inspired community bankers. From reining in credit unions to championing the SAFE Banking Act, they’ll be leading the charge this year to make sure community banks can flourish. We asked them about their priorities—and what they’d be if they weren’t community bankers. By Molly […]
Lilly Thomas: The state of CRA modernization Mar 01st 2020 12:03am on Advocacy & Policy, Columns, Legislation The current requirements of the Community Reinvestment Act do not fit the needs of community banks today. ICBA makes its case. By Lilly Thomas, ICBA After more than two decades without change, the Community Reinvestment Act (CRA) is poised for modernization—but what those changes will look like is still up for debate. ICBA has pushed […]
Closing the ILC back door for good Feb 01st 2020 12:02am on Advocacy & Policy, Columns, Legislation Despite ICBA’s previous victories blocking huge companies from entering the banking industry, the industrial loan corporation loophole still exists. ICBA is taking aim to close it permanently. By Chris Cole and Paul Merski, ICBA Fourteen years ago, ICBA celebrated an important victory when Walmart withdrew its FDIC deposit insurance application as a Utah chartered industrial […]
John Coleman: The grassroots go-to guy Jan 01st 2020 12:01am on Advocacy & Policy, Columns, Legislation Want to reach someone in Congress? Try calling John Coleman, ICBA’s director of advocacy. Coleman has become an expert on starting conversations between community banks and policymakers on how to do right by the industry. By Kelly Pike Reaching out to a member of Congress can be intimidating. Community bankers don’t always know who to […]
The regulatory reforms coming up this year Jan 01st 2020 12:01am on Advocacy & Policy, Focus, General, Regulation & Compliance, Regulation / Compliance The pace of regulatory and compliance change isn’t likely to slow down in 2020. Lawmakers, regulators and community bankers are weighing reforms to the CRA, banking marijuana-related businesses and more. By Mary Thorson Wright Ah, 2020. Arduous regulatory upheaval from recent years, like that under the Dodd-Frank Act, Truth in Lending Act (TILA)-Real Estate Settlement […]
Rebeca Romero Rainey: In it for the long haul Dec 02nd 2019 12:12am on Advocacy & Policy, Columns, Legislation From millions in assessment credits to federal protections for banking cannabis-related businesses, ICBA is focused on winning significant, long-term victories in Washington. By Rebeca Romero Rainey, ICBA With 2019 coming to a close, it’s a good time to reflect on what the community banking industry achieved this year in the advocacy arena—and what remains to […]
Noah Yosif: Do they know they’re tax exempt? Nov 01st 2019 12:11am on Advocacy & Policy, Columns, Legislation An ICBA study uncovers how the credit union tax exemption has become unfair to legitimate for-profit financial institutions, credit union members, tax authorities and taxpayers. By Noah Yosif, ICBA For years, community bankers have argued that tax-exempt credit unions have moved far beyond their mandate to serve people of modest means. Now, a new ICBA […]
From BSA to banking cannabis: ICBA’s advocacy agenda Oct 01st 2019 12:10am on Advocacy & Policy, Legislation, Regulation / Compliance, slide Community banks and ICBA have a lot to celebrate, from legislative victories to a more level playing field. But that doesn’t mean our work is over. There are still plenty of regulatory and legislative opportunities that ICBA continues to fight for. Read on to learn about the agenda ICBA will advance in 2020 and how […]
Jim Reber: Tug of war Oct 01st 2019 12:10am on Advocacy & Policy, Columns, Regulation / Compliance Rate volatility can work to your community bank’s advantage. By Jim Reber, ICBA Securities Whew. In just the nine months between November 2018 and July 2019, the bond market witnessed these events: Both a hike (Dec. 19) and a cut (July 31) to overnight benchmark rates An inversion of the yield curve between one and […]
How Texas banks are catching skimmers Sep 01st 2019 12:09am on Advocacy & Policy, Banks, Focus, Industry Insight, Legislation A group of Texas financial institutions is teaming up with law enforcement to crack down on rampant card skimming in the area. Their fraud prevention efforts, which included boosting new anti-skimming laws, started at a community bank. By Katie Kuehner-Hebert When Ken Hartley became the bank security officer of $2.6 billion-asset Texas Bank and Trust […]
