Legislation articles

Big group of people posing for the photo in front of a lake in a valley

Joe Schneider: Separated but closer than ever

Joe Schneider: Separated but closer than ever

ICBA is working with state associations to counter Paycheck Protection Program (PPP) confusion and inaccurate information. By Joe Schneider, ICBA During a crisis, accurate and timely information is often at a premium, and the COVID-19 pandemic is no exception. When Congress passed the Paycheck Protection Program (PPP) as part of the Coronavirus Aid, Relief, and […]

Larry Kudlow speaks to a medical professional

Aaron Stetter: Grassroots gets it done

An unprecedented effort by ICBA community bankers nets a PPP set-aside reserve. By Aaron Stetter, ICBA There’s power in numbers. ICBA’s community bank members have proven it over and over, and they’ve done it once more—and in record time. Community bankers turned out in force as part of ICBA’s grassroots efforts to advocate that Congress quickly […]

House Minority Leader Kevin McCarthy, House Speaker Nancy Pelosi, House Majority Leader Steny Hoyer

Aaron Stetter: Engineering economic relief

As the COVID-19 pandemic continues, ICBA is pushing Congress to help community bankers provide economic support. By Aaron Stetter, ICBA With the coronavirus presenting unprecedented challenges to both Americans and the American economy, ICBA has worked tirelessly to promote legislative solutions that can help community banks support employment, the economy and their communities. From ICBA […]

ICBA’s 2020/21 executive committee: The future’s bright

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 […]

Rep. Gregory Meeks and Joseph Otting

Lilly Thomas: The state of CRA modernization

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 […]

back door of a business

Closing the ILC back door for good

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

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 […]

Rebeca Romero Rainey: In it for the long haul

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?

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 […]