Advocacy & Policy articles

Too Big to Regulate

Too Big to Regulate

With regulators providing little to no restraint, Wall Street megabanks still run wild, bullying the U.S. economy and financial system By Kelly Pike Three years after the Dodd-Frank Wall Street Reform and Consumer Protection Act was enacted, promising to end too-big-to-fail financial institutions and the taxpayer bailouts that saved them, surprisingly little, visibly tangible progress […]

A Plan for Prosperity

Hundreds of community bankers will rally in Washington for regulatory relief By Paul Merski About 1,000 community bankers and industry allies will gather in Washington this month to lobby lawmakers during the 2013 ICBA Washington Policy Summit. The April 24–25 fly-in gives community bankers nationwide an ideal opportunity to press their congressional representatives and regulators […]

Quest for QM Qualifications

ICBA seeks additional community bank accommodations in new mortgage regulations By Karen Thomas Despite important accommodations for community banks, new rules establishing minimum mortgage-lending underwriting standards nevertheless could leave many consumers without access to credit. The Consumer Financial Protection Bureau’s final rule establishing ability-to-repay requirements for mortgage loans structures a “qualified mortgage” (QM) standard as […]

Being Heard: Vigilance as the New Normal

By Brian Anderson The past few years have felt like a hurricane of economic adversity for the financial stability of our nation. Extended periods of heavy economic headwinds have similarly battered the community banking industry and the communities they serve. Between over-aggressive regulatory encroachment and attempts at industry power grabs by tax-advantaged competitors, it seems […]

A Fresh Start in Congress

Led by ICBA’s legislative experts, community banking’s agenda in the 113th Congress will zero in on regulatory and tax relief By John Hand and Alan Keller With the start of the 113th Congress under way, there is no shortage of issues for debate in Washington. While tax and spending issues have dominated the headlines in […]

Can Opposites Attract?

Reps. Jeb Hensarling and Maxine Waters: an unlikely pairing that offers a test case of congressional cooperation on the House Financial Services Committee By Tim Cook Could political Mercury and Pluto ever share the same orbit? Debate continues in Washington about how to extract Capitol Hill from its partisan policymaking gridlock. For those wondering whether […]

Making Smarter Mortgage Rules

The Consumer Financial Protection Bureau’s ability-to-pay regulations include much-needed breaks By Karen Thomas After months of ICBA advocacy for a new approach to mortgage regulations that recognizes the unique role of community banks, new Consumer Financial Protection Bureau rules have made important accommodations for the industry. In recently released final rules requiring mortgage lenders to […]


New Committee Brings New Opportunities for Community Banks

New Committee Brings New Opportunities for Community Banks By Aaron Stetter As the 113th Congress gets underway it is important to note the key “players,” both returning and new, who will steer financial services policy for the next two years. While ICBA enjoyed strong working relationships with both the outgoing House Financial Services Committee Chairman Spencer […]

FDIC Data Show Industry Improvements Continue

FDIC Data Show Industry Improvements Continue By Ryan Hadley The performance of FDIC-insured commercial banks and savings institutions continued to improve in the third quarter of 2012 with the highest quarterly net income since the third quarter of 2006. Slower to realize the gains made by larger institutions, community bank profitability continues to improve even […]

Structural Changes to the Bank Secrecy Act

ICBA’s Regulatory Outlook for 2013 By Lilly Thomas With the appointment of new Financial Crimes Enforcement Network Director Jennifer Shasky Calvery, community banks should expect to see the agency work to reduce the redundancies and inefficiencies in the anti-money-laundering and anti-terrorist-financing regulatory framework. The agency already has formed an interagency task force to review the […]