The Independent Community Bankers of America® (ICBA) has one mission: to create and promote an environment where community banks flourish. We power the potential of the nation’s community banks through effective advocacy, education, and innovation. As local and trusted sources of credit, America’s community banks leverage their relationship-based business model and innovative offerings to channel deposits into the neighborhoods they serve, creating jobs, fostering economic prosperity, and fueling their customers’ financial goals and dreams. For more information, visit ICBA’s website at icba.org.
External link for ICBA
1615 L Street, NW
Suite 900
Washington, DC 20036-5623, US
518 Lincoln Road
Sauk Centre, MN 56378, US
It's a wrap on the #ICBAThinkTech Accelerator Showcase! Thank you Graduate School of Banking at Colorado for hosting us this year. Our team can't wait to be back. A shoutout to our cohort: Prelim, RiskScout, Savvi AI, All Heart Award Recipient FINBOA, this year's MVP ScribeUp and our Community Banker's Choice winner: REGO Payment Architectures, Inc. ✨
We are calling on community bankers to urge their senators to include in must-pass legislation a bipartisan bill that would protect the financial privacy of mortgage applicants. Act now:
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As Congress debates a regulatory framework for stablecoins, we are engaged with lawmakers to ensure strong oversight over stablecoin issuers. As part of ICBA’s advocacy efforts on stablecoins and other cryptoassets, we’re calling on Congress to: ⚫ Ensure any new regulatory framework recognizes the outsized risks that stablecoins pose to consumers and the financial system. ⚫ Address crypto’s role in facilitating financial crimes, such as enabling money laundering and terrorist financing, defrauding consumers and businesses, and evading U.S. sanctions. ⚫ Preserve the separation of banking and commerce by ensuring commercial firms are not given the significant power of issuing private currency. ⚫ Reject crypto advocates’ calls for giving states the authority to charter stablecoin issuers with limited federal oversight, which would establish a regulatory race to the bottom ripe for bad actors to exploit. ⚫ Prohibit the Federal Reserve from granting Master Account access to such issuers. As the debate continues, ICBA and our Digital Assets Subcommittee will remain engaged with policymakers to advance a robust regime that shields Main Street consumers and institutions from the risks posed by stablecoins and the broader crypto sector.
With potential regulatory guidance for cannabis banking on the horizon, these community banks are positioning themselves strongly and safely within this growing industry. Learn more in the latest #IndependentBanker: https://lnkd.in/eeWFPSNz
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Banking Policy Advocate | Instant Payments and Fraud Specialist | Government and Industry Relations Leader | Board Member
I was so pleased to share an update on the current state of #checkfraud and the important work ICBA is doing to fight #payments #fraud and #scams at the Community Bankers of Michigan (CBM)’s Upper Peninsula Executive Banking Forum. Without a doubt, #communitybanks are united in their resolve to prevent, detect, and mitigate check fraud. Thank you to Michael Tierney, Kate Angles, and Sarah Cook for inviting me. And, congratulations to James North on his appointment as CBM’s incoming president and CEO!
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Award winning reporter, video interview editor covering business, military and college athletics. Executive Director of CaMMVetsMedia LLC, "Covering Cadets, Midshipmen, the Military and Veterans Proudly Since 2008.
"Community Banks are life blood of Main Street...We are protectors of Main Street!" that's Brad Bolton a former chairman of ICBA after speaking this week at Independent Bankers Association of New York State (IBANYS) 50th Annual Conference in Verona, NY. Brad is CEO of Community Spirit Bank based in Red Bay Alabama. He points out that Community Banks make 60% of small business loans. More of our #KGKTalkingBusiness IBANYS.NET coverage at: https://lnkd.in/esrDrhaX
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Given ICBA and community banker concerns with banking industry concentration and the dramatic growth in assets of the nation’s too-big-to-fail banks, we agree with @USOCC Acting Comptroller Michael Hsu. Last year's big bank failures and the alarming rate of banking industry concentration — with the largest institutions projected to reach $26 trillion in assets by 2033 — show we need effective capital, liquidity, and resolution standards for the largest banks. As Comptroller Hsu says, we must avoid repeating the mistakes of the past and avert risks to consumers and the financial system. https://lnkd.in/eV4AqCFQ
Outdated federal policies mean taxpayers are subsidizing the record number of tax-exempt credit unions acquiring taxpaying community banks, Rebeca Romero Rainey writes in American Banker's BankThink. She calls on Congress to reform policies that foster this trend.
By being purposeful and deliberate about knowledge transfer, a bank can minimize disruption and confusion, while also creating a culture of mentorship and learning. More from ICBA's Lindsay Lanore in the latest #IndependentBanker: https://lnkd.in/eKXnC2Se