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Independent Community Bankers of America (ICBA)

ICBA Launches Petition to Defend Community Banks From Onerous Reporting Requirements

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As part of the Independent Community Bankers of America’s (ICBA) war on community bank regulatory burden, the association has launched a petition calling for relief from increasingly onerous quarterly reporting requirements.Click to continue

ICBA Celebrates Election of Community Banker to Federal Reserve Board

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The Independent Community Bankers of America (ICBA) has applauded the U.S. Senate for approving legislation that would require the White House to appoint someone with community banking experience to the Federal Reserve Board. An ICBA-advocated amendment offered by Sen. David Vitter (R-LA) to legislation reauthorizing the Terrorism Risk Insurance Act (S. 2244) would require at least one member of the Fed board to have experience as a community banker or community bank supervisor.Click to continue

ICBA and 45-State Coalition Petition CFPB Regarding Exceptions for Small Creditors

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The Independent Community Bankers of America (ICBA) and a coalition of 45 state and regional banking associations urged the Consumer Financial Protection Bureau (CFPB) to expand exceptions for small creditors under new mortgage rules to ensure community banks can continue to meet their communities’ mortgage needs.Click to continue

ICBA to House Committee: Credit Plentiful for America’s Farmers and Ranchers

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The Independent Community Bankers of America (ICBA) told a House Agriculture Committee subcommittee examining rural credit availability that credit is plentiful for America’s farmers and ranchers and is being provided at rates near historically low levels. However, Sean Williams, president and CEO of First National Bank of Wynne, Ark., urged Congress to conduct a series of hearings relating to troubling activities of the Farm Credit System (FCS).Click to continue

ICBA Voices Concern Over Mortgage Servicing Restrictions

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The Independent Community Bankers of America (ICBA) has called upon federal banking regulators not to limit consumers’ mortgage servicing options by imposing stricter mortgage-servicing regulations on community banks. In a comment letter to regulators, ICBA wrote that community banks should not be penalized for servicing the loans they originate for their customers.Click to continue

Increased Compliance Squeezing Out Community Banks

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Addressing the twin challenges of persistent consolidation in the banking industry and regulations that are disproportionately burdensome on the smallest financial institutions is essential to ensuring a future for the nation’s community banking system, Independent Community Bankers of America (ICBA) President and CEO Camden R. Fine said.Click to continue