ICBA Applauds House for Passing Much-Needed Regulatory Relief
PRWeb - Tue May 06, 8:35PM CDT
The Independent Community Bankers of America(R) (ICBA) today applauded the U.S. House of Representatives for approving ICBA-advocated legislation that supports local economic growth by reducing regulatory burdens on community banks. The House today approved H.R. 3329 and H.R. 2672 to help community banks raise capital and lend in their communities.
Community Bankers Bring Their Voices to the Capitol During ICBA Washington Policy Summit
PRWeb - Tue Apr 29, 4:17PM CDT
Today more than 1,000 community bankers and industry advocates gathered in Washington for the Independent Community Bankers of America(R) (ICBA) annual Washington Policy Summit, which runs through Thursday. Community bankers from around the nation will meet with their members of Congress to discuss issues that impact community banks, local economies and their customers they serve on Main Street. Key issues include regulatory relief, housing-finance reform, ICBA's Plan for Prosperity and ending the credit union and Farm Credit System tax subsidies. In addition to meeting with their policymakers, community bankers will hear remarks from key speakers include Senate Banking Committee members Bob Corker (R-Tenn.) and Heidi Heitkamp (D-N.D.) on Wednesday and Federal Reserve Chair Janet Yellen on Thursday.
ICBA Statement on FDIC Study on Industry Consolidation: Study Confirms That Community Banks Remain Resilient
PRWeb - Wed Apr 09, 11:05PM CDT
John Buhrmaster, president of 1st National Bank of Scotia, N.Y., and chairman of the Independent Community Bankers of America(R) (ICBA), and Camden R. Fine, ICBA president and CEO, issued this statement following the Federal Deposit Insurance Corp.'s (FDIC) release of a study addressing community bank resiliency amid banking industry consolidation.
SNL Financial Announces Top 100 Best Performing Community Banks
PRWeb - Wed Apr 09, 1:35PM CDT
Announced today at the 3rd Annual Community Bankers Conference in Dallas, Texas, SNL Financial released its annual ranking of 2013's top 100 best performing banks in two categories: community banks with assets between $500 million and $5 billion and community banks with assets less than $500 million. Of the companies with assets between $500M and $5B, Grafton, ND-based Choice Financial Holdings Inc. earned the top place. Coming in as first and second runners-up, respectively, were Saint Cloud, MN-based Stearns Financial Services Inc. and Corsicana, TX-based Community National Bank & Trust of Texas, a unit of Community Bank Holdings of Texas Inc. Stearns Financial Services climbed from number 4 in the 2012 ranking.
ICBA: Community Bank Regulatory Relief Will Grow Local Economies and Create Jobs
PRWeb - Tue Apr 08, 11:13PM CDT
The Independent Community Bankers of America(R) (ICBA) told members of Congress that community banks nationwide have identified regulatory burden as a top concern in providing credit in their communities. In a statement for the House Committee on Financial Services hearing, "Who's in Your Wallet: Examining How Washington Red Tape Impairs Economic Freedom," ICBA said that reducing regulatory burdens will help grow local economies and create jobs in local communities.
ICBA: "Operation Choke Point" Chokes Off Consumer and Business Access to Payment Systems
PRWeb - Tue Apr 08, 11:03AM CDT
The Independent Community Bankers of America(R) (ICBA) today told Congress that the Department of Justice's broad and overly aggressive enforcement tactics under its "Operation Choke Point" initiative undermine its effectiveness and create serious risks to consumers and the economy. In a coalition statement to the House Financial Services Committee and in a letter to the Justice Department (DoJ), ICBA wrote that holding payment processors and financial institutions responsible for the actions of companies engaged in higher-risk, but legal, activities could have unintended consequences on consumers.
ICBA and Community Banks Kick Off Community Banking Month
PRWeb - Tue Apr 01, 10:41AM CDT
The Independent Community Bankers of America(R) (ICBA) and thousands of its community bank members today kick off ICBA Community Banking Month--a month full of community pride for local residents, small businesses and the community banks that proudly serve them. Throughout the month, ICBA will encourage consumers and small businesses who are interested in building more economically sustainable communities to check out what their community bank has to offer.
ICBA's Fine: Consolidation, Regulation Twin Challenges Facing Community Banks
PRWeb - Mon Mar 31, 9:31PM CDT
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(R) (ICBA) President and CEO Camden R. Fine said today. Speaking in Boston, Fine said that policymakers must ensure their regulations nurture the unique strengths of the community bank model instead of squeezing these institutions into a one-size-fits-all regime.
ICBA Congratulates Community Banker Maria Contreras-Sweet on Confirmation for SBA Administrator
PRWeb - Thu Mar 27, 3:16PM CDT
The Independent Community Bankers of America(R) (ICBA) today congratulated ICBA member Maria Contreras-Sweet following the Senate's vote confirming her to head the Small Business Administration. Contreras-Sweet is the founder and chairman of ProAmérica Bank, a community bank in Los Angeles.
New York Fed Research Shows Too-Big-To-Fail Funding Advantage
PRWeb - Tue Mar 25, 5:16PM CDT
The Independent Community Bankers of America(R) (ICBA) released this statement on Federal Reserve Bank of New York reports released today showing that the nation's largest banks enjoy a cost advantage because they are considered too big to fail.
Appeals Court Decides against Merchant Effort to Increase Price Caps Windfall
PRWeb - Fri Mar 21, 4:18PM CDT
The Independent Community Bankers of America(R) (ICBA) expressed satisfaction with a U.S. Circuit Court of Appeals ruling, Case No. 1:11-cv-02075, ruling rejecting major retailers' efforts to increase the $6 billion annual windfall they secured with the passing of the Durbin debit card price caps.
Meridian Bank Cited for Outstanding Community Service
PRWeb - Wed Mar 19, 9:21AM CDT
Addressing the 2014 National Convention of the Independent Community Bankers of America(R) in Honolulu, ICBA president and CEO Camden R. Fine cited Malvern-based Meridian Bank for its dedication to the communities it serves.
ICBA Statement on Johnson-Crapo Legislative Text on Housing-Finance Reform
PRWeb - Tue Mar 18, 7:01PM CDT
The Independent Community Bankers of America(R) (ICBA) today released this statement following the release of legislative text by Senate Banking Committee Chairman Tim Johnson (D-S.D.) and Ranking Member Mike Crapo (R-Idaho) to reform the housing-finance system and secondary mortgage market.
Community Bankers Association of Ohio Selects Ncontracts as Preferred Partner
PRWeb - Fri Mar 14, 7:06AM CDT
The Community Bankers Association of Ohio has selected Ncontracts, a leading provider of vendor management and contract management, as the Association's choice for vendor and contract management and compliance services.
ICBA Supports Congressional Passage of Bill That Helps Mitigate Drastic Flood Insurance Rate Hikes
PRWeb - Thu Mar 13, 9:16PM CDT
The Independent Community Bankers of America(R) (ICBA) said it strongly supports today's Senate vote of 72 to 22 finalizing congressional passage of ICBA-advocated, bipartisan legislation to protect homeowners from significant increases in flood insurance premiums.
ICBA Statement on Confirmation of Sarah Bloom Raskin for Deputy Treasury Secretary
PRWeb - Wed Mar 12, 7:06PM CDT
Camden R. Fine, president and CEO of the Independent Community Bankers of America(R) (ICBA), today released this statement following the confirmation of Sarah Bloom Raskin for Deputy Treasury Secretary.
ICBA Statement on Johnson-Crapo Agreement on Housing-Finance Reform
PRWeb - Tue Mar 11, 4:31PM CDT
The Independent Community Bankers of America(R) (ICBA) today said it appreciates the bipartisan efforts of Senate Banking Committee Chairman Tim Johnson (D-S.D.) and Ranking Member Mike Crapo (R-Idaho) in reaching an agreement on core principles for reforming the housing-finance system and secondary mortgage market. ICBA strongly supports continued community bank access to a financially strong, reliable and impartial secondary mortgage market to ensure the continued flow of mortgage credit to consumers nationwide.
Hilltop Holdings Named a 2013 Raymond James Community Bankers Cup Winner
Business Wire - Mon Mar 10, 11:08AM CDT
Hilltop Holdings Inc. (NYSE: HTH) was named a 2013 Raymond James Community Bankers Cup winner. The second annual Bankers Cup award recognizes the top 10 percent of community banks on various profitability, operational efficiency and balance sheet metrics.
ICBA Announces 2014-15 Executive Committee
PRWeb - Thu Mar 06, 11:07PM CST
The Independent Community Bankers of America (ICBA) announced the election of its 2014-15 Executive Committee during its 2014 ICBA national convention in Honolulu.
"Don't Hit the Snooze Button. Stand Up for What You Believe In" is New ICBA Chairman's Message to Nation's Community Bankers
PRWeb - Thu Mar 06, 8:07AM CST
John H. Buhrmaster, president of 1st National Bank of Scotia, N.Y., who became chairman of the Independent Community Bankers of America(R) (ICBA) yesterday, told community bankers gathered at the association's 2014 National Convention in Honolulu that getting more community bankers engaged and advocating for the industry is his top priority as ICBA chairman.