New GAO Report Confirms Too-Big-To-Fail Exists, Taxpayer Subsidy Continues
PRWeb - Thu Jul 31, 1:10PM CDT
The Independent Community Bankers of America(R) (ICBA) today highlighted the results of a new Government Accountability Office (GAO) report examining the too-big-to-fail subsidy. The report also details the various government-assistance programs that were used to assist the nation's largest financial institutions after they ushered in the worst financial crisis since the Great Depression.
ICBA Launches Petition for Call Report Relief as Part of War on Excessive Regulation
PRWeb - Mon Jul 28, 11:02AM CDT
As part of the Independent Community Bankers of America's(R) (ICBA) war on community bank regulatory burden, the association today launched a petition calling for relief from increasingly onerous quarterly reporting requirements.
On One-Year Anniversary of the CLEAR Relief Act, ICBA Urges Senate to Act Now
PRWeb - Thu Jul 24, 1:31PM CDT
The Independent Community Bankers of America(R) (ICBA) today marked the one-year anniversary of Sen. Jerry Moran's (R-Kan.) and Senator Jon Tester's (D-Mont.) introduction of the Community Lending Enhancement and Regulatory (CLEAR) Relief Act (S. 1349)--comprehensive Senate legislation that would help relieve community banks from excessive regulation and promote local economic growth. While the ICBA advocated legislation has gained 38 bipartisan cosponsors over the past year, this one-year anniversary serves as a reminder that more can be done right now to help Main Street community banks, businesses and communities.
Heritage Financial to Present at the Keefe, Bruyette & Woods 2014 Community Bankers Investor Conference
PR Newswire - Fri Jul 18, 3:45PM CDT
Heritage Financial Corporation ("Company"
ICBA Applauds Senate for Passing Measure Requiring Community Bank Presence on Federal Reserve Board
PRWeb - Thu Jul 17, 2:40PM CDT
The Independent Community Bankers of America(R) (ICBA) today applauded the 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.
ICBA Advocates Measures to Rein in What They Feel Is Government Overreach and Regulation
PRWeb - Tue Jul 15, 3:06PM CDT
The Independent Community Bankers of America(R) (ICBA) today called on Congress to pass legislation to rein in excessive government regulations that are inhibiting economic growth, including the Justice Department's Operation Choke Point initiative. Testifying before the House Financial Services Subcommittee on Financial Institutions and Consumer Credit, ICBA community banker Sam Vallandingham continued ICBA's call for tiered regulations that are tailored to the size and complexity of financial institutions.
Lighthouse Payment Services Inc. to Exhibit at the Community Bankers Association of Ohio's 40th Annual Convention and Tradeshow in Columbus, Ohio on August 13th and 14th
PRWeb - Tue Jul 15, 1:35PM CDT
Lighthouse Payment Services Inc., a leader in lockbox payment processing, today announced it will exhibit its image lockbox services at the Community Bankers Association of Ohio's 40th annual convention and tradeshow. The event will be held in the Archie M. Griffin Grand Ballroom at the Ohio Student Union on August 12-14th 2014 and will feature an exciting week of activities and networking for Ohio community bankers. "We will be exhibiting to increase our geographic footprint in the Ohio area and to show how community banks can increase deposit relationships with image lockbox services tailored specifically for community banks and their clients."
ICBA Survey Shows Growing Call Report Burden on Community Banks
PRWeb - Wed Jul 09, 10:40AM CDT
The Independent Community Bankers of America(R) (ICBA) today released the results of a new survey that shows the increasing and unnecessary regulatory burden that quarterly reporting requirements impose on community banks. In addition to highlighting the rising number of community bank resources devoted to the quarterly call report--resources that would otherwise be used for economic and job growth--virtually all respondents said streamlined reporting rules for these smaller and less complex institutions would reduce their regulatory burden.
ICBA: Study Finds Commercial Banks Meeting Needs of Ag Borrowers
PRWeb - Wed Jul 02, 1:30PM CDT
The Independent Community Bankers of America(R) (ICBA) today highlighted new findings that commercial banks continue meeting the credit needs of agricultural borrowers and that community banks are doing the lion's share of the banking sector's ag lending. Nevertheless, the recent University of Illinois Urbana-Champaign farmdocDaily report finds community banks face stiff headwinds, including mounting compliance costs due to regulatory burdens and weak loan and economic growth.
ICBA Names Umpqua Bank Top Community Bank Leader in Social Media for Second Year in a Row
Business Wire - Tue Jul 01, 12:00PM CDT
For the second year in a row, Independent Community Bankers of America(R) (ICBA) has selected Umpqua Bank, a subsidiary of Umpqua Holdings Corporation (NASDAQ:UMPQ), as the nation's top Community Bank Leader in Social Media. This is the second year ICBA has compiled this list, which highlights community bank social media trailblazers.
ICBA Announces Top Community Bank Leaders in Social Media
PRWeb - Tue Jul 01, 7:03AM CDT
The Independent Community Bankers of America(R) (ICBA) released the Top 50 Community Bank Leaders in Social Media and the Top 25 Community Banker Influencers on Twitter. This is the second year that ICBA has compiled these two lists, which highlight the community bank social media trailblazers among the financial industry.
ICBA: Credit Availability in Rural America Plentiful
PRWeb - Mon Jun 30, 5:08AM CDT
The Independent Community Bankers of America(R) (ICBA) today 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).
Congress to President: Nominate Fed Board Member with Community Bank Experience
PRWeb - Wed Jun 18, 6:30PM CDT
The Independent Community Bankers of America(R) (ICBA) today voiced strong support for a bipartisan letter, signed by 86 members of the House of Representatives, which encourages the President to appoint someone with community banking experience to the Federal Reserve board. ICBA also thanked Reps. Sean Duffy (R-Wis.) and Ed Perlmutter (D-Colo.) for spearheading the letter.
Paradise Bank Named a Top Performer by ICBA
Business Wire - Tue Jun 10, 1:32PM CDT
ICBA Independent Banker(R), the award-winning magazine of the Independent Community Bankers of America(R) (ICBA) and the nation's number-one source for community banking news, recognized Paradise Bank as an ICBA Top Performer in the annual Best of the Best community banks in America in the June issue of the magazine. Paradise Bank's recognition is based on earnings and operational efficiencies throughout 2013.
ICBA Independent Banker Highlights ICBA Top Performers Among Nation's Community Banks
PRWeb - Tue Jun 03, 1:41PM CDT
In its June issue, ICBA Independent Banker(R), the award-winning magazine of the Independent Community Bankers of America(R) (ICBA) and the nation's number-one source for community banking news, published its annual listings of outstanding community bank performers.
ICBA Provides Tips for First-Time Homebuyers
PRWeb - Mon Jun 02, 12:30PM CDT
With the summer real estate season upon us, many Americans are considering purchasing a home over the next few months. The total mortgage originations market is estimated to be around $1 trillion in 2014. With that in mind, the Independent Community Bankers of America(R) (ICBA) and the nation's more than 6,500 community banks are on hand to help homebuyers navigate the mortgage process.
Insperity announces strategic alliance with ICBA as Preferred Service Provider
M2 - Thu May 29, 6:48AM CDT
Insperity Inc (NYSE:NSP), a provider of human resources and business performance solutions, signed a strategic alliance with the professional association for the community banking industry, Independent Community Bankers of America (ICBA), the company declared today.
ICBA Offers Tips for Financial Preparedness in a Natural Disaster
PRWeb - Thu May 22, 2:12PM CDT
As Hurricane Preparedness Week approaches, the Independent Community Bankers of America(R) (ICBA) is offering tips to help individuals put their financial documents in order before a disaster strikes.