Jan. 11, 2019 ICBA is calling on community bankers from the board room to the frontline to complete a brief survey on their contacts with members of Congress. The 10-minute “State of Advocacy” survey gathers information that is instrumental in refining ICBA’s…

Jan. 23, 2019 ICBA’s longtime campaign to improve the Current Expected Credit Loss accounting standard has lately received new life, ICBA’s Chris Cole and James Kendrick write in a new blog post. On Main Street Matters, the accounting experts write…

Jan. 22, 2019 Senate Banking Committee Chairman Mike Crapo (R-Idaho) and Ranking Member Sherrod Brown (D-Ohio) announced the panel’s subcommittee assignments for the 116th Congress. The Subcommittee on Financial Institutions and Consumer Protection will be led by Sens. Tim Scott…

Jan. 22, 2019 ICBA called on the FDIC to deny Square Financial Services Inc.’s recently refiled deposit-insurance application. In a letter on the application, which was filed Dec. 19 after Square withdrew its original ICBA-opposed bid, ICBA also repeated its…

Jan. 22, 2019 ICBA expressed disappointment in federal regulators’ insufficient proposal to reduce reporting burdens and repeated its call for a true short-form call report. Following its weeks-long grassroots advocacy campaign, ICBA said the call report for the first and…

Jan. 22, 2019 ICBA called on key congressional committees to hold hearings on the National Credit Union Administration’s approval of an “emergency merger” between Pentagon Federal Credit Union and Progressive Credit Union. The merger allows PenFed, the third-largest U.S. credit…

Jan. 22, 2019 Subchapter S bank shareholders will have significantly expanded access to the 20 percent tax deduction for pass-through businesses under a Treasury Department final rule that includes ICBA-advocated reforms. The final rule expands the availability of the Tax…

Jan. 18, 2019 The OCC named Morris Morgan as its new senior deputy comptroller and chief operating officer. Comptroller Joseph Otting created the COO position as part of structural changes to the agency. Morgan joined the OCC in 1985 and…

Jan. 18, 2019 A new ICBA infographic thanks Congress and President Trump for enacting a strong farm bill that provides stability for the volatile farm sector and incorporates important policies. The infographic on the Agriculture and Nutrition Act of 2018…

Jan. 18, 2019 The Consumer Financial Protection Bureau asked Congress for clear authority to supervise for compliance with the Military Lending Act. In a letter to lawmakers, Director Kathleen Kraninger expressed support for legislation that would grant the CFPB authority…