May 17 — In a comment letter, the Independent Community Bankers of America called on the National Credit Union Administration to withdraw its proposal to allow tax-subsidized credit unions to issue alternative capital. In the letter, ICBA said the captive regulator’s plan would put the financial system and taxpayers at increased risk solely to further expand the activities of credit unions beyond the limits justified by their tax exemption.
Association Updates - Page 2
May 16 — The Independent Community Bankers of America’s Community Banker University launched the Compliance Vault, a new subscription-based repository that addresses the most frequently asked compliance-related questions from community bankers. (more…)
May 11 – Aided by results of a far-reaching survey, the Nebraska Bankers Association mapped out the road ahead in a dramatically changing industry at the recent annual convention in Omaha. (more…)
May 12 – The Independent Community Bankers of America (ICBA) has delivered to the Treasury Department a comprehensive white paper to bolster economic and job growth through tiered and proportionate community banking regulations. “Community Bank Regulatory Relief: A Roadmap to Economic Growth and Prosperity” outlines ICBA’s plan to modernize regulations on community banks so they can continue fostering economic recovery in communities of all sizes across the country.
May 8 – The National Retail Federation has called on the House Financial Services Committee to reject efforts to repeal debit card swipe fee reform as it considers approval of the Financial Choice Act.
May 2 — Camden R. Fine, the longtime president and CEO of the Independent Community Bankers of America, announced his plans to retire in May 2018. The announcement came at the 2017 ICBA Capital Summit. Rebeca Romero Rainey, ICBA’s immediate past chairman, was named as Fine’s successor.
May 1 – The Independent Bankers Association of Texas — the largest state community banking association in the nation — is hosting its 25th Annual Congressional Visit, May 2-4, in Washington, D.C. More than 115 Texas community bankers and industry advocates will travel to our nation’s capital to make their voices heard with key decision makers, including elected officials and regulators.
May 1 – The credit card market continued to expand in last year’s fourth quarter, with a solidifying labor market and rising wages driving steady year-over-year growth in monthly purchase volumes, according to the American Bankers Association’s latest Credit Card Market Monitor. The gains occurred across subprime (up 5.1 percent), prime (up 8.5 percent), and super-prime (up 9.7 percent) risk tiers. (more…)
April 17 – Golden Valley Bank, headquartered in Chico, Calif., has announced that their president and CEO, Mark Francis, was awarded Community Banker of the Year by Western Independent Banker (WIB). WIB is a trade association that informs, educates and connects community banks to achieve the highest standards of personal and organizational performance. They represent 13 western states in the U.S.: Alaska, Arizona, California, Colorado, Hawaii, Idaho, Montana, Nevada, New Mexico, Oregon, Utah, Washington, Wyoming and U.S. territories.
April 13 – Two-thirds of adults (62 percent) consider their own financial literacy to be good or excellent, according to a new survey conducted for the American Bankers Association. However, their perception of the average American isn’t quite as favorable. Only 29 percent of respondents perceive the average American’s financial literacy as good or excellent. Reality falls somewhere in between.