communitybanks
Washington, D.C. (March 30, 2023) – Independent Community Bankers of America (ICBA) President and CEO Rebeca Romero Rainey issued the following statement on today’s White House announcement on community banks and the Deposit Insurance Fund. Calls For Community Bank Exemption From Replenishing Deposit Insurance FundQ4 2022 hedge fund letters, conferences and more “The White House policy is in line with this week’s House and Senate testimony from FDIC Chairman Martin Gruenberg that his agency is considering tailoring its pending special assessment and is authorized to consider the types of entit...
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Community Banks Are Frustrated With The CFPB“ICBA and the nation’s community banks are deeply frustrated that the CFPB has finalized a rule that will require community banks to burden millions of their small business customers with invasive questions about their business and livelihood. Q4 2022 hedge fund letters, conferences and more With the finalization of this rule, the Bureau has dramatically exceeded the clear letter of the law and is requiring community banks to collect numerous intrusive data points beyond what Congress mandated, ignoring the concerns we have voiced about data privacy ...
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“Very simply, light dispels darkness. And it doesn’t work the other way,” said Williams, who serves as president and CEO of Century Bank & Trust in Milledgeville, Ga. Q4 2022 hedge fund letters, conferences and more “I find it very comforting and affirming that all the darkness in the world cannot dispel the light of a single candle. … I believe that we as community bankers light up our communities and dispel darkness through compassion, and courage, and commitment. That’s our legacy.” The Unmatched Role Of Community BanksDuring his keynote address, Williams recounted how community banks serve...
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