Last week, the Federal Deposit Insurance Corporation (FDIC) approved a final rule updating the Federal Deposit Insurance Corporation Improvement Act audit and reporting requirements to account for inflation. Effective...

One impediment to regulatory relief for community banks has long been the lack of empirical evidence demonstrating the extent of the problem—particularly for smaller institutions. A new blog post from the...

Yesterday, IBAT sent a comment letter to Senators Tim Scott (R-SC), Elizabeth Warren (D-MA) and John Kennedy (R-LA) urging the Committee on Banking, Housing and Urban Affairs to pass the STREAMLINE...

In a first-of-its-kind decision, the Office of the Comptroller of the Currency (OCC) has granted “conditional approval” for a national bank charter to Erebor Bank, a de novo bank....

Yesterday, IBAT submitted a comment letter regarding the implementation of the Guiding and Establishing National Innovation for U.S. Stablecoins (GENIUS) Act. The letter is in response to the Department of the...

Yesterday, IBAT submitted a comment letter related to implementation of section 1033 of the Dodd-Frank Wall Street Reform and Consumer Protection Act. The letter is in response to the Consumer Financial...

The Independent Bankers Association of Texas (IBAT) today announced the creation of a groundbreaking consortium of community banks aimed at developing a tokenized deposit network. This initiative seeks to...

After receiving a tremendous amount of pushback and requests for clarification from IBAT and community banks in response to their August 26 letter to over 5,000 lenders, the Small Business Administration...

Yesterday, the Office of the Comptroller of the Currency (OCC) announced several key reforms aimed at addressing regulatory burden for community banks. These actions build upon the OCC’s continued efforts to...