FRB Proposal to Lower Maximum Interchange Fee

Last week, IBAT filed a comment letter in opposition to the Fed’s proposal to lower the maximum interchange fee for large issuers. In the comment letter, IBAT stressed that...

March 11 Close for Bank Term Funding Program

The Federal Reserve Board’s Bank Term Fund Program (BTFP) – the emergency lending facility set up last year during the March banking crisis – will stop making new loans...

Supporting Close the Shadow Banking Loophole Act

IBAT, alongside numerous other state community banking trade associations, signed a letter to the Chairman of the Senate Banking Committee urging action on legislation to permanently close the industrial...

CFPB Proposes Anti-Overdraft Fee Rule

On Wednesday, January 17, the Consumer Financial Protection Bureau (CFPB) released a proposed rule regarding overdraft fees for large financial institutions with more than $10 billion in assets. Under...

Chittenden Named President and CEO of SWGSB

Following a national search, William T. Chittenden, Ph.D., has been selected as the President and CEO of the Southwestern Graduate School of Banking (SWGSB) Foundation, headquartered at the SMU...

Banks Under Extreme Regulatory Assault

“The banking industry is at war.” This declaration in a recent opinion piece featured in American Banker captures the immediacy of the moment for banks of all sizes, but...

Senate Banking Democrats Release 2024 Priorities

With the Senate convening this week for the first time in 2024, Democrats on the Senate Banking Committee released their 2024 priorities document, which includes issues relevant to community...