News
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...
IBAT Takes the Voice of Community Banking to D.C.
Last week, more than 120 Texans stepped up to take the voice of community banking to Capitol Hill. In total, IBAT members met with 28 members or staff of...
IBAT Sues Federal Banking Agencies for CRA Overreach
IBAT joined the Independent Community Bankers of America, Texas Bankers Association, U.S. Chamber of Commerce and others in filing a lawsuit in the Northern District of Texas against the...
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...