Christina Bennett retires from IBA after 35 years
Education Dept. reorganizing; 2 hired for Advocacy team INDIANAPOLIS,—Christina M. Bennett has retired from the Indiana Bankers Association. Bennett started with the Association in 1990 as a member of the government relations team. She later shifted to the education department, working her way up to vice president-meetings & events. She also served as corporate secretary…
ICBA Testifies on Helping Community Banks Fight Fraud
WASHINGTON,—The ICBA has testified before Congress on legislative and regulatory recommendations to help community banks combat fraud and scams. Testifying before the House Financial Services Committee’s Subcommittee on Financial Institutions, Gay G. Dempsey—the CEO of Bank of Lincoln County in Fayetteville, Tenn.—said the fraud problem is urgent and must be fought through coordination among financial…
Fed Proposal Marks Progress in Improving Stress Test Transparency
WASHINGTON,—The Federal Reserve’s stress test proposal is an encouraging step toward transparency, but further changes would help the agency more fully realize its goal of a more objective process that aligns capital charges with risk, a group of trade associations said in a comment letter. The associations joining the letter were the American Bankers Association,…
ICBA Lauds Ag Committee on Passing Farm Bill
WASHINGTON,—The Independent Community Bankers of America has congratulated the House Agriculture Committee on advancing a new farm bill on a 34-17 vote. “ICBA and the nation’s community banks support passage of the farm bill with further modifications to help ensure farmers and ranchers and the community banks that serve them have a robust set of…
ABA Urges Stronger Safeguards, Clearer Rules for Charter Applicants
WASHINGTON,—In a comment letter the American Bankers Association has urged the Office of the Comptroller of the Currency to uphold strong safety and soundness standards, increase transparency in the chartering process, and move cautiously as new regulatory frameworks develop. The letter, submitted in response to the OCC’s National Bank Chartering Notice of Proposed Rulemaking, also…
ABA Urges Protection of U.S. Payments System
WASHINGTON,—The American Bankers Association has reiterated its strong view that any steps to broaden access to the Fed’s payment services must be carefully designed to protect the integrity and resilience of the U.S. payments system. In its comment letter, ABA emphasized that full-service Master Accounts must remain reserved for institutions with federal banking supervision, federally…
David M. Findlay Named Chairman of the Indiana Bankers Association
WARSAW, Ind.,—David M. Findlay, Lake City Bank Chairman and Chief Executive Officer, has been named Chairman of the Indiana Bankers Association Board of Directors for 2026. ”The Indiana Bankers Association is one of the premier state banking associations in the country thanks to an engaged membership and an exceptional leadership team at the IBA. The…
Kari Solomonson Receives WBA 40-Year Lifetime Service Award
WAUSAU, Wis.,—Kari Solomonson of Peoples State Bank in Wausau was honored with a Wisconsin Bankers Association Lifetime Achievement Award to celebrate her four decades in the banking industry. Colleagues and family members were at the Stewart Avenue branch during the award ceremony. “Reaching 40 years in banking is a remarkable achievement,” said Wisconsin Bankers Association…
Community Banks Urge Congress to Reject Durbin-Marshall Mandates
WASHINGTON,—The ICBA has expressed strong opposition to the Durbin-Marshall credit card mandates, warning the proposal would harm consumers, small businesses, and community financial institutions while delivering a windfall to the nation’s largest retailers. The ICBA cautioned that the bill would expand the failed Durbin routing requirements to credit cards, a move that history shows does…
Proposed 10% Credit Card Rate Cap Would Result in Chaos
WASHINGTON,—New data from credit card issuers accounting for roughly 75% of the market shows that a proposed 10% federal credit card interest rate cap would significantly reduce access to credit for millions of consumers nationwide, and even those with good credit scores who pay their bills on time will be affected by the rate cap….