Association News

Kenneth Kelly Named MBA 2024 Banker of the Year

LANSING, Mich., — The Michigan Bankers Association has recognized Kenneth Kelly, chairman & CEO of First Independence Bank, as the recipient of the 2024 MBA Banker of the Year award. The MBA Board of Directors honored Kenneth Kelly in recognition of his dedication to the MBA, contributions to the banking industry, the success of First…

Lucas White of Covington to Serve the Nation’s Community Banks

ORLANDO, Fla., — Lucas White, president of The Fountain Trust Co. in Covington, Ind., was elected chairman of the Independent Community Bankers of America for 2024-25. His term began March 17 at the conclusion of the ICBA LIVE national convention in Orlando. “We have the best banking model in the world right here, but every…

ICBA Announces 2024-25 Executive Committee

ORLANDO, Fla., — The Independent Community Bankers of America has announced the election of its 2024-25 Executive Committee during the 2024 ICBA LIVE national convention in Orlando, Fla. As reported above, Lucas White, president of The Fountain Trust Co., in Covington, Ind., was elected ICBA chairman and serves as chairman of the ICBA Executive Committee…

Iowa Finance Authority Honors Lincoln Savings

IFA Lauds Beginning Farmer Loan Programs DES MOINES – The Iowa Finance Authority (IFA) recently announced that Lincoln Savings Bank in Reinbeck has been named the Top Beginning Farmer Lending Institution of 2023 and Assistant Vice President, Nathan Ragsdale, has been named Beginning Farmer Loan Officer of the Year. The awards recognize the lending institution…

ICBA ThinkTECH Showcase Brings the Future of Fintech to the Forefront

ORLANDO, Fla., — The ICBA hosted its ThinkTECH Accelerator showcase during the organization’s national convention, ICBA LIVE. The event highlighted fintech solutions with a focus on small business, data analytics, and compliance, underscoring the crucial role of technology in advancing community bank innovation. “The ThinkTECH Showcase is the culmination of 10 weeks of intense discovery…

ICBA on SEC Final Rule on Climate Disclosures

WASHINGTON, — The ICBA has released the following statement on the recent Securities and Exchange Commission final rule requiring public companies to issue climate-related disclosures. “While ICBA and the nation’s community banks appreciate the SEC’s efforts to change its climate-disclosure rulemaking to provide some ICBA-advocated relief for publicly held community banks, we continue to have…

ICBA on White House Comments on Overdraft, Credit Card Services

WASHINGTON, — The ICBA Phase released the following statement on the White House comments on overdraft and credit card services made prior to the State of the Union address. “ICBA and the nation’s community banks continue to reject the President’s gross mischaracterization of legitimate overdraft protection services and credit card fees for late payments as…

The State Bank is MBA Innovator Of The Year

FENTON, Mich., — The State Bank has been named 2024 Innovator of the Year by the Michigan Banker’s Association. The award recognizes the bank’s dedication to improving financial literacy across the communities it serves through innovative, accessible and impactful financial literacy program. “Financial literacy is a core component of our mission, and these programs are…

FDIC Data: Iowa Banks Finish 2023 with Continued Growth

JOHNSTON, Iowa, — The FDIC data released Thursday shows that banks have adjusted to a challenging interest rate environment and continue to show resiliency in serving their communities. Iowa banks experienced both loan and deposit growth to end the year and expect continued strength in 2024. “Demand for credit traditionally mirrors economic activity in our…

ICBA on CFPB Rulemaking on Credit Card Late Fees

WASHINGTON, — The ICBA has released the following statement on the Consumer Financial Protection Bureau final rule on credit card fees for late payments. “While ICBA and the nation’s community banks are encouraged that the CFPB’s final rule on credit card fees for late payments exempts community banks due to their relationship-based business model, we…