Independent Community Bankers of America
Independent Community Bankers of America® One Mission: To create and promote an environment where community banks flourish.
Matt’s Indoor Baseball Facility Pittsburgh, Pa.
Tara and Ryan’s Home Loan Mt. Pleasant, Pa.
Carol’s Pet Resort & Spa Plum, Pa.
Walter’s Fabricating Business New Kensington, Pa.
Tara
5 weeks old
She’s awake!
▷ Assets of $1 billion ▷ 17 offices ▷ Loan Portfolio
• 45% small business • 35% mortgage • 20% consumer
+
White House 2017
White House 2017
Changes coming at most of the key regulatory agencies: • OCC – New Comptroller of the Currency • FDIC – New Chairman • Federal Reserve Board – Three new governors, including the Community Banking Seat
• CFPB – New Director (plus a new five person commission)
ICBA Plan for Prosperity Advancing Provisions from the Plan for Prosperity in the CLEAR Relief Act (H.R. 2133/S. 1002) and Financial CHOICE Act (H.R. 10) include:
• Relief from Basel III capital rules. • Streamlined call reporting requirements. • Relief from expanded HMDA reporting. • True cost-benefit analyses of new regulations. • Exemption from small business loan data gathering. • Ability to repay protection for all portfolio mortgage loans.
Get Involved and Fully Engage Develop a relationship with your members of congress:
• Be Bold • Be Brave • Be Vocal Make it personal—tell your story!
FASB and Current Expected Credit Losses (CECL) ▹ Success – Significant changes made to CECL Standard. ▹ Don’t relax – 2020 will be here before you know it! ▹ Work with accountants and DP provider. ▹ Will need more data for Vintage Year Loan disclosures. ▹ If significant issues arise, contact us. ▹ Transition Resource Group appointee for CECL (we have a seat!)
We believe in making a difference. Community banks registered an 80% satisfaction score in the survey of borrowers!
Support for lawsuit against OCC.
Providing an extra layer of protection from cyber attacks.
Millennials 1980-1999
We believe in making a difference. • Engaging with ICBA and Indiana Bankers Association. • Educating your staff and directors about the issues. • Staying on the cusp of education and innovation. • Educating and promoting your millennial staff.
Our story is almost as old as the nation we serve… • 100+ years: 1,735 members (est. before 1917)
• 125+ years: 500 members (est. before 1892)
• 150+ years: 71 members (est. before 1867)
Ligonier, PA 1913
Independent Community ® Bankers of America One Mission: To create and promote an environment where community banks flourish.
Matt’s Indoor Baseball Facility Pittsburgh, Pa.
Tara and Ryan’s Home Loan Mt. Pleasant, Pa.
Carol’s Pet Resort & Spa Plum, Pa.
Walter’s Fabricating Business New Kensington, Pa.
Tara
5 weeks old
She’s awake!
▷ Assets of $1 billion ▷ 17 offices ▷ Loan Portfolio
• 45% small business • 35% mortgage • 20% consumer
+
White House 2017
White House 2017
Changes coming at most of the key regulatory agencies: • OCC – New Comptroller of the Currency • FDIC – New Chairman • Federal Reserve Board – Three new governors, including the Community Banking Seat
• CFPB – New Director (plus a new five person commission)
ICBA Plan for Prosperity Advancing Provisions from the Plan for Prosperity in the CLEAR Relief Act (H.R. 2133/S. 1002) and Financial CHOICE Act (H.R. 10) include:
• Relief from Basel III capital rules. • Streamlined call reporting requirements. • Relief from expanded HMDA reporting. • True cost-benefit analyses of new regulations. • Exemption from small business loan data gathering. • Ability to repay protection for all portfolio mortgage loans.
Get Involved and Fully Engage Develop a relationship with your members of congress:
• Be Bold • Be Brave • Be Vocal Make it personal—tell your story!
FASB and Current Expected Credit Losses (CECL) ▹ Success – Significant changes made to CECL Standard. ▹ Don’t relax – 2020 will be here before you know it! ▹ Work with accountants and DP provider. ▹ Will need more data for Vintage Year Loan disclosures. ▹ If significant issues arise, contact us. ▹ Transition Resource Group appointee for CECL (we have a seat!)
We believe in making a difference. Community banks registered an 80% satisfaction score in the survey of borrowers!
Support for lawsuit against OCC.
Providing an extra layer of protection from cyber attacks.
Millennials 1980-1999
We believe in making a difference. • Engaging with ICBA and Indiana Bankers Association. • Educating your staff and directors about the issues. • Staying on the cusp of education and innovation. • Educating and promoting your millennial staff.
Our story is almost as old as the nation we serve… • 100+ years: 1,735 members (est. before 1917)
• 125+ years: 500 members (est. before 1892)
• 150+ years: 71 members (est. before 1867)
Ligonier, PA 1913
Independent Community ® Bankers of America One Mission: To create and promote an environment where community banks flourish.
