Advocacy News

E-News 3-22-24 FEDERAL GOVERNMENT RELATIONS FDIC Proposes to Expand Criteria for Bank Merger Evaluations  The Federal Deposit Insurance Corp. board Thursday voted 3-2 to pursue potential changes to how the agency will evaluate bank merger applications, including broadening the number of competitive factors it will take into consideration when deciding whether to approve or deny applications, and requiring a “thorough accounting” of the potential effects on communities, including possible branch closures or relocations.  The FDIC last updated its policy statement on bank mergers in 2008....
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E-News 3-15-24 STATE GOVERNMENT RELATIONS Indiana General Assembly Concludes 2024 Session Indiana lawmakers concluded their 2024 legislative session late in the evening last Friday, March 8. This marks an earlier end to session than the originally scheduled date of March 14. Lawmakers worked at a hectic pace last week brokering final agreements on a variety of legislative proposals. However, a bill must be signed by the governor before it officially becomes law in Indiana. You can track the list of bills that have been sent to Gov. Eric Holcomb and his recent actions on those bills by clicking the link...
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E-News 3-8-24 STATE GOVERNMENT RELATIONS Crouch Announces 14 Communities to Receive Indiana Main Street Designations Lt. Gov. Suzanne Crouch and the Indiana Office of Community and Rural Affairs announced 14 organizations will be provided with a formal certificate, access to Main Street America and Indiana Main Street training, networking opportunities with other regional and statewide programs, a resource toolbox unique to their needs and more. Safety Leaders Highlight Need for Preparedness, Patience during Solar Eclipse Public safety leaders stressed preparedness and patience during the...
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E-News 3-1-24 STATE GOVERNMENT RELATIONS Two IBA Priority Bills Pass Final House Votes House Bill 1284 and Senate Bill 188, two key IBA priority bills, both passed this week on final votes in the House. HB 1284 (Deposit Account Agreements) is legislation that addresses the recent Indiana Supreme Court rulings that created significant challenges to financial institutions as it relates to making ongoing changes to account agreements. SB 188 (Actions on Deposit Accounts) reduces the statute of limitations for actions upon deposit accounts from six years to two years.  HB 1284 required a...
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