Mickey Marshall

VP and Regulatory Counsel at the Independent Community Bankers of America (@ICBA). Primarily focused on CRA, 1033, and fair lending. @GeorgeMasonLaw alum.

[Independent Community Bankers of America @ICBA]

Following the release of the CFPB’s 1071 final rule, we commend the administration for heeding community banker concerns and for making needed improvements to help mitigate the negative impact of small-business data collection and reporting requirements. https://t.co/i5K9fvZH4M

[Mickey Marshall @MickeyDMarshall]

Today, @ICBA published a guide on how credit unions can convert to mutual banks: https://t.co/1fdZF0kNS7.

Converting offers several advantages to credit unions with regards to field of membership and commercial lending limits. But it also levels the playing field from a regulatory and tax perspective.

The NCUA has historically been a barrier to these conversions, but a new rulemaking suggests some openness from the agency to making the conversion process less restrictive, which may increase the number of credit unions interested in conversion.

[Brad Bolton @BradMBolton]

It’s good to have @MickeyDMarshall of @ICBA at the @AuburnU Bank Directors College giving a #OneMission advocacy update on how ICBA continues to protect and advance the #CommunityBank relationship focused model of banking.

[Mickey Marshall @MickeyDMarshall]

We do oppose mergers between very large banks that would create more Too Big To Fail financial institutions. The challenge is that small banks merge too, and are bound by the same set of merger rules.

This is a case where regulators need to do more to differentiate between potentially anti-competitive large mergers and mergers that present no bona fide risk to competition.

[Maxfield on Banks @MaxfieldOnBanks]

If the market were left to its own, we would be experiencing a substantial surge in de novo bank formation. But because the capital requirements to start a bank are so high, we're not benefiting like we ordinarily would from the 2020-21 liquidity surge. If we were smart, we would do what we did in/around 1900, and lower capital requirements.

[Mickey Marshall @MickeyDMarshall]

@Schornack It’s also the only airport I’ve ever been to with multiple restaurants that serve walleye sandwiches.

[Kiah Lau Haslett is a bank reporter (she/her) @khaslett]

... but not if the ICBA and other bank trade groups have anything to say about it. I spoke with @MickeyDMarshall to learn more about the opposition to these charters.

You can read part II of my national crypto trust charter piece here: https://t.co/tFFDdtGoOw

[Mickey Marshall @MickeyDMarshall]

We had a very productive meeting this afternoon with FDIC Chairman Hill and a group of mutual banks to discuss creating clear rules for mutual capital certificates, which will help mutual banks raise tier 1 capital without compromising their mutual ownership.

[Steve Keen @SteveKeen29]

Heads up #CommunityBankers. As requested by @ICBA the @SBA just released a streamlined form to help community banks easily comply with @realDonaldTrump EO on ensuring access to fair banking. Banks under $30 billion can use this form: https://t.co/bF2aNaAnBv #ICBA #CommunityBanks

[Consumer Bankers Association @ConsumerBankers]

Read the latest from CBA, @bankpolicy, @ABABankers, @FSForum, and @ICBA on lawmakers heeding GENIUS Act requirements prohibiting the payment of interest and yield on stablecoins: https://t.co/Qt2oKhdKq2

[Mickey Marshall @MickeyDMarshall]

The national trust bank charter was not intended to be a tool to facilitate stablecoin or cross-border payment businesses. The @USOCC should seek Congressional input and public comment before expanding the charter to novel, non-custodial business models.

[Independent Community Bankers of America @ICBA]

Community banks put customer safety first – protecting deposits and combatting fraud and illegal money laundering. That’s why ICBA is pushing back against a flood of trust‑charter applications from nonbank fintechs offering deposit‑like stablecoin services without FDIC protection or adequate oversight. Read more: https://t.co/37jsNIojJ4

[Independent Community Bankers of America @ICBA]

Customer-owned mutual banks offer a community-focused banking model. More from ICBA's @MickeyDMarshall in the latest #IndependentBanker: https://t.co/DVBTGPyhRt

[Mickey Marshall @MickeyDMarshall]

Feeling optimistic about the future of community banking after a great conversation at the @yuenglingbeer Brewery with @federalreserve Vice Chair Mikki Bowman, @RepMeuser, @RepMackenzie, and a tremendous group of Pennsylvania banks. Thanks to the @PaCommBankers for the invite.

[Mickey Marshall @MickeyDMarshall]

This does not align with the traditional role of national trust banks — providing custodial services.

Broadening trust bank powers to non-custodial services without authorization from Congress and a formal Rulemaking.

[Mickey Marshall @MickeyDMarshall]

Today, @ICBA submitted a letter in opposition to Wise’s national trust bank charter application: https://t.co/OPWBrLpRbG

Wise plans to use this charter to apply for Fed Master Account access to facilitate its cross border payment business.

[Mickey Marshall @MickeyDMarshall]

“Consumers” doesn’t just mean tech savvy millennials and Gen Z in large urban markets. If endless increases to compliance costs force banks in rural markets to merge or close, you’ve only made the problem of banking deserts worse.

Also, let’s not be overly dramatic about the cost to access data — they will be borne by the data recipient rather than the consumer and will be small enough so as to not meaningfully impact the end price the consumer receives.

[Mickey Marshall @MickeyDMarshall]

@Mabiverse123 @AdamRust9 I’m not worried about JPM’s ability to pay for an API or cover the cost of fraud. They’ll be fine. Smaller institutions won’t.

Another layer of regulation without any way to offset the expense is what allows the biggest banks to monopolize the industry.

[Nick Anthony @EconWithNick]

No one has used the postal banking pilot program in nearly three years... https://t.co/LbNvkJ8IoH

[Mickey Marshall @MickeyDMarshall]

@SimplicitasOpes @TimyanBankAlert Jefferson was not keen on dogs as a young man, but after serving as Minister to France in the 1780s he began to keep Briard sheepdogs.

The dog could be the Briard pup that his dog Bergère bore on his trip home from France.

Or it could be another unrelated dog lost to history.

[Mickey Marshall @MickeyDMarshall]

Today’s addition to the bank memorabilia collection is a $5 Monticello Bank banknote from 1860.

Founded in 1853, Monticello Bank was one of the few Virginia banks to survive the Civil War, becoming the Charlottesville National Bank in 1865.