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The ICBA Newsroom collects and centralizes all the NewsWatch Today articles, press releases, blog posts, advocacy letters and other news that impacts community bankers.

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Supporting Economic Recovery with Credit Card Rewards Programs

To everything there is a season, or so the market shows via today’s rebounding economic environment. Anxieties around the pandemic have dipped, leading to changing consumer behaviors.
July 06, 2021 | Payments Quarterly  

Treasury again extends MDI, CDFI program

The Treasury Department will again extend the deadline to submit applications under its program to invest $9 billion in Minority Depository Institutions (MDIs) and Community Development Financial Institutions.
July 06, 2021 | ICBA NewsWatch Today   MDI 

FHFA issues fair lending policy statement

The Federal Housing Finance Agency issued a policy statement on its commitment to comprehensive fair lending oversight of Fannie Mae, Freddie Mac, and the Federal Home Loan Banks.
July 02, 2021 | ICBA NewsWatch Today   Compliance FHLB 

Nominations open for Best Community Banks to Work For awards

ICBA’s Independent Banker magazine opened nominations for its 2021 Best Community Banks to Work For awards.
July 02, 2021 | ICBA NewsWatch Today  

Fed to launch CECL tool for community banks

The Federal Reserve said it will release a new tool this month to help community banks implement the Current Expected Credit Losses accounting standard.
July 02, 2021 | ICBA NewsWatch Today   CECL Audit 

Banking on minority-owned businesses

Four community banks came together to launch a $1 million interest-free loan program to help local business owners who have faced barriers to the traditional banking system.
July 01, 2021 | Independent Banker   Advocacy 

How cryptocurrency may be going mainstream

Beyond all the hype, cryptocurrency has unequivocally gained a loyal following, and mainstream financial players are taking notice. Is it time community banks got involved in crypto? One community bank has found its entry to the market.
July 01, 2021 | Independent Banker   Payments 

Your 2021 physical security assessment checklist

While social distancing measures may be eased in many areas, they’ve had a large effect on branch security over the past year. Here’s what to look for when doing a physical security assessment to account for the latest trends in customer—and criminal—behavior.
July 01, 2021 | Independent Banker   Compliance 

What’s a special-purpose credit program?

In an effort to help financial institutions expand access to credit, the CFPB recently addressed regulatory uncertainty around special-purpose credit programs, or SPCPs. These programs are intended to help those who would not otherwise have access to credit.
July 01, 2021 | Independent Banker   Compliance Lending 

Why community banks are acquiring nonbanks

Acquiring a wealth management firm, fintech, title business or other nonbank organization can unlock new opportunities for community banks. These acquisitions can add new revenue generators, specialized employees and other assets to a community bank in place of organic growth. But experts say that finding the right business to acquire can be tricky.
July 01, 2021 | Independent Banker   Growing the Community 

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