ICBA Newsroom
The ICBA Newsroom collects and centralizes all the NewsWatch Today articles, press releases, blog posts, advocacy letters and other news that impacts community bankers.
Senate taking up PPP extension this week
With the Senate expected to vote this week on House-passed legislation to extend the Paycheck Protection Program, ICBA is urging community bankers to contact their senators in support
March 23, 2021 |
ICBA NewsWatch Today
Advocacy Crisis Preparedness Lending
SBA updates PPP forms to implement changes
The SBA issued updated Paycheck Protection Program application forms that incorporate last week's interim final rule implementing American Rescue Plan Act changes.
March 23, 2021 |
ICBA NewsWatch Today
CFPB reports on debt-collection rule
The Consumer Financial Protection Bureau released its 2020 annual report to Congress on the Fair Debt Collection Practices Act, including public enforcement action details.
March 23, 2021 |
ICBA NewsWatch Today
Compliance
Quarles: Focus on ceasing LIBOR use
While policymakers continue planning for the end of LIBOR, financial firms should focus this year on ending new uses of the benchmark interest rate, Fed Vice Chair for Supervision Randal Quarles said in a speech.
March 23, 2021 |
ICBA NewsWatch Today
SBA opening shuttered venue grant applications April 8
The SBA launched an online portal to receive Shuttered Venue Operators Grant applications when the application period begins April 8. The program offers $16 billion in grants for eligible live venues.
March 22, 2021 |
ICBA NewsWatch Today
Advocacy Crisis Preparedness Lending
ICBA urging grassroots on rural lending tax relief
With National Agriculture Week running through Friday, ICBA is calling on community bankers to advocate support for newly reintroduced legislation to exempt from taxation interest income on farm real estate and rural mortgage loans.
March 22, 2021 |
ICBA NewsWatch Today
Agriculture
Senate bill would expand credit union lending authority
ICBA-opposed legislation designed to expand credit union lending authority was introduced in the Senate.
March 19, 2021 |
ICBA NewsWatch Today
Credit Unions
ICBA-backed cannabis banking safe harbor reintroduced
ICBA expressed support for newly reintroduced bipartisan legislation to establish a safe harbor for financial institutions that serve cannabis-related businesses in states where cannabis is legal.
March 19, 2021 |
ICBA NewsWatch Today
Cannabis banking
New Nacha rules take effect today
Two new Nacha rules take effect today on Same Day ACH and account validation.
March 19, 2021 |
ICBA NewsWatch Today
Compliance
FS-ISAC Coronavirus Update, March 19, 2021
Covid-19 cases are rising by more than 10% in 14 states this week compared to last week, with half of those states rising by more than 20%, and while nationally the number of new cases has continued to decline the trend is not down for all states.
March 19, 2021 |
News
Advocacy Operational Risk Crisis Preparedness
CISA issues tool for detecting threat activity
The Cybersecurity and Infrastructure Security Agency released a forensics collection capability to help detect activity related to the supply chain compromises affecting SolarWinds and Active Directory/Microsoft 365.
March 19, 2021 |
ICBA NewsWatch Today
Cybersecurity
90M EIPs disbursed this week
The Treasury Department and IRS said they disbursed roughly 90 million Economic Impact Payments this week.
March 18, 2021 |
ICBA NewsWatch Today
Advocacy Crisis Preparedness Lending
ICBA urging grassroots outreach on PPP reform
ICBA is urging community bankers to use its Be Heard grassroots action center to urge their members of Congress to make needed changes to the Paycheck Protection Program if it is extended beyond March 31.
March 18, 2021 |
ICBA NewsWatch Today
Advocacy Crisis Preparedness Lending
ICBA Supports Bill to Establish Cannabis Banking Safe Harbor
The Independent Community Bankers of America today expressed support for bipartisan legislation that would establish a safe harbor from federal sanctions for financial institutions that serve cannabis-related businesses in states where cannabis is legal.
March 18, 2021 |
Press Release
Cannabis banking
ICBA backs bill offering rural lending tax relief
ICBA expressed support for legislation to exempt from taxation interest income on farm real estate and rural mortgage loans.
March 18, 2021 |
ICBA NewsWatch Today
Agriculture USDA Farm Loan Programs
FS-ISAC Coronavirus Update, March 18, 2021
Approximately 90 million stimulus checks have been disbursed to Americans, the Department of Treasury, Internal Revenue Service, and the Bureau of the Fiscal Service announced Wednesday, totaling over $242 billion in payments.
March 18, 2021 |
News
Advocacy Operational Risk Crisis Preparedness
ICBA Supports Bill Offering Tax Relief for Rural Lending
The Independent Community Bankers of America today said it strongly supports the Enhancing Credit Opportunities in Rural America Act to support farmers, ranchers and rural homeowners.
March 17, 2021 |
Press Release
Agriculture Rural Development
House passes PPP extension with Senate outlook in question
The House voted 415-3 to pass ICBA-supported legislation to extend the Paycheck Protection Program, though the Senate outlook remains unclear.
March 17, 2021 |
ICBA NewsWatch Today
Advocacy Crisis Preparedness Lending
EIPs start depositing today
The first tranche of new Economic Impact Payments sent through the ACH Network is effective today. In a joint statement, ICBA and other financial services groups clarified that the March 17 payment date was chosen by the IRS—not the banking industry.
March 17, 2021 |
ICBA NewsWatch Today
Advocacy Crisis Preparedness Lending
FS-ISAC Coronavirus Update, March 17, 2021
Nearly 111 million doses of Covid-19 vaccine have been administered in the US, according to data published Tuesday by the US Centers for Disease Control and Prevention.
March 17, 2021 |
News
Advocacy Operational Risk Crisis Preparedness
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