ICBA and community bankers have done it again. Congress just passed emergency stimulus legislation that includes ICBA-advocated provisions benefiting community bank customers and communities nationwide.
After months of relentless advocacy by ICBA, community bankers, and even many of your small business customers, we should be extremely proud of our work, which forged these vital policies that will support consumers and small businesses amid the ongoing coronavirus pandemic.
The ICBA-advocated provisions in the stimulus package will:
As the leading PPP lenders and job savers, community banks have once again proven themselves to be financial first responders and advocates of common-sense policies supporting local communities. Through tens of thousands of phone calls and direct messages to your members of Congress, you made your voices heard, community bankers, and once again Washington paid attention.
As a next step, ICBA will work closely with policymakers to implement these policies as quickly as possible. We thank you for all you have done to support these crucial measures and all you continue to do to meet the needs of your communities.
Rebeca Romero Rainey is ICBA president and CEO.
The Independent Community Bankers of America thanked Congress for passing compromise economic stimulus legislation with ICBA-advocated provisions supporting local communities.
Congress is expected to vote this week on legislation designed to provide economic relief for communities, small businesses, families, and individuals affected by the COVID-19 pandemic as well as public health measures.
Congressional leaders announced the outline of a deal for an economic stimulus package and year-end spending bill, with passage expected as soon as today.