Big week for PPP, credit union grassroots

March 24, 2021

With Paycheck Protection Program and credit union issues coming to a head this week in Washington, ICBA is urging community bankers to weigh in with policymakers via its Be Heard grassroots action center.

PPP Extension: The Senate is expected to vote this week on House-passed legislation to extend the PPP ahead of its March 31 expiration. ICBA is urging community bankers to contact their senators in support. Contact Congress here.

CUSOs: Community bankers have until March 29 to submit comment letters opposing an NCUA proposal to expand the powers of credit union service organizations—corporate entities owned by credit unions. Submit comments here.

CU Hearing: Meanwhile, community bankers can join ICBA in calling on Congress to hold a hearing on the credit union tax exemption and acquisitions of community banks. Contact Congress here.