“PAVE” report outlines pathway to homeownership equity

Mar 24, 2022 | NewsWatch Today
The Administration announced the release of its Interagency Task Force on Property Appraisal and Valuation Equity report designed to address racial and ethnic bias in the home appraisal process.

Nation’s Community Bankers Meet in Washington for ICBA Capital Summit

Mar 24, 2022 | Press Release
ICBA to host hundreds of community bank leaders during the 2022 ICBA Capital Summit May 1-4 in the nation’s capital.

OCC reports mortgage performance improvement

Mar 23, 2022 | NewsWatch Today
The OCC said the performance of first-lien mortgages in the federal banking system improved during the fourth quarter of 2021.

CFPB issues guidance targeting review fraud

Mar 23, 2022 | NewsWatch Today
The CFPB’s guidance describes certain business practices related to customer reviews that are generally unlawful under the Consumer Financial Protection Act.

Cyber officials: Be on alert for Russian cyberattack

Mar 23, 2022 | NewsWatch Today
Federal cybersecurity officials called on U.S. critical infrastructure to be prepared to defend against a possible Russian state-sponsored cyberattack.

Summary of SBA Plan to Claw Back Pandemic-Era 7(a) Program Mispayments

Mar 23, 2022 | News
The Small Business Administration recently disclosed that it will directly contact more than 1,000 lenders after it potentially made erroneous 7(a) program payments to borrowers under Section 1112 of the CARES Act. Ultimately, the SBA’s plan is to work with lenders to claw back the Section 1112 program mispayments, which do not involve either the Paycheck Protection Program or SBA’s 504 loan program

CISA stakeholder call on Russia-Ukraine conflict today

Mar 22, 2022 | NewsWatch Today
The Cybersecurity and Infrastructure Security Agency is hosting an unclassified stakeholder call today to address the U.S. homeland impact of the Russia-Ukraine conflict.

ICBA and Community Banks Celebrate America’s Ag Community

Mar 22, 2022 | Press Release
ICBA and the nation’s community banks celebrate America’s local farmers, ranchers and agricultural enterprises during National Ag Day.

What interest rate hikes mean for community banks

Mar 18, 2022
With the Federal Reserve voting this week to raise target interest rates, a new ICBA blog post details what the move means for community banks and the communities they serve.

ICBA summary details executive order on digital assets

Mar 18, 2022
ICBA released a summary of President Joe Biden’s executive order on digital assets and what it means for the nation’s community banks.

FS-ISAC offers Russia-Ukraine cyber update

Mar 18, 2022 | NewsWatch Today
The Financial Services Information Sharing and Analysis Center’s latest weekly risk summary report offers the latest on the Russo-Ukraine conflict, including a joint advisory on Russian state-sponsored cyber actors.

Bolton: Tax-subsidized credit union acquisitions demand Washington response

Mar 18, 2022 | NewsWatch Today
The resurgence of tax-exempt credit union acquisitions of community banks during the first part of 2022 is posing new threats to underserved communities, ICBA Chairman Brad Bolton writes in a new op-ed on LinkedIn.

ICBA testifies on harm of SBA direct lending

Mar 17, 2022
ICBA told Congress that community banks are critical to the success of Small Business Administration lending programs, which should not be undermined by instituting direct SBA lending under its 7(a) program.

Bolton: Tax-subsidized credit union acquisitions demand Washington response

Mar 17, 2022 | NewsWatch Today
The resurgence of tax-exempt credit union acquisitions of community banks during the first part of 2022 is posing new threats to underserved communities, ICBA Chairman Brad Bolton writes in a new op-ed on LinkedIn.

CFPB expands anti-discrimination oversight under UDAAP authority

Mar 17, 2022 | NewsWatch Today
The Consumer Financial Protection Bureau said it is expanding its “anti-discrimination efforts” beyond credit products to counter discriminatory practices “across the board in consumer finance.”

ICBA Summary of President Biden’s Executive Order on Digital Assets

Mar 16, 2022 | News
On March 9, 2022, President Joe Biden signed an executive order that outlines the administration’s strategy to address cryptoasset risks, develop a framework to promote responsible innovation and competition with digital assets, and conduct more research on the potential impacts of a digital dollar.

ICBA to Congress: SBA Direct Lending Would Undermine Successful Programs

Mar 16, 2022 | Press Release
ICBA today told Congress that community banks are critical to the success of Small Business Administration lending programs, which should not be undermined by instituting direct SBA lending under its 7(a) program.

ICBA testifying today on PPP, other SBA programs

Mar 16, 2022 | NewsWatch Today
ICBA is scheduled to testify before Congress at 10 a.m. (Eastern time) today on community bank leadership in lending under the Paycheck Protection Program and other Small Business Administration programs.

Biden signs omnibus with ICBA-advocated fixes

Mar 16, 2022 | NewsWatch Today
President Joe Biden formally signed into law the $1.5 trillion government funding omnibus with ICBA-advocated provisions related to the SBA’s 504 loan program and LIBOR.

FDIC rescinds pandemic-era Part 363 reporting relief

Mar 16, 2022 | NewsWatch Today
The FDIC rescinded guidance providing coronavirus-affected financial institutions extra time to file annual reports under Part 363 of the agency's regulations.