FS-ISAC Coronavirus Update, March 11, 2021

Mar 11, 2021 | Coronavirus Update
President Joe Biden announced he is directing the Department of Health and Human Services to purchase an additional 100 million doses of the Johnson & Johnson Covid-19 vaccine. With that, the country is now on track to have enough vaccine for every adult by the end of May.

New York State Banker Elected ICBA Chairman​

Mar 10, 2021 | Press Release
Robert M. Fisher, president and CEO of Tioga State Bank in Spencer, N.Y., was elected chairman of the Independent Community Bankers of America for 2021-22.

ICBA Announces 2021-22 Executive Committee

Mar 10, 2021 | Press Release
The Independent Community Bankers of America today announced the election of its 2021-22 Executive Committee in conjunction with ICBA Connect, a virtual community banking event.

New ICBA Chairman to Community Banks: Get Engaged to Drive Positive Change

Mar 10, 2021 | Press Release
Incoming ICBA Chairman Robert Fisher encouraged community banks attending ICBA Connect to exercise their political capital — gained through dedicated service to customers and communities — to help enact meaningful policies that benefit local communities.

FinCEN issues AML notice on art, antiquities

Mar 10, 2021 | NewsWatch Today Article
The Financial Crimes Enforcement Network issued a notice on Anti-Money Laundering Act of 2020 requirements related to antiquities and arts.

CFPB: sex discrimination prohibitions apply to sexual orientation, gender identity

Mar 10, 2021 | NewsWatch Today Article
The Consumer Financial Protection Bureau issued an interpretive rule clarifying that the prohibition against sex discrimination under the Equal Credit Opportunity Act and Regulation B includes discrimination related to sexual orientation and gender identity.

ICBA to Congress: Don't Leave PPP Applicants Stranded

Mar 10, 2021 | Press Release
The approaching Paycheck Protection Program expiration date should not leave small businesses or nonprofits stranded, the Independent Community Bankers of America today told Congress.

FS-ISAC Coronavirus Update, March 10, 2021

Mar 10, 2021 | Coronavirus Update
About 93.7 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, about 76% of the 123,232,775 doses delivered and around 1.6 million more since yesterday.

ICBA showcases new PPP videos at ICBA Connect

Mar 10, 2021 | NewsWatch Today Article
Available on banklocally.org and featuring representatives from Tioga State Bank, Bank of Idaho, and M&F Bank, new videos from ICBA feature discussions on the role of community banks in local economies with a focus on their PPP leadership.

Joint rule supports Treasury program for CDFIs, MDIs

Mar 10, 2021 | NewsWatch Today Article
Federal bank regulators issued an interim final rule that supports the Treasury Department’s Emergency Capital Investment Program, which will provide $9 billion in capital to Community Development Financial Institutions and Minority Depository Institutions.

ICBA summarizes stimulus plan

Mar 10, 2021 | NewsWatch Today Article
ICBA released a summary of the $1.9 trillion American Rescue Plan Act (H.R. 1319), which Congress is expected to pass this week.

ICBA: GSE liquidity plan aligns with capital framework

Mar 10, 2021 | NewsWatch Today Article
ICBA said it agrees with the Federal Housing Finance Agency's approach to proposed liquidity requirements for Fannie Mae and Freddie Mac.

Agencies update CRA FAQs

Mar 9, 2021 | NewsWatch Today Article
Federal regulators issued new frequently asked questions to help financial institutions and examiners determine Community Reinvestment Act consideration related to the COVID-19 pandemic.

ICBA’s Romero Rainey: We Are More Powerful Collectively When We are Empowered Individually

Mar 9, 2021 | Press Release
ICBA President and CEO Rebeca Romero Rainey today reminded community bankers attending ICBA Connect that every challenge is an opportunity to leverage their collective strength, advance policy priorities, and be a unifying force that benefits local communities nationwide.

ICBA Kicks off 2021 National Convention

Mar 9, 2021 | Press Release
Starting today, community bankers and industry leaders from across the nation will convene for the 2021 Independent Community Bankers of America national convention.

CISA urges Microsoft Exchange patching against vulnerability

Mar 8, 2021 | NewsWatch Today Article
The Cybersecurity and Infrastructure Security Agency urged public and private sector partners to follow its emergency directive on the Microsoft Exchange widespread vulnerability affecting on-premises deployments.

ICBA Connect is Here!

Mar 8, 2021 | ICBA Connect Articles
The ICBA Connect event site is ready! Prepare yourself by logging in now and taking a spin around the site to familiarize yourself with it, so you’re ready to go.

ICBA: Ensure SBA clears all PPP loans on hold

Mar 8, 2021 | NewsWatch Today Article
ICBA and other financial groups called on policymakers to ensure the SBA clears the thousands of Paycheck Protection Program loan applications in process through the end of March.

Fed includes women's depository institutions in MDI definition

Mar 8, 2021 | NewsWatch Today Article
The Federal Reserve expanded the definition of minority depository institutions to include women-owned financial institutions.

Key takeaways on new PPP rule

Mar 5, 2021 | NewsWatch Today Article
ICBA offers the following community bank takeaways on this week's SBA interim final rule, frequently asked questions, updated application forms, and webinar implementing Paycheck Protection Program changes for IRS Form 1040, Schedule C filers.