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.

Raskin withdraws Fed nomination

Mar 16, 2022 | NewsWatch Today
Former Federal Reserve Governor Sarah Bloom Raskin withdrew her nomination for Fed vice chair for supervision.

Stablecoins raise policy questions affecting community banks: blog

Mar 15, 2022
With the growing volume of stablecoins in circulation drawing increased attention from policymakers and the media, a new ICBA blog post provides an update with implications for community bankers.

ICBA testifying tomorrow on PPP

Mar 15, 2022 | NewsWatch Today
ICBA is scheduled to testify before Congress at 10 a.m. (Eastern time) tomorrow, March 16, on community bank leadership in Paycheck Protection Program lending.

CFPB encourages Homeowner Assistance Fund participation

Mar 15, 2022 | NewsWatch Today
The Consumer Financial Protection Bureau encouraged mortgage servicers to sign up for Homeowner Assistance Fund programs to help homeowners avoid foreclosure.

ICBA toolkit offers National Ag Week materials

Mar 14, 2022 | NewsWatch Today
With National Agriculture Day and Week set for next week, ICBA is offering customizable materials community banks can use to celebrate!

FS-ISAC: Global cyber threats to accelerate

Mar 14, 2022 | NewsWatch Today
FS-ISAC said the rapid digitization of the financial services sector has led to an increase in global cyber threats in 2021, specifically cyberattacks targeting third-party suppliers and critical zero-day vulnerabilities.

Omnibus with ICBA-advocated fixes signed into law

Mar 14, 2022 | NewsWatch Today
President Joe Biden signed into law the $1.5 trillion government funding omnibus with ICBA-advocated provisions related to the SBA’s 504 loan program and LIBOR.

U.S., other nations announce new actions against Russia

Mar 14, 2022 | NewsWatch Today
The White House announced a new round of international actions against Russia following the invasion of Ukraine.

ICBA testifying next week on PPP

Mar 11, 2022 | NewsWatch Today
ICBA is scheduled to testify before Congress next week on community bank leadership in Paycheck Protection Program lending.

Senate passes omnibus with ICBA-advocated fixes

Mar 11, 2022 | NewsWatch Today
The Senate passed the $1.5 trillion omnibus to fund the government through Sept. 30 with ICBA-advocated provisions related to the SBA’s 504 loan program, LIBOR, and cyber incident reporting.