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The ICBA Newsroom collects and centralizes all the NewsWatch Today articles, press releases, blog posts, advocacy letters and other news that impacts community bankers.

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Event on LIBOR transition next week

The Alternative Reference Rates Committee said it is holding an event next week on the impact of the transition from LIBOR to the Secured Overnight Financing Rate on the derivatives market.
June 01, 2021 | ICBA NewsWatch Today   Lending 

ICBA updates data privacy guide

ICBA this week released an updated guide for community banks on data privacy laws and regulations. The guide is available here and in the Cyber and Data Security Mitigation section of ICBA’s Operational Risk resource center.
May 28, 2021 | ICBA NewsWatch Today   Cybersecurity 

CFPB: Manufactured housing borrowers have higher interest rates

Roughly 42 percent of loans for manufactured homes are secured by “chattel” loans secured by the home but not the land, according to a report from CFPB.
May 28, 2021 | ICBA NewsWatch Today   Compliance 

Remove GSE product restrictions: ICBA, minority bank council

ICBA and its Minority Bank Advisory Council this week urged the Treasury Department and Federal Housing Finance Agency to reopen negotiations over the Preferred Stock Purchase Agreements for Fannie Mae and Freddie Mac.
May 28, 2021 | ICBA NewsWatch Today   MDI Housing Finance/GSEs 

ICBA urges House to oppose ‘true lender’ repeal

ICBA and other groups today are urging House members to oppose a Senate-passed resolution to repeal the OCC’s “true lender” rule.
May 25, 2021 | ICBA NewsWatch Today   Lending 

ICBA releases new banklocally.org video

ICBA released its latest video in a series on how community banks have partnered with small businesses during the pandemic to help them navigate the Paycheck Protection Program.
May 25, 2021 | ICBA NewsWatch Today   Advocacy 

USDA to begin paying off direct loans to minority farmers

The USDA announced the initial phase of plans to pay off USDA direct loans to socially disadvantaged (SDA) farmers and ranchers. It will subsequently announce its process for paying off guaranteed loans.
May 24, 2021 | ICBA NewsWatch Today   Agriculture 

Voting open for People's Choice Award videos

Community bankers can now vote on ICBA’s National Community Bank Service Awards People's Choice Award videos.
May 24, 2021 | ICBA NewsWatch Today   Advocacy 

OCC finalizes rule on collective investment funds

The OCC finalized a rule applicable to national banks and federal savings associations administering a collective investment fund invested primarily in real estate or other assets that are not readily marketable.
May 24, 2021 | ICBA NewsWatch Today   Compliance 

Treasury proposes crypto tax reporting requirements

The Treasury Department proposed tax reporting requirements on cryptocurrencies in a new report on the administration’s American Families Plan.
May 21, 2021 | ICBA NewsWatch Today   Digital Assets Technology 

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