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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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ICBA testifies: Don't leave PPP applicants stranded

The approaching Paycheck Protection Program expiration date should not leave small businesses or nonprofits stranded, ICBA community banker Alice P. Frazier told the House Small Business Committee
March 11, 2021 | ICBA NewsWatch Today   Advocacy Crisis Preparedness Lending 

Congress approves stimulus plan

ICBA released a summary of the $1.9 trillion American Rescue Plan Act (H.R. 1319), which Congress passed and President Joe Biden is expected to sign into law soon.
March 11, 2021 | ICBA NewsWatch Today   Advocacy Crisis Preparedness Lending 

Joint rule supports Treasury program for CDFIs, MDIs

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.
March 10, 2021 | ICBA NewsWatch Today   MDI 

ICBA: GSE liquidity plan aligns with capital framework

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

FinCEN issues AML notice on art, antiquities

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

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

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.
March 10, 2021 | ICBA NewsWatch Today   Compliance 

ICBA showcases new PPP videos at ICBA Connect

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.
March 10, 2021 | ICBA NewsWatch Today   Advocacy Crisis Preparedness Lending 

ICBA summarizes stimulus plan

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

Agencies update CRA FAQs

Federal regulators issued new frequently asked questions to help financial institutions and examiners determine Community Reinvestment Act consideration related to the COVID-19 pandemic.
March 09, 2021 | ICBA NewsWatch Today   Compliance 

ICBA: Ensure SBA clears all PPP loans on hold

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.
March 08, 2021 | ICBA NewsWatch Today   Advocacy Crisis Preparedness Lending 

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