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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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FDIC extends comment period on ILC proposal

The FDIC extended the public comment period for its proposed rule regarding industrial banks and industrial loan companies to July 1, 2020.
May 28, 2020 | ICBA NewsWatch Today   Lending 

SBA: Resolve loans marked “research” in PPP portfolios

The Small Business Administration sent out a notice reminding lenders that loans marked with a “research” status in their Paycheck Protection Program portfolios should be reviewed for accuracy and completeness, by 8 p.m. (Eastern time) Thursday, May 28.
May 28, 2020 | ICBA NewsWatch Today  

ICBA comments on FDIC proposal to mitigate deposit-insurance impact of PPP

ICBA commended the FDIC’s proposal to partially mitigate the effects of participating in the Paycheck Protection Program and other emergency programs on deposit-insurance assessments, while calling for additional relief measures.
May 28, 2020 | ICBA NewsWatch Today  

NCUA chief testifies on move benefitting largest credit unions

National Credit Union Administration Chairman Rodney Hood testified on his agency's recent announcement that it is changing its methodology for designating low-income credit unions.
May 14, 2020 | ICBA NewsWatch Today   Credit Unions 

SBA answers questions on PPP loan increases, disbursements

The SBA issued an interim final rule with answers to questions on Paycheck Protection Program loan increases and disbursements as well as 1502 reporting.
May 14, 2020 | ICBA NewsWatch Today   Crisis Preparedness 

ICBA's PPP loan-forgiveness push gaining traction

ICBA's ongoing push for policymakers to provide guidance on Paycheck Protection Program loan forgiveness made headlines in the Financial Times, American Banker, Forbes, Banking Dive, and more.
May 14, 2020 | ICBA NewsWatch Today   Crisis Preparedness 

FDIC proposes mitigating deposit-insurance impact of PPP

The FDIC approved a proposed rule to mitigate the effects of participating in the Paycheck Protection Program and other emergency programs on deposit-insurance assessments.
May 13, 2020 | ICBA NewsWatch Today   Crisis Preparedness 

Agencies: Sound security needed for cloud systems

Security breaches involving cloud computing services highlight the importance of sound security controls and management’s understanding of the shared responsibilities between cloud service providers and their financial institution clients, federal regulators said.
May 01, 2020 | ICBA NewsWatch Today   Cybersecurity 

ICBA revamps COVID-19 resource center

April 27, 2020 | ICBA NewsWatch Today   Crisis Preparedness 

ICBA to Fed: Main Street program should serve Main Street

ICBA told the Federal Reserve it is concerned the agency's Main Street Lending Program excludes small businesses because it has a minimum loan amount of $1 million.
April 17, 2020 | ICBA NewsWatch Today   Lending 

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