ICBA Newsroom
The ICBA Newsroom collects and centralizes all the NewsWatch Today articles, press releases, blog posts, advocacy letters and other news that impacts community bankers.
ICBA takes on postal banking pilot in press
ICBA continued its pushback against the U.S. Postal Service’s quiet launch of a financial services pilot program to test postal banking.
October 06, 2021 |
ICBA NewsWatch Today
Postal Service Banking
Administration planning crypto charter proposal: report
The Biden administration’s upcoming report on digital assets will include recommendations on imposing bank-like regulation on crypto companies that issue stablecoins, The Wall Street Journal reported.
October 04, 2021 |
ICBA NewsWatch Today
Digital Assets Technology
Minority bank council to Congress: reject IRS reporting plan
ICBA’s Minority Bank Advisory Council continued its opposition to the Biden administration’s proposal to require banks to report customer account information to the IRS.
October 04, 2021 |
ICBA NewsWatch Today
Taxes & Budget
Luetkemeyer leads pushback on 7(a) direct loan proposal
House Small Business Committee Ranking Member Blaine Luetkemeyer (R-Mo.) expressed concerns with ICBA-opposed proposed changes to the SBA 7(a) loan program.
October 04, 2021 |
ICBA NewsWatch Today
Lending
ICBA to Congress: Preserve community bank SBA lending
ICBA called on Congress to reject proposed changes to the SBA 7(a) loan program that would displace community bank SBA lending.
October 01, 2021 |
ICBA NewsWatch Today
Lending Small Business Administration
ICBA offers Cybersecurity Awareness Month resources
With Cybersecurity Awareness Month kicking off today, ICBA is offering community banks various resources to participate.
October 01, 2021 |
ICBA NewsWatch Today
Technology
Public-private partnership key to CBDC: report
A future central bank digital currency system would need to involve both public and private actors to ensure interoperability with the broader payment system, according to new reports from the Bank for International Settlements.
October 01, 2021 |
ICBA NewsWatch Today
Payments
IRS proposal tweaks don’t stop pushback
While policymakers are looking to narrow the ICBA-opposed IRS reporting proposal, ICBA is continuing its campaign urging consumers to speak out against the plan.
September 27, 2021 |
ICBA NewsWatch Today
Taxes & Budget
SBA: PPP portal tops 1M submissions
The SBA said its Paycheck Protection Program Direct Borrower Forgiveness Portal has topped 1 million applications for $17 billion in relief since it launched Aug. 4.
September 27, 2021 |
ICBA NewsWatch Today
Advocacy Crisis Preparedness
ICBA: Congress Cannot Salvage Voter-Opposed IRS Reporting Plan
ICBA President and CEO Rebeca Romero Rainey issues statement on the latest congressional efforts to allow the IRS to collect financial account information from American consumers.
September 24, 2021 |
Press Release
Taxes & Budget
IRS consumer campaign tops 400K messages
ICBA’s campaign urging consumers to speak out against an IRS reporting proposal topped 400,000 consumer messages to members of Congress, with lawmakers continuing to consider the plan.
September 23, 2021 |
ICBA NewsWatch Today
Taxes & Budget
ICBA kicks off ad campaign targeting credit unions
ICBA launched a print and digital advertising campaign on the credit union tax exemption ahead of a key congressional hearing next week.
September 23, 2021 |
ICBA NewsWatch Today
Credit Unions
ICBA launches multi-state credit union ad push
ICBA today is launching a print and digital advertising campaign in key states calling on Congress to investigate the credit union tax exemption and its impact on acquisitions of community banks.
September 22, 2021 |
ICBA NewsWatch Today
Taxes & Budget
Treasury crypto sanctions portend broad regulatory response
Financial regulators on Tuesday began cracking down on cryptocurrency exchanges and laid out significant concerns with digital assets.
September 22, 2021 |
ICBA NewsWatch Today
Payments
FinCEN issues online child sexual exploitation notice
The Financial Crimes Enforcement Network issued a notice on increasing online child sexual exploitation. The notice provides financial institutions with specific suspicious activity report filing instructions and highlights trends.
September 21, 2021 |
ICBA NewsWatch Today
Compliance Cybersecurity
OCC issues proposal on rescinding CRA rule
The OCC formally published its proposal to rescind its June 2020 Community Reinvestment Act rule and replace it with interagency rules adopted in 1995.
September 20, 2021 |
ICBA NewsWatch Today
Compliance CRA
Romero Rainey: Continue IRS reporting push
ICBA President and CEO Rebeca Romero Rainey called on community bankers to continue engaging consumers against a proposal that would require banks to report customer account information to the IRS.
September 17, 2021 |
ICBA NewsWatch Today
Taxes & Budget
Credit union acquisitions demand Washington response: ICBA chairman
With the number of credit union-bank acquisitions passing 100, the time has come for policymakers to examine the credit union tax exemption, ICBA Chairman Robert Fisher writes in a new op-ed.
September 17, 2021 |
ICBA NewsWatch Today
Credit Unions
Grassroots continues against reconciliation tax hikes
Legislative language released this week contains ICBA-opposed tax increases that community bankers can speak out against.
September 16, 2021 |
ICBA NewsWatch Today
Taxes & Budget
Treasury push on IRS reporting shows urgency of ICBA campaign
The Treasury Department and IRS continued pressing Congress to include an ICBA-opposed IRS reporting proposal in the pending budget package—demonstrating the continued need for community bankers to enlist consumers in opposing the plan.
September 16, 2021 |
ICBA NewsWatch Today
Taxes & Budget
Independent Banker
Independent Banker is the award-winning monthly member publication of ICBA. Continually rated the best news source by community bankers, IB provides timely, relevant information and insights to help community banks continue to flourish.
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