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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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Fed proposes standards for accessing Fed accounts, payments system

The Federal Reserve Board proposed guidelines for evaluating requests for accounts with the Fed and access to the payments system, as advocated by ICBA.
May 06, 2021 | ICBA NewsWatch Today   Payments 

IRS issues another 1.1M EIPs

The IRS said it is disbursing another 1.1 million Economic Impact Payments in the eighth batch under the American Rescue Plan.
May 06, 2021 | ICBA NewsWatch Today   Crisis Preparedness Lending 

Postal banking won’t deliver: letter

While increasing financial inclusion and improving U.S. Postal Service financial stability are worthy goals, postal banking would accomplish neither, Pennsylvania Association of Community Bankers President and CEO Kevin L. Shivers wrote.
May 05, 2021 | ICBA NewsWatch Today   Postal Service Banking 

PPP general fund exhausted

The Paycheck Protection Program’s general fund was reportedly exhausted Tuesday ahead of the program’s May 31 authorization, though some PPP funds remain for certain loans and lenders.
May 05, 2021 | ICBA NewsWatch Today   Crisis Preparedness Lending 

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