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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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New Same Day ACH window in effect this month

Nacha's new rule allowing Same Day ACH transactions to be submitted to the ACH Network for an additional two hours every business day takes effect on at 4:45 p.m. (Eastern time) Friday, March 19.
March 05, 2021 | ICBA NewsWatch Today   Compliance Payments 

Treasury launches $9B CDFI, MDI program

The Treasury Department opened the application process for the Emergency Capital Investment Program, which will provide $9 billion in capital to Community Development Financial Institutions and Minority Depository Institutions.
March 05, 2021 | ICBA NewsWatch Today   MDI 

CFPB proposes delaying new QM rule

The Consumer Financial Protection Bureau proposed delaying the mandatory compliance date of its general Qualified Mortgage final rule from July 1, 2021, to Oct. 1, 2022.
March 04, 2021 | ICBA NewsWatch Today   Compliance Compliance Mortgage Rules 

SBA issues new PPP rule, applications

The SBA released its new interim final rule and new application forms implementing Paycheck Protection Program changes for sole proprietors and other borrowers that file IRS Form 1040, Schedule C. An SBA webinar on the updates is scheduled for today.
March 04, 2021 | ICBA NewsWatch Today   Advocacy Crisis Preparedness Lending 

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