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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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'Beneficial owner' reform included in defense bill set for final vote

ICBA-advocated legislative language to provide relief from "beneficial ownership" disclosure mandates is included in compromise spending legislation headed to a final congressional vote.
December 04, 2020 | ICBA NewsWatch Today   BSA/AML 

ICBA pushes PPP expense deductibility

ICBA and more than 500 other groups called on Congress to pass a technical correction amending the CARES Act to explicitly provide that PPP loan-forgiveness funds that cover business expenses are tax deductible.
December 04, 2020 | ICBA NewsWatch Today  

Scott, Thompson set to take over House Ag Committee

Rep. David Scott (D-Ga.) will be the next House Agriculture Committee chairman after winning the vote of the House Democratic Caucus.
December 04, 2020 | ICBA NewsWatch Today   Agriculture 

Community bank net income rises 10%: FDIC

Community bank net income increased 10 percent in the third quarter from the same time last year, according to the FDIC's Quarterly Banking Profile.
December 02, 2020 | ICBA NewsWatch Today  

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