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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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Agencies encourage end of LIBOR-based contracts

Federal regulators issued a joint statement encouraging banks to cease entering into new contracts that use U.S. dollar LIBOR as a reference rate as soon as practicable and no later than Dec. 31, 2021, to facilitate the transition away from LIBOR.
December 01, 2020 | ICBA NewsWatch Today   Compliance Lending 

Yellen nominated for Treasury secretary

ICBA congratulated Janet Yellen on her nomination to serve as the next Treasury secretary. In a statement, ICBA President and CEO Rebeca Romero Rainey said Yellen understands the vital role of community banks as a former Federal Reserve chair.
December 01, 2020 | ICBA NewsWatch Today  

SBA issues instructions on "loan necessity" questionnaires

The SBA issued to lenders a letter and instructions on the agency's "loan necessity" questionnaire for Paycheck Protection Program loans of $2 million or more.
November 30, 2020 | ICBA NewsWatch Today   Advocacy Crisis Preparedness Lending 

ICBA calling for lame-duck grassroots

ICBA is calling on community bankers to urge Congress to pass much-needed economic stimulus measures during the lame-duck session.
November 30, 2020 | ICBA NewsWatch Today   Crisis Preparedness Lending 

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