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The ICBA Newsroom collects and centralizes all the NewsWatch Today articles, press releases, Main Street Matters blogs, advocacy letters and other news that impacts community bankers.

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Biden announces student debt forgiveness plan

The Biden administration announced plans to provide up to $20,000 in student debt forgiveness and extended the federal student loan repayment moratorium, first implemented under the Trump administration, through Dec. 31.
August 25, 2022 | ICBA NewsWatch Today   Lending 

USDA announces up to $550M in American Rescue Plan funding

The U.S. Department of Agriculture will provide up to $550 million in funding to support projects that enable underserved producers to access land, capital, and markets, and train the next generation of agricultural professionals.
August 25, 2022 | ICBA NewsWatch Today   Agriculture 

ICBA-CISA cybersecurity exercise next week

With cybersecurity topping community bankers’ list of risk concerns, ICBA has partnered with the Cybersecurity and Infrastructure Security Agency to host two tabletop exercise dates next week designed specifically for community bankers.
August 25, 2022 | ICBA NewsWatch Today   Cybersecurity 

ICBA Opposes FDIC’s One-Size-Fits-All Hike in Deposit Insurance Assessment Rates

The Independent Community Bankers of America (ICBA) today called on the FDIC to reconsider its proposal to dramatically increase the rates banks pay to fund the nation’s deposit insurance system, which would disproportionately affect community banks.
August 19, 2022 | Press Release   Deposit Insurance 

ICBA Urges FDIC to Reject Ford Bank Application

ICBA today called on the FDIC to reject the deposit insurance application of Ford Credit Bank as an industrial loan company, or ILC, which would allow the company to skirt regulatory oversight and violate U.S. policy separating banking and commerce.
August 19, 2022 | Press Release   Lending 

ICBA Announces Close of First BankTech Ventures Investment Fund

The Independent Community Bankers of America (ICBA) announced the closing of the BankTech Ventures Fund, which raised more than $115 million in committed capital in its first fund to accelerate technology opportunities and adoption at community banks.
August 16, 2022 | Press Release   Technology 

ICBA urging comments on deposit insurance assessments

ICBA is calling on community bankers to submit personalized comments to the FDIC opposing its proposal to raise deposit insurance assessment rates by 2 basis points on all insured institutions.
August 15, 2022 | ICBA NewsWatch Today   Deposit Insurance 

House approves spending bill that excludes ICBA-opposed policies

The House passed budget reconciliation legislation that excludes several proposed tax provisions strongly opposed by ICBA.
August 15, 2022 | ICBA NewsWatch Today   Taxes & Budget 

CFPB planning inquiry on credit card interest rates

The Consumer Financial Protection Bureau released a blog post targeting the growing divergence between credit card interest and charge-off rates—and previewing an inquiry into industry practices.
August 15, 2022 | ICBA NewsWatch Today   Compliance 

ICBA Urges Policymakers to Prioritize National Security in New Crypto Rules

The Independent Community Bankers of America (ICBA) told the Treasury Department that policymakers developing new rules for cryptocurrency should prioritize protecting national security amid catastrophic developments in the crypto markets this year.
August 09, 2022 | Press Release   Digital Assets 

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