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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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ICBA updates data privacy guide

ICBA this week released an updated guide for community banks on data privacy laws and regulations. The guide is available here and in the Cyber and Data Security Mitigation section of ICBA’s Operational Risk resource center.
May 28, 2021 | ICBA NewsWatch Today   Cybersecurity 

CFPB: Manufactured housing borrowers have higher interest rates

Roughly 42 percent of loans for manufactured homes are secured by “chattel” loans secured by the home but not the land, according to a report from CFPB.
May 28, 2021 | ICBA NewsWatch Today   Compliance 

Remove GSE product restrictions: ICBA, minority bank council

ICBA and its Minority Bank Advisory Council this week urged the Treasury Department and Federal Housing Finance Agency to reopen negotiations over the Preferred Stock Purchase Agreements for Fannie Mae and Freddie Mac.
May 28, 2021 | ICBA NewsWatch Today   MDI Housing Finance/GSEs 

ICBA, Minority Bank Council: Housing Finance Amendments Hurt Low-Income, Minority Borrowers

ICBA and its Minority Bank Advisory Council urged the Treasury Department and Federal Housing Finance Agency to reopen negotiations over amendments to the Preferred Stock Purchase Agreements for Fannie Mae and Freddie Mac that would limit purchases of certain types of loans.
May 27, 2021 | Press Release   MDI Housing Finance/GSEs 

ICBA urges House to oppose ‘true lender’ repeal

ICBA and other groups today are urging House members to oppose a Senate-passed resolution to repeal the OCC’s “true lender” rule.
May 25, 2021 | ICBA NewsWatch Today   Lending 

ICBA releases new banklocally.org video

ICBA released its latest video in a series on how community banks have partnered with small businesses during the pandemic to help them navigate the Paycheck Protection Program.
May 25, 2021 | ICBA NewsWatch Today   Advocacy 

FS-ISAC Coronavirus Update, May 24, 2021

A new study conducted between April and May led by Public Health England has found that two doses of either the Pfizer-BioNTech or AstraZeneca-University of Oxford vaccine gives effective protection against the Covid variant first discovered in India.
May 24, 2021 | News   Advocacy Operational Risk Crisis Preparedness 

USDA to begin paying off direct loans to minority farmers

The USDA announced the initial phase of plans to pay off USDA direct loans to socially disadvantaged (SDA) farmers and ranchers. It will subsequently announce its process for paying off guaranteed loans.
May 24, 2021 | ICBA NewsWatch Today   Agriculture 

Voting open for People's Choice Award videos

Community bankers can now vote on ICBA’s National Community Bank Service Awards People's Choice Award videos.
May 24, 2021 | ICBA NewsWatch Today   Advocacy 

OCC finalizes rule on collective investment funds

The OCC finalized a rule applicable to national banks and federal savings associations administering a collective investment fund invested primarily in real estate or other assets that are not readily marketable.
May 24, 2021 | ICBA NewsWatch Today   Compliance 

Independent Banker

Independent Banker is the award-winning monthly member publication of ICBA. Continually rated the best news source by community bankers, IB provides timely, relevant information and insights to help community banks continue to flourish.

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