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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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CFPB rescinds abusiveness policy statement

The Consumer Financial Protection Bureau said it is rescinding its January 2020 “Statement of Policy Regarding Prohibition on Abusive Acts or Practices.”
March 12, 2021 | ICBA NewsWatch Today   Compliance 

New round of EIPs starts today

The IRS said it will begin distributing the third round of Economic Impact Payments today, with an effective entry date of this Wednesday, March 17.
March 12, 2021 | ICBA NewsWatch Today   Advocacy Crisis Preparedness Lending 

ICBA testifies: Don't leave PPP applicants stranded

The approaching Paycheck Protection Program expiration date should not leave small businesses or nonprofits stranded, ICBA community banker Alice P. Frazier told the House Small Business Committee
March 11, 2021 | ICBA NewsWatch Today   Advocacy Crisis Preparedness Lending 

FS-ISAC Coronavirus Update, March 11, 2021

President Joe Biden announced he is directing the Department of Health and Human Services to purchase an additional 100 million doses of the Johnson & Johnson Covid-19 vaccine. With that, the country is now on track to have enough vaccine for every adult by the end of May.
March 11, 2021 | News   Advocacy Operational Risk Crisis Preparedness 

Congress approves stimulus plan

ICBA released a summary of the $1.9 trillion American Rescue Plan Act (H.R. 1319), which Congress passed and President Joe Biden is expected to sign into law soon.
March 11, 2021 | ICBA NewsWatch Today   Advocacy Crisis Preparedness Lending 

New York State Banker Elected ICBA Chairman​

Robert M. Fisher, president and CEO of Tioga State Bank in Spencer, N.Y., was elected chairman of the Independent Community Bankers of America for 2021-22.
March 10, 2021 | Press Release   Advocacy 

ICBA Announces 2021-22 Executive Committee

The Independent Community Bankers of America today announced the election of its 2021-22 Executive Committee in conjunction with ICBA Connect, a virtual community banking event.
March 10, 2021 | Press Release   Advocacy 

New ICBA Chairman to Community Banks: Get Engaged to Drive Positive Change

Incoming ICBA Chairman Robert Fisher encouraged community banks attending ICBA Connect to exercise their political capital — gained through dedicated service to customers and communities — to help enact meaningful policies that benefit local communities.
March 10, 2021 | Press Release   Advocacy 

Joint rule supports Treasury program for CDFIs, MDIs

Federal bank regulators issued an interim final rule that supports the Treasury Department’s Emergency Capital Investment Program, which will provide $9 billion in capital to Community Development Financial Institutions and Minority Depository Institutions.
March 10, 2021 | ICBA NewsWatch Today   MDI 

ICBA: GSE liquidity plan aligns with capital framework

ICBA said it agrees with the Federal Housing Finance Agency's approach to proposed liquidity requirements for Fannie Mae and Freddie Mac.
March 10, 2021 | ICBA NewsWatch Today   Housing Finance/GSEs 

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