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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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SBA reopening for more lenders Friday

The Small Business Administration just announced that it will reopen the Paycheck Protection Program loan portal to PPP-eligible lenders with $1 billion or less in assets this Friday, Jan. 15.
January 13, 2021 | ICBA NewsWatch Today   Advocacy Crisis Preparedness Lending 

ICBA: GMAC Collapse Shows Risk of GM Bank Application

ICBA today called on the FDIC to reject GM Financial Bank's deposit insurance application as an industrial loan company, which would allow the company to skirt regulatory oversight and violate U.S. policy separating banking and commerce.
January 13, 2021 | Press Release   Commerce & Banking Federal Deposit Insurance Corporation 

ICBA Statement on Conservatorship of Fannie Mae, Freddie Mac

Independent Community Bankers of America President and CEO Rebeca Romero Rainey issued a statement on the conservatorship of Fannie Mae and Freddie Mac.
January 13, 2021 | ICBA NewsWatch Today   Federal Housing Finance Agency Housing Finance/GSEs 

IRS redirecting, reissuing some EIP2s

The IRS said it is working with the tax-preparation industry to redirect second Economic Impact Payments that for some recipients went to temporary bank accounts established when their 2019 tax returns were filed.
January 11, 2021 | ICBA NewsWatch Today   Advocacy Crisis Preparedness Lending 

SBA issues PPP resources ahead of launch

The SBA on Friday and over the weekend released a series of forms and guidance for the next round of Paycheck Protection Program lending starting for certain lenders today.
January 11, 2021 | ICBA NewsWatch Today   Advocacy Crisis Preparedness Lending 

ICBA: FHFA approval process should expand GSE transparency

ICBA submitted a comment letter to the Federal Housing Finance Agency on its proposed rule that outlines the process of prior approval for Fannie Mae and Freddie Mac products
January 11, 2021 | ICBA NewsWatch Today   Federal Housing Finance Agency Housing Finance/GSEs 

Community Banks: The Road to Bipartisan Solutions

The Independent Community Bankers of America congratulates members of the 117th Congress for serving the nation at this critical time.
January 08, 2021 | ICBA NewsWatch Today   Advocacy Crisis Preparedness Lending 

ICBA's Open Letter to the 117th Congress

ICBA believes that the policy recommendations outlined in this letter will play a critical role in creating a robust post-pandemic recovery and charting a course for inclusive growth and a more competitive economy that serves small businesses and consumers.
January 08, 2021 | ICBA NewsWatch Today   Advocacy Crisis Preparedness 

SBA begins implementing next round of PPP

The Small Business Administration last night issued several documents on the next round of the Paycheck Protection Program authorized by the end-of-year stimulus package. Here's the latest.
January 07, 2021 | ICBA NewsWatch Today   Advocacy Crisis Preparedness 

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