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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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PPP reopening for more lenders tomorrow

The SBA said it will reopen the Paycheck Protection Program loan portal to PPP-eligible lenders with $1 billion or less in assets at 9 a.m. (Eastern time) tomorrow, Jan. 15.
January 14, 2021 | ICBA NewsWatch Today   Advocacy Crisis Preparedness Lending 

ICBA urges OCC to withdraw CRA survey

ICBA and other groups called on the OCC to withdraw the CRA Information Collection Survey that was published in the Federal Register in December.
January 14, 2021 | ICBA NewsWatch Today   CRA OCC 

CFPB issues guidance on Limited English Proficiency consumers

The Consumer Financial Protection Bureau issued guidance that encourages financial institutions to better serve Limited English Proficiency consumers.
January 14, 2021 | ICBA NewsWatch Today   Compliance Compliance 

ICBA backs efforts to recapitalize GSEs

ICBA said it strongly supports Federal Housing Finance Agency Director Mark Calabria’s efforts to fully recapitalize Fannie Mae and Freddie Mac.
January 14, 2021 | ICBA NewsWatch Today   Housing Finance/GSEs 

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 

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