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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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Checks decline at faster pace as alternative payments grow: Fed

The Federal Reserve Board said the number of checks issued from 2015 to 2018 declined by 8.2 percent per year, a faster pace than the previously reported 7.2 percent annual decrease.
October 30, 2020 | ICBA NewsWatch Today   Federal Reserve 

Grassroots on EIDL advances continues

ICBA continues urging community bankers to direct borrowers to ICBA's small-business alert addressing Economic Injury Disaster Loan Advance deductions from PPP forgiveness amounts. ICBA also offers a separate alert for community bankers.
October 30, 2020 | ICBA NewsWatch Today  

Passageways Invests in Global Organizations Recovering from COVID-19 Disruption by Offering 90 Days of Free Access to OnBoard

Passageways announced that new accounts are eligible to receive 3 months (90 days) of free access to OnBoard when purchased by December 31, 2020.
October 29, 2020 | News  

Alex Galeano Joins ICBA as SEVP and Chief Financial Officer

The Independent Community Bankers of America today announced that Alex Galeano has joined the organization as senior executive vice president and chief financial officer.
October 28, 2020 | Press Release  

Senate bill responds to ICBA asset-threshold push

New legislation introduced by Sen. Mike Lee (R-Utah) is designed to protect borrowers and lenders from regulatory penalties associated with the Paycheck Protection Program after ICBA raised the issue with policymakers.
October 28, 2020 | ICBA NewsWatch Today   Advocacy Crisis Preparedness Lending 

Romero Rainey: Grassroots needed on EIDL-PPP

ICBA President and CEO Rebeca Romero Rainey called on community bankers to contact Congress and engage small-business customers on the growing conflict between PPP loans and Economic Injury Disaster Loan advances.
October 28, 2020 | ICBA NewsWatch Today  

Court blocks ICBA-backed 'disparate impact

A federal court this week blocked implementation of HUD's ICBA-supported final rule amending its interpretation of the Fair Housing Act’s "disparate impact" standard.
October 28, 2020 | ICBA NewsWatch Today   FHA/HUD Housing Finance/GSEs 

ICBA-Backed Bill Stops Unintended Regulations from PPP Lending

ICBA and the nation's community banks support new legislation that would prevent regulatory penalties for community banks with $15 billion or less in total assets due to their PPP lending, said ICBA President and CEO Rebeca Romero Rainey.
October 26, 2020 | Press Release   Advocacy Crisis Preparedness Lending 

Proposal would expand BSA recordkeeping

The Financial Crimes Enforcement Network and Federal Reserve Board invited comment on a proposed rule that would amend Bank Secrecy Act recordkeeping and travel rule regulations.
October 26, 2020 | ICBA NewsWatch Today   Compliance Compliance 

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