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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 continues push on EIDL advances

ICBA continues calling on community bankers to direct borrowers to ICBA's small-business alert addressing Economic Injury Disaster Loan Advances from borrower PPP forgiveness amounts.
October 23, 2020 | ICBA NewsWatch Today   Advocacy Crisis Preparedness Lending 

ICBA PPP video promotion continues on social media

ICBA is urging community bankers to retweet and share on social media its ongoing series of videos featuring Paycheck Protection Program borrowers to continue raising the industry's profile.
October 23, 2020 | ICBA NewsWatch Today   Advocacy Crisis Preparedness Lending 

Senators join ICBA opposition to securities filings change

A group of Senate Banking Committee members joined ICBA in opposing the Securities and Exchange Commission's proposal to raise the threshold over which institutional investment managers are required to file quarterly Form 13F reports.
October 23, 2020 | ICBA NewsWatch Today   SEC 

Promontory Interfinancial Network Changes Name to IntraFi Network

IntraFi Network has built the nation’s largest deposit network, chosen by more than 3,000 financial institutions. The company was founded in 2002, invented reciprocal deposits, and is widely used by big and small banks alike.
October 21, 2020 | Press Release  

ICBA Letter Regarding the Heroes Small Business Lifeline Act

The HEROES Small Business Lifeline Act (S. 4818) is a welcome effort which reflect certain community bank priorities. ICBA will continue to offer constructive feedback on efforts to reform and strengthen the PPP.
October 21, 2020 | News   Advocacy Crisis Preparedness Lending 

Finastra honored with 2020 Microsoft US Partner award

Finastra today announced it has been honored with a 2020 Microsoft US Partner Award in the category of Financial Services. The MSUS Award program complements the global Microsoft Partner of the Year Award program and highlights US-specific partner impact.
October 21, 2020 | News  

Finastra integrates Optimal Blue live pricing into Fusion MortgagebotPOS

Finastra has integrated Optimal Blue into its Fusion MortgagebotPOS solution, enabling banks to provide mortgage applicants with Optimal Blue’s live pricing searches, via any point-of-sale channel. The addition of Optimal Blue to MortgagebotPOS furthers Finastra’s relationship with the enterprise secondary marketing automation vendor, which already integrates with the Fusion MortgagebotLOS loan origination platform.
October 21, 2020 | News  

FDIC responds to ICBA push on asset thresholds

The FDIC issued an ICBA-advocated interim rule adjusting regulatory asset thresholds for community banks to mitigate costs from their sizable Paycheck Protection Program lending
October 21, 2020 | ICBA NewsWatch Today  

Finastra launches Fusion Mortgagebot Data Insights to help financial institutions optimize their mortgage business

Finastra has launched Fusion Mortgagebot Data Insights – a powerful new tool that benchmarks mortgage borrower behavior and demographics for banks against that of more than 1,400 other Fusion MortgagebotPOS users. The solution leveraged Big Data and machine learning to provide users with new insights into consumer behavior to drive a better borrower experience.
October 21, 2020 | News  

Grassroots continues ahead of Senate PPP vote

With the Senate scheduled to vote today on a stimulus package that includes ICBA-advocated PPP forgiveness simplification, ICBA is calling on community bankers and their small-business contacts to weigh in on key PPP issues.
October 21, 2020 | ICBA NewsWatch Today  

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