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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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Op-ed notes rising credit union acquisitions in the Midwest

The recent purchase of West End Bank by 3Rivers Federal Credit Union last month, is part of a disturbing trend of large, billion-dollar credit unions buying small community banks, writes Thomas Aiello of the National Taxpayers Union.
August 14, 2020 | ICBA NewsWatch Today   Credit Unions 

ICBA ThinkTECH partner named top accelerator program by Finovate

ICBA’s ThinkTECH Accelerator partner, The Venture Center, will be recognized during the Finovate fall virtual conference in September for its efforts to nurture quality fintech companies and prime them for success.
August 14, 2020 | ICBA NewsWatch Today  

Grassroots push continues amid stimulus debate

As negotiations over the next emergency stimulus package continue, ICBA is calling on community bankers to urge needed reforms.
August 14, 2020 | ICBA NewsWatch Today   Crisis Preparedness 

ICBA Statement on Fannie Mae/Freddie Mac Decision to Impose 50 Basis Point Fee on Mortgage Refinances

The Independent Community Bankers of America today issued a statement regarding the recent decision made by Fannie Mae and Freddie Mac to impose a 50 basis point fee on most refinance mortgages that are delivered to the GSEs as of September 1, 2020.
August 13, 2020 | Press Release   Mortgage Rules Housing Finance/GSEs 

ICBA kicks off ThinkTECH 3.0

ICBA announced the kickoff of its third ICBA ThinkTECH Accelerator program in partnership with The Venture Center.
August 13, 2020 | ICBA NewsWatch Today  

Blog discusses intersection between fintech and regulation

Unless you have been living on a desert island for the past few years, you would be hard-pressed to miss the technological revolution that is sweeping our nation’s financial system and the larger global economy, ICBA’s Chris Cole and Charles Potts write in a new blog post.
August 13, 2020 | ICBA NewsWatch Today   Cybersecurity 

Kennedy to FDIC: Stop companies from taking advantage of ILC loophole

Sen. John Kennedy (R-La.) wrote to FDIC Chairman Jelena McWilliams urging her not to allow industrial loan companies to exploit a loophole in the Bank Holding Company Act during the coronavirus pandemic.
August 13, 2020 | ICBA NewsWatch Today   Crisis Preparedness Lending 

CISA issues alert on SBA COVID-19 relief website attack

The Cybersecurity and Infrastructure Security Agency issued an alert concerning an unknown malicious cyber actor spoofing the Small Business Administration's COVID-19 relief webpage via phishing emails.
August 13, 2020 | ICBA NewsWatch Today   Crisis Preparedness Cybersecurity 

SBA issues interim final rule on loan review, updates FAQs

The SBA released an interim final rule on appeals of SBA loan review decisions under the Paycheck Protection Program that outlines the process for borrowers to appeal adverse SBA decisions.
August 12, 2020 | ICBA NewsWatch Today  

ICBA seeks extension on ECOA RFI deadline

ICBA joined other groups urging the Consumer Financial Protection Bureau not to rush potential changes to the Equal Credit Opportunity Act.
August 12, 2020 | ICBA NewsWatch Today   Lending 

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