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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 planning PPP loan-forgiveness portal

The SBA will soon release a portal to accept Paycheck Protection Program loan-forgiveness applications, Administrator Jovita Carranza told the House Small Business Committee. The SBA is working with the Treasury Department to offer the portal by the beginning of August, she said.
July 20, 2020 | ICBA NewsWatch Today   Crisis Preparedness Lending 

Stats show community bank PPP impact: blog

A recent report by the Institute for Local Self-Reliance shows how vital community banks have been to the COVID-19 response, ICBA President and CEO Rebeca Romero Rainey wrote in Main Street Matters.
July 20, 2020 | ICBA NewsWatch Today   Crisis Preparedness Lending 

Visa’s U.S. Economic Outlook (July 2020)

Though there are few changes to note since the June Outlook report, the downside risks to the outlook are clearly rising.
July 20, 2020 | News  

ICBA, states provide stimulus plan to Congress

ICBA and 42 state community banking associations issued specific recommendations for the next economic stimulus package as Congress prepares new legislation. Meanwhile, community bankers can weigh in via ICBA's Be Heard grassroots action center.
July 17, 2020 | ICBA NewsWatch Today  

National Taxpayers Union targets credit union push

Citing problems with credit union industry transparency, oversight, and unfair competition, the National Taxpayers Union told key members of Congress that it opposes expanding the credit union member-business-lending cap unless several conditions are met.
July 17, 2020 | ICBA NewsWatch Today   Credit Unions 

FinCEN issues advisory on Twitter scam

The Financial Crimes Enforcement Network issued an advisory on a high-profile scam exploiting Twitter accounts to solicit fraudulent virtual currency payments.
July 17, 2020 | ICBA NewsWatch Today   Cybersecurity 

CFPB reports consumer COVID-19 complaints

The Consumer Financial Protection Bureau reported on more than 8,000 complaints it received from January through May that mention the coronavirus or related terms. Mortgage, credit card, and credit or consumer reporting complaints top the list.
July 17, 2020 | ICBA NewsWatch Today   Consumer Financial Protection Bureau Crisis Preparedness 

ICBA, States Offer Stimulus Plan Ahead of Congressional Debate

As the leaders in responding to the economic fallout of COVID-19 and responsible for two-thirds of Paycheck Protection Program loans, community banks today provided Congress with recommendations for the next economic stimulus package.
July 16, 2020 | Press Release   Advocacy Crisis Preparedness Lending 

Pandemic Relief Letter for State Sign-On

Community bankers across the country have worked tirelessly to deliver PPP loans quickly and successfully on behalf of thousands of small businesses. PPP loans could be a lifeline for borrowers, if the terms for forgiveness are flexible and realistic, reflecting the complexity and variability of the current business environment.
July 16, 2020 | News   Advocacy Crisis Preparedness 

FINBOA Announces New Webinar Series: Process Automation Within Reach

July 15, 2020 | News  

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