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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 and ProfitStars Expand Relationship to Include Forecasting and Financial Reporting

The Independent Community Bankers of America today announced that it has extended its Preferred Service Provider agreement with ProfitStars, a division of Jack Henry & Associates Inc., to include Forecasting and Financial Reporting to support community bank strategic planning.
June 11, 2020 | Press Release  

ICBA urges changes to brokered deposit proposal

ICBA urged the FDIC to update its proposal to revise restrictions on brokered deposits that apply to less-than-well-capitalized banks.
June 10, 2020 | ICBA NewsWatch Today   Capital 

CFPB issues new TRID resources

The Consumer Financial Protection Bureau published a new fact sheet and updated frequently asked questions on the TILA-RESPA Integrated Disclosure Rule.
June 10, 2020 | ICBA NewsWatch Today   Compliance 

Comment Letter to the FDIC on Brokered Deposits

Section 29 of the Federal Deposit Insurance Act restricts the acceptance of deposits by insured depository institutionsfrom a “deposit broker.” Although well capitalized IDIs are not restricted from accepting deposits from a deposit broker, those IDIs with a significant concentration of brokered deposits may pay higher quarterly FDIC assessments.
June 09, 2020 | News   Agriculture 

ICBA Urges Streamlined Paycheck Protection Program Process

The Independent Community Bankers of America® (ICBA) called on the Treasury Department and Small Business Administration to make the Paycheck Protection Program loan-forgiveness process less complex and onerous for borrowers and lenders.
June 09, 2020 | Press Release  

New PPP payroll threshold not a cliff

The Treasury Department and Small Business Administration clarified that Paycheck Protection Program borrowers will remain eligible for partial loan forgiveness under the 60 percent payroll requirement contained in the new PPP reform law.
June 09, 2020 | ICBA NewsWatch Today  

ICBA seeks streamlined Paycheck Protection Program process

ICBA called on the Treasury Department and SBA to make the Paycheck Protection Program loan-forgiveness process less complex and onerous for borrowers and lenders.
June 09, 2020 | ICBA NewsWatch Today  

Smaller lenders lead both PPP rounds: data

Lenders under $10 billion in assets have made more than 2.26 million Paycheck Protection Program loans worth more than $224 billion through both rounds of funding, the Small Business Administration reported.
June 09, 2020 | ICBA NewsWatch Today  

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