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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 urges OCC to withdraw bank premises proposal

ICBA and other groups called on the OCC to withdraw a proposed rule to impose a rules-based approach to what national banks and federal savings associations can do with their buildings, land, and facilities.
March 24, 2021 | ICBA NewsWatch Today   OCC 

FS-ISAC Coronavirus Update, March 24, 2021

Treasury Secretary Janet Yellen painted an optimistic picture of the economy Tuesday, saying that while 10 million people still remain jobless, "we may see a return to full employment next year."
March 24, 2021 | News   Advocacy Operational Risk Crisis Preparedness 

Quarles: Focus on ceasing LIBOR use

While policymakers continue planning for the end of LIBOR, financial firms should focus this year on ending new uses of the benchmark interest rate, Fed Vice Chair for Supervision Randal Quarles said in a speech.
March 23, 2021 | ICBA NewsWatch Today   LIBOR 

FS-ISAC Coronavirus Update, March 23, 2021

The second batch of Covid-19 stimulus checks will be issued this week, the Biden administration announced Monday, with many of the payments expected to come via paper check or prepaid debit card and additional batches will be made weekly going forward.
March 23, 2021 | News   Advocacy Operational Risk Crisis Preparedness 

ICBA: Community Banks Proudly Serve Rural America

The Independent Community Bankers of America (ICBA) and the nation’s community banks are celebrating the contributions of America’s local farmers, ranchers and agricultural enterprises during National Ag Day.
March 23, 2021 | Press Release   Agriculture 

BPI, ABA, ICBA Urge OCC to Withdraw Bank Premises Proposal Amid Uncertain Post-Pandemic Office Reality

BPI, the American Bankers Association and the Independent Community Bankers of America sent a joint comment letter calling on the OCC to withdraw its Notice of Proposed Rulemaking on National Bank and Federal Savings Association Premises.
March 23, 2021 | Press Release   OCC 

Senate taking up PPP extension this week

With the Senate expected to vote this week on House-passed legislation to extend the Paycheck Protection Program, ICBA is urging community bankers to contact their senators in support
March 23, 2021 | ICBA NewsWatch Today   Advocacy Crisis Preparedness Lending 

SBA updates PPP forms to implement changes

The SBA issued updated Paycheck Protection Program application forms that incorporate last week's interim final rule implementing American Rescue Plan Act changes.
March 23, 2021 | ICBA NewsWatch Today  

CFPB reports on debt-collection rule

The Consumer Financial Protection Bureau released its 2020 annual report to Congress on the Fair Debt Collection Practices Act, including public enforcement action details.
March 23, 2021 | ICBA NewsWatch Today   Compliance 

Visa Prepaid Manual Cash Advances (March 2021)

Visa requires that all U.S. Visa bank branches must honor and enable cash disbursements for all valid Visa Prepaid cards, whether or not the card is embossed or personalized with the cardholder’s name.
March 23, 2021 | News  

SBA opening shuttered venue grant applications April 8

The SBA launched an online portal to receive Shuttered Venue Operators Grant applications when the application period begins April 8. The program offers $16 billion in grants for eligible live venues.
March 22, 2021 | ICBA NewsWatch Today   Advocacy Crisis Preparedness Lending 

ICBA urging grassroots on rural lending tax relief

With National Agriculture Week running through Friday, ICBA is calling on community bankers to advocate support for newly reintroduced legislation to exempt from taxation interest income on farm real estate and rural mortgage loans.
March 22, 2021 | ICBA NewsWatch Today   Agriculture 

Senate bill would expand credit union lending authority

ICBA-opposed legislation designed to expand credit union lending authority was introduced in the Senate.
March 19, 2021 | ICBA NewsWatch Today   Credit Unions 

ICBA-backed cannabis banking safe harbor reintroduced

ICBA expressed support for newly reintroduced bipartisan legislation to establish a safe harbor for financial institutions that serve cannabis-related businesses in states where cannabis is legal.
March 19, 2021 | ICBA NewsWatch Today   Cannabis banking 

New Nacha rules take effect today

Two new Nacha rules take effect today on Same Day ACH and account validation.
March 19, 2021 | ICBA NewsWatch Today   Compliance 

FS-ISAC Coronavirus Update, March 19, 2021

Covid-19 cases are rising by more than 10% in 14 states this week compared to last week, with half of those states rising by more than 20%, and while nationally the number of new cases has continued to decline the trend is not down for all states.
March 19, 2021 | News   Advocacy Operational Risk Crisis Preparedness 

CISA issues tool for detecting threat activity

The Cybersecurity and Infrastructure Security Agency released a forensics collection capability to help detect activity related to the supply chain compromises affecting SolarWinds and Active Directory/Microsoft 365.
March 19, 2021 | ICBA NewsWatch Today   Cybersecurity 

90M EIPs disbursed this week

The Treasury Department and IRS said they disbursed roughly 90 million Economic Impact Payments this week.
March 18, 2021 | ICBA NewsWatch Today   Advocacy Crisis Preparedness Lending 

ICBA urging grassroots outreach on PPP reform

ICBA is urging community bankers to use its Be Heard grassroots action center to urge their members of Congress to make needed changes to the Paycheck Protection Program if it is extended beyond March 31.
March 18, 2021 | ICBA NewsWatch Today   Advocacy Crisis Preparedness Lending 

ICBA Supports Bill to Establish Cannabis Banking Safe Harbor

The Independent Community Bankers of America today expressed support for bipartisan legislation that would establish a safe harbor from federal sanctions for financial institutions that serve cannabis-related businesses in states where cannabis is legal.
March 18, 2021 | Press Release   Cannabis banking 

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