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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 backs bill offering rural lending tax relief

ICBA expressed support for legislation to exempt from taxation interest income on farm real estate and rural mortgage loans.
March 18, 2021 | ICBA NewsWatch Today   Agriculture USA Farm Loan Programs 

FS-ISAC Coronavirus Update, March 18, 2021

Approximately 90 million stimulus checks have been disbursed to Americans, the Department of Treasury, Internal Revenue Service, and the Bureau of the Fiscal Service announced Wednesday, totaling over $242 billion in payments.
March 18, 2021 | News   Advocacy Operational Risk Crisis Preparedness 

ICBA Supports Bill Offering Tax Relief for Rural Lending

The Independent Community Bankers of America today said it strongly supports the Enhancing Credit Opportunities in Rural America Act to support farmers, ranchers and rural homeowners.
March 17, 2021 | Press Release   Agriculture Rural Development 

House passes PPP extension with Senate outlook in question

The House voted 415-3 to pass ICBA-supported legislation to extend the Paycheck Protection Program, though the Senate outlook remains unclear.
March 17, 2021 | ICBA NewsWatch Today   Advocacy Crisis Preparedness Lending 

EIPs start depositing today

The first tranche of new Economic Impact Payments sent through the ACH Network is effective today. In a joint statement, ICBA and other financial services groups clarified that the March 17 payment date was chosen by the IRS—not the banking industry.
March 17, 2021 | ICBA NewsWatch Today   Advocacy Crisis Preparedness Lending 

FS-ISAC Coronavirus Update, March 17, 2021

Nearly 111 million doses of Covid-19 vaccine have been administered in the US, according to data published Tuesday by the US Centers for Disease Control and Prevention.
March 17, 2021 | News   Advocacy Operational Risk Crisis Preparedness 

Farm banks remain strong amid ag challenges: FDIC

Farm banks are vital to U.S. agricultural producers and rural communities, holding 44 percent of bank-held agricultural loans despite holding just 2 percent of U.S. bank loans, according to a new FDIC report.
March 16, 2021 | ICBA NewsWatch Today   Agriculture 

PPP loans reaching smallest borrowers: SBA data

The current round of the Paycheck Protection Program is successfully reaching smaller borrowers, according to recent data from the SBA.
March 16, 2021 | ICBA NewsWatch Today   Advocacy Crisis Preparedness Lending 

ICBA ThinkTECH Innovation Showcase today

ICBA today is hosting a showcase of 2021 ICBA ThinkTECH Accelerator participants and their new technologies available to community banks.
March 16, 2021 | ICBA NewsWatch Today  

ICBA: Two-tiered deadline will ensure SBA clears PPP loans on hold

ICBA thanked policymakers for introducing The PPP Extension Act of 2021, which pushes the application deadline until May 31 and creates a second deadline of June 30 for the Small Business Administration to clear the thousands of Paycheck Protection Program loan applications in process.
March 15, 2021 | ICBA NewsWatch Today   Advocacy Crisis Preparedness Lending 

FBI warns of cryptocurrency theft threat

The FBI said federal charges against three computer programmers linked to the North Korean government illustrate the appeal of cryptocurrency markets and exchanges for theft and fraud.
March 15, 2021 | ICBA NewsWatch Today   Cybersecurity 

SBA updates PPP guidance

The Small Business Administration on Friday updated its frequently asked questions as well as its guidance concerning how to calculate revenue reduction and maximum loan amounts for first- and second-draw Paycheck Protection Program loans.
March 15, 2021 | ICBA NewsWatch Today   Advocacy Crisis Preparedness Lending 

Agencies propose private flood insurance Q&As

Federal regulators requested comments on 24 proposed interagency questions and answers regarding private flood insurance.
March 12, 2021 | ICBA NewsWatch Today   Advocacy Flood Insurance Compliance 

ICBA ThinkTECH Showcase Spotlights Innovative Community Bank Solutions

ICBA, in partnership with The Venture Center, will host the ICBA ThinkTECH Showcase — a virtual event to unveil the latest technological solutions of the 2021 ThinkTECH Accelerator cohort.
March 12, 2021 | Press Release  

CFPB rescinds abusiveness policy statement

The Consumer Financial Protection Bureau said it is rescinding its January 2020 “Statement of Policy Regarding Prohibition on Abusive Acts or Practices.”
March 12, 2021 | ICBA NewsWatch Today   Compliance 

New round of EIPs starts today

The IRS said it will begin distributing the third round of Economic Impact Payments today, with an effective entry date of this Wednesday, March 17.
March 12, 2021 | ICBA NewsWatch Today   Advocacy Crisis Preparedness Lending 

ICBA testifies: Don't leave PPP applicants stranded

The approaching Paycheck Protection Program expiration date should not leave small businesses or nonprofits stranded, ICBA community banker Alice P. Frazier told the House Small Business Committee
March 11, 2021 | ICBA NewsWatch Today   Advocacy Crisis Preparedness Lending 

FS-ISAC Coronavirus Update, March 11, 2021

President Joe Biden announced he is directing the Department of Health and Human Services to purchase an additional 100 million doses of the Johnson & Johnson Covid-19 vaccine. With that, the country is now on track to have enough vaccine for every adult by the end of May.
March 11, 2021 | News   Advocacy Operational Risk Crisis Preparedness 

Congress approves stimulus plan

ICBA released a summary of the $1.9 trillion American Rescue Plan Act (H.R. 1319), which Congress passed and President Joe Biden is expected to sign into law soon.
March 11, 2021 | ICBA NewsWatch Today   Advocacy Crisis Preparedness Lending 

New York State Banker Elected ICBA Chairman​

Robert M. Fisher, president and CEO of Tioga State Bank in Spencer, N.Y., was elected chairman of the Independent Community Bankers of America for 2021-22.
March 10, 2021 | Press Release   Advocacy 

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