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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 continues pushback against postal banking amendment

ICBA continued pushing back against a pending amendment to a 2021 spending bill that would fund a postal banking pilot program at the U.S. Postal Service.
July 31, 2020 | ICBA NewsWatch Today   Government Banks 

Stimulus grassroots push continues

ICBA continues calling on community bankers to use its Be Heard grassroots action center to urge Congress to advance ICBA's specific recommendations in the next stimulus package
July 31, 2020 | ICBA NewsWatch Today  

ICBA Reinsurance Announces New Board Member

ICBA Reinsurance, the captive reinsurance company of the Independent Community Bankers of America, today announced that William Loving, president and CEO of Pendleton Community Bank Inc. in Franklin, West Virginia, was elected to the ICBA Reinsurance board of directors.
July 31, 2020 | Press Release  

ICBA Brief Backs Legal Challenge to OCC Fintech Charter

The Independent Community Bankers of America filed a friend-of-the-court brief supporting the New York Department of Financial Services lawsuit challenging the Office of the Comptroller of the Currency's special-purpose national bank charter for fintech companies.
July 31, 2020 | Press Release   Commerce & Banking 

CFPB posts new HMDA FAQs

The Consumer Financial Protection Bureau released new frequently asked questions on the Home Mortgage Disclosure Act.
July 31, 2020 | ICBA NewsWatch Today   Compliance 

Next ICBA advocacy briefing set for Monday

ICBA scheduled its next Community Bank Briefing on Paycheck Protection Program loan forgiveness and other regulatory issues.
July 31, 2020 | ICBA NewsWatch Today   Crisis Preparedness 

ICBA seeks clarity on Economic Injury Disaster Loan liens

ICBA is seeking clarity from the SBA on its treatment of Economic Injury Disaster Loans.
July 31, 2020 | ICBA NewsWatch Today   Advocacy 

NCUA finalizes field-of-membership rule

The National Credit Union Administration finalized its embattled field-of-membership rule significantly expanding the service areas in which community credit unions can do business.
July 31, 2020 | ICBA NewsWatch Today   Credit Unions 

PPP forgiveness bill introduced in House

ICBA thanked Rep. Chrissy Houlahan (D-Pa.) for introducing the House version of ICBA-advocated legislation to forgive Paycheck Protection Program loans under $150,000.
July 30, 2020 | ICBA NewsWatch Today  

Groups join ICBA in urging closure of ILC loophole

ICBA and other groups urged Congress to impose a three-year moratorium on industrial loan company licensing applications.
July 30, 2020 | ICBA NewsWatch Today   Advocacy Crisis Preparedness 

Kraninger encourages input on reg environment

Consumer Financial Protection Bureau Director Kathleen Kraninger encouraged public input on the bureau's request for information on the regulatory environment.
July 30, 2020 | ICBA NewsWatch Today   Consumer Financial Protection Bureau 

ICBA opposes OCC talk of narrow-purpose payments charter

ICBA and other groups expressed opposition to the OCC's recent discussions to offer a narrowly focused payments charter.
July 30, 2020 | ICBA NewsWatch Today   Payments 

Banking and Consumer Groups Call on Congress to Close ILC Loophole

The Bank Policy Institute, Center for Responsible Lending and Independent Community Bankers of America today urged Congress to impose a three-year moratorium on industrial loan company licensing applications.
July 29, 2020 | Press Release   Lending 

ICBA to Congress: Heed the Economic Recovery Experts

With new Small Business Administration data showcasing the outsized role of community banks in serving small businesses and underserved communities amid the COVID crisis, ICBA is urging the Senate to incorporate needed reforms in the next round of stimulus legislation.
July 28, 2020 | Press Release   Advocacy Crisis Preparedness Lending 

Senate stimulus plan includes PPP reforms

Senate Republicans released initial proposals for the next round of stimulus legislation that include several ICBA-advocated provisions, though ICBA will continue working with lawmakers to craft the legislation.
July 28, 2020 | ICBA NewsWatch Today   Advocacy Crisis Preparedness Lending 

Lender Livestock Trust Letter 7-28-20

On behalf of the American Bankers Association and the Independent Community Bankers of America, representing over 52,000 bank locations across the United States, we write to express our concern over possible inclusion of the so-called “Livestock Trust” legislation in the COVID-19 relief package being considered by the Senate.
July 28, 2020 | News   Agriculture Crisis Preparedness 

ICBA Securities Announces New Board Member

ICBA Securities, the broker-dealer subsidiary of the Independent Community Bankers of America, today announced that Jerry Walker, president and CEO of the Independent Community Bankers Association of New Mexico, was elected to the ICBA Securities board of directors.
July 28, 2020 | Press Release  

Op-ed: Congress should close ILC loophole

Congress should pass pending legislation to close the industrial loan company loophole, ICBA President and CEO Rebeca Romero Rainey wrote in an op-ed on Medium.
July 28, 2020 | ICBA NewsWatch Today   Lending 

CFPB seeking feedback on small-biz reporting costs

The Consumer Financial Protection Bureau is conducting a survey of institutions offering small-business credit products to determine potential one-time costs associated with complying with Section 1071 of the Dodd Frank Act.
July 28, 2020 | ICBA NewsWatch Today   Compliance 

ICBA Services Network Announces New Board of Directors Member

ICBA Services Network, the business services subsidiary of the Independent Community Bankers of America, today announced that Shon Myers, chairman, president and CEO of Farmers & Merchants Bank in Miamisburg, Ohio, was elected to the ICBA Services Network board of directors.
July 27, 2020 | Press Release   Advocacy 

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