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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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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 

Mastercard white paper: Authentication, intelligence, and the consumer journey

In this brief, you’ll learn how a holistic approach to payments security can dramatically reduce the incidence of digital fraud.
July 27, 2020 | News  

Visa Payments Ecosystem highlights 2Q 2020

The latest "Visa Payments Ecosystem Highlights" report summarizes recent themes and developments associated with key payments players from Q2’CY2020.
July 27, 2020 | News  

Visa American Mood Trend (July 2020)

Visa economists report that consumer confidence is slowly rebounding, Gen Z consumers worry about public health than the economy or their own health, and more.
July 26, 2020 | News  

FDIC names new community bank committee members

ICBA congratulates the new members of the FDIC Advisory Committee on Community Banking, which provides advice and recommendations to the agency.
July 23, 2020 | ICBA NewsWatch Today   Advocacy 

ICBA seeks feedback on remote work regs

ICBA and the Financial Services Sector Coordinating Council are seeking community banker feedback on the longer-term implications of maintaining a remote workforce after COVID-19.
July 23, 2020 | ICBA NewsWatch Today   Crisis Preparedness 

PPP data show community banks stepping up: blog

The SBA's release of Paycheck Protection Program loan data confirms that community banks have led the way in supporting the economic recovery in local communities.
July 23, 2020 | ICBA NewsWatch Today  

Employee retention tax credit deadline is July 31

July 31 is the second-quarter deadline to report the Employee Retention Tax Credit to the IRS on Form 941s.
July 23, 2020 | ICBA NewsWatch Today   Crisis Preparedness Taxes & Budget 

ICBA pushing stimulus recs as Senate debate nears

With the Senate expected to begin debating the next economic stimulus package this week, ICBA is calling on community bankers to weigh in with recommendations that support local communities.
July 21, 2020 | ICBA NewsWatch Today   Crisis Preparedness 

CFPB updates Reg Z thresholds

The Consumer Financial Protection Bureau issued a final rule with its annual amendments to dollar amounts for several provisions in Regulation Z.
July 21, 2020 | ICBA NewsWatch Today   Consumer Financial Protection Bureau Compliance 

Credit union favoritism harms troops: op-ed

A federal law allowing tax-exempt credit unions to operate rent-free is shrinking the availability of banking options to service members, ICBA community banker and military veteran James Smith wrote this week in a Military Times op-ed.
July 21, 2020 | ICBA NewsWatch Today   Military Lending 

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