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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 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  

ICBA Welcomes Scott Brown as Vice President of Member Relations

The Independent Community Bankers of America today announced that Scott Brown has joined the association as vice president of member relations. Brown will assume the Southeast region territory from David Moore, who is retiring from ICBA on June 30 after 16 years.
June 09, 2020 | Press Release  

ICBA and The American College Announce Scholarship for Veterans

The Independent Community Bankers of America and The American College of Financial Services today announced a new “20 in 2020” scholarship for veterans and their families seeking challenging and rewarding careers as community bankers.
June 09, 2020 | Press Release  

Three grassroots campaigns take on credit unions

ICBA is calling on community bankers to act on several grassroots campaigns related to the authority and oversight of tax-exempt credit unions.
June 08, 2020 | ICBA NewsWatch Today   Credit Unions 

Letter of Support for the Paycheck Protection for Producers Act

ICBA supports the Paycheck Protection for Producers Act," would modifies the calculation of the maximum loan amount for certain farmers and ranchers under the Small Business Administration’s Paycheck Protection Program.
June 08, 2020 | News   Agriculture 

ICBA Pledges Multi-Year Commitment to Community Bank Innovation

The Independent Community Bankers of America today announced an additional three-year commitment to its ICBA ThinkTECH Accelerator program as part of a comprehensive mission-driven innovation strategy.
June 08, 2020 | ICBA NewsWatch Today   Fintech Innovation 

New legislation looks to address PPP restrictions

On June 5, President Donald Trump signed legislation to address restrictions on the Small Business Administration’s (SBA) Paycheck Protection Program. While further guidance and clarification is likely, here is a summary of the provisions that appear in the Paycheck Protection Program Flexibility Act.
June 05, 2020 | ICBA NewsWatch Today   Advocacy Crisis Preparedness Lending 

ICBA testifies on inclusive lending, PPP reform

ICBA testified before Congress on promoting inclusive lending during the coronavirus pandemic by community development financial institutions, minority depository institutions, and other community banks.
June 05, 2020 | ICBA NewsWatch Today   Advocacy 

ICBA Testifies on Promoting Inclusive Lending During Pandemic

The Independent Community Bankers of America® (ICBA) today testified before Congress on promoting inclusive lending during the pandemic by community development financial institutions, minority depository institutions, and other community banks.
June 03, 2020 | Press Release   Lending 

Romero Rainey: Act now on PPP reform

June 03, 2020 | ICBA NewsWatch Today   Lending 

Cyberattacks continue to rise amid outbreak

The attacks on community banks and their customers continue to rise, reinforcing the need to refocus on cybersecurity while adjusting to the “new normal,” ICBA Director of Operational Risk Steven Estep wrote in Main Street Matters.
June 03, 2020 | ICBA NewsWatch Today   Cybersecurity 

Romero Rainey: press Senate on PPP reforms

With the Senate considering Paycheck Protection Program reforms after the House passed its reform bill last week, community banks should urge lawmakers to enact recommended changes, ICBA President and CEO Rebeca Romero Rainey wrote.
June 02, 2020 | ICBA NewsWatch Today  

ICBA, AIR and The Venture Center Gear Up for Second PPP Solutions Sprint

The Independent Community Bankers of America, in partnership with AIR, the Alliance for Innovative Regulation, and The Venture Center, will host a second virtual event for community banks featuring fintech offerings to help solve for the Small Business Administration’s Paycheck Protection Program loan forgiveness process.
June 02, 2020 | Press Release  

Community bank hosts Pence for small-biz roundtable

ICBA Minority Bank Advisory Council member George Andrews and others at Unity National Bank in Atlanta last week hosted top administration officials for a roundtable discussion on U.S. small businesses.
June 02, 2020 | ICBA NewsWatch Today  

ICBA testifying tomorrow on CDFIs, minority banks

ICBA is scheduled to testify tomorrow before Congress on community development financial institutions and minority depository institutions.
June 02, 2020 | ICBA NewsWatch Today   MDI 

OCC ruling clarifies permissible interest on transferred loans

The OCC finalized its rule clarifying that when banks sell or assign a loan, interest permissible prior to the transfer continues to be permissible afterward.
June 01, 2020 | ICBA NewsWatch Today   Lending 

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