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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: GMAC Collapse Shows Risk of GM Bank Application

ICBA today called on the FDIC to reject GM Financial Bank's deposit insurance application as an industrial loan company, which would allow the company to skirt regulatory oversight and violate U.S. policy separating banking and commerce.
January 13, 2021 | Press Release   Commerce & Banking Federal Deposit Insurance Corporation 

ICBA Statement on Conservatorship of Fannie Mae, Freddie Mac

Independent Community Bankers of America President and CEO Rebeca Romero Rainey issued a statement on the conservatorship of Fannie Mae and Freddie Mac.
January 13, 2021 | ICBA NewsWatch Today   Federal Housing Finance Agency Housing Finance/GSEs 

IRS redirecting, reissuing some EIP2s

The IRS said it is working with the tax-preparation industry to redirect second Economic Impact Payments that for some recipients went to temporary bank accounts established when their 2019 tax returns were filed.
January 11, 2021 | ICBA NewsWatch Today   Advocacy Crisis Preparedness Lending 

Independent Banker

Independent Banker is the award-winning monthly member publication of ICBA. Continually rated the best news source by community bankers, IB provides timely, relevant information and insights to help community banks continue to flourish.

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