The Treasury Department and Small Business Administration just answered key ICBA questions about the Paycheck Protection Program relating to bank directors, partnerships, self-employed borrowers, and more.
The House just passed bipartisan legislation to restart the Paycheck Protection Program and dedicate funding exclusively to community banks, sending it to President Trump to be signed into law.
The Senate just passed bipartisan legislation that includes an additional $310 billion to restart the Paycheck Protection Program and an ICBA-advocated minimum of $60 billion set aside for community banks.
The day-to-day workings of a bank do not cease simply because so many new challenges — thanks to COVID-19 — are coming our way. In fact, with customers more concerned than ever about their financial situations, community banks can and have been a primary source of assurance and comfort.
With concerns over the cleanliness of paper-based payment options like cash and checks, and limited in-person branch offerings, digital payments are gaining new traction as a safer way to make and receive payments.
The Treasury Department and Small Business Administration just answered key ICBA questions about the Paycheck Protection Program relating to bank directors, partnerships, self-employed borrowers, and more.
We are in unprecedented times. “Shelter-in-place” acts help slow of the spread of coronavirus, but at the same time, they inject uncertainties into the economy and drive volatility in markets.
In the face of a global pandemic, it’s easy to be drawn into a doom-and-gloom mindset that focuses only on the negative. At ICBA, we know that out of the darkness light emerges, with community banks like you serving as bright spots.
The Treasury Department and Small Business Administration just answered key questions ICBA has been asking about the Paycheck Protection Program. Here's a summary of the updates.
The SBA launched a long-awaited portal while ICBA Chairman Noah Wilcox and ICBA Vice Chairman Brad Bolton participated in a virtual White House meeting with President Donald Trump, Treasury Secretary Steven Mnuchin, and SBA Administrator Jovita Carranza to discuss the status of the PPP.
We know today's flawed launch of the Small Business Administration's Paycheck Protection Program has been filled with high tensions and desperate attempts by community bankers to meet the needs of their small-business customers.
Unfortunately, the Payment Protection Program rollout did not work for many of the nation’s community bankers. In my opinion, one community bank left out is one too many.
There are many late-breaking developments from the Treasury Department and Small Business Administration on the Paycheck Protection Program, and we want you to be fully up to speed.
The technologies community banks have deployed over the past decade—from mobile apps to remote deposit capture to contactless cards—mean that today, we can continue to access our finances, anytime, anywhere—even within the confines of our home.
Just as community bankers are working nonstop to support their local customers and communities amid the coronavirus outbreak, ICBA is working around the clock and committed to getting you the facts and resources you need as soon as possible so you can focus on running your bank.
Community banks are the stars of the financial services industry, and during times of crisis community bankers burn brightly to provide a guiding light to their customers and community. ICBA Bancard knows that protecting your bank’s cardholders and customers is all part of the job.
While you have stood strong for your customers and communities, ICBA has been standing strong in Washington to shape and advance this critical legislation to support you during this uncertain time.
Undoubtedly due to the tireless efforts of Team ICBA, community bankers secured key provisions in the stimulus bill that will help them continue to serve their customers and communities during this difficult time.
In this time of uncertainty, you may have employees who are unable to perform their daily job duties because they are working from home or your lobby traffic has decreased dramatically.