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ICBA seeks comment extension on OCC charter applications

ICBA seeks comment extension on OCC charter applications ICBA and other groups asked the OCC to extend the comment period on two national bank charter applications with Dec. 7 deadlines. ICBA and...

Nov 23, 2020
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Article
Office of the Comptroller of Currency (OCC)

ICBA pushes back on PPP 'loan necessity' questionnaire

ICBA pushes back on PPP 'loan necessity' questionnaire ICBA raised questions about an SBA "loan necessity" questionnaire for Paycheck Protection Program loans of $2 million or more that appears to...

Nov 18, 2020
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Article

FHFA issues 2021 multifamily loan purchase caps

FHFA issues 2021 multifamily loan purchase caps The Federal Housing Finance Agency said the 2021 multifamily loan purchase caps for Fannie Mae and Freddie Mac will be $70 billion for each...

Nov 18, 2020
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Article
Mortgage Rules Federal Housing Finance Agency

ICBA ThinkTECH Accelerator 2021 registration open

ICBA ThinkTECH Accelerator 2021 registration open Registration is now open for ICBA ThinkTECH Accelerator 2021, ICBA's collaboration with The Venture Center to foster innovative products and...

Nov 17, 2020
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Article

Advocacy push continues during lame-duck Congress

Advocacy push continues during lame-duck Congress While the 116th Congress winds down in the coming weeks, ICBA's efforts to pass much-needed economic stimulus measures continue unabated, ICBA's...

Nov 17, 2020
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Article
Crisis Preparedness

OCC rule updates licensing requirements

OCC rule updates licensing requirements The OCC released a final rule updating and clarifying licensing policies and procedures. The final rule makes various changes to the OCC’s Rules, Policies,...

Nov 17, 2020
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Article
Compliance

CFPB, Colorado AG hosting joint office hours

CFPB, Colorado AG hosting joint office hours The Consumer Financial Protection Bureau and Office of the Colorado Attorney General announced joint office hours focused on financial innovation on...

Nov 17, 2020
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Article
Consumer Financial Protection Bureau (CFPB)

CFPB issues debt-collection compliance guide

CFPB issues debt-collection compliance guide The Consumer Financial Protection Bureau released a guide on its compliance aids related to its final rule implementing the Fair Debt Collection...

Nov 16, 2020
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Article
Compliance Compliance

Payment info in credit reports varies by account type: CFPB

Payment info in credit reports varies by account type: CFPB The share of installment-loan credit accounts with payment amount information furnished to credit reporting agencies has trended upward...

Nov 13, 2020
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Article
Consumer Financial Protection Bureau (CFPB)

CFPB issues resources on housing help

CFPB issues resources on housing help The Consumer Financial Protection Bureau released brochures, videos, and other resources to help consumers seeking mortgage and housing assistance during the...

Nov 13, 2020
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Article
Consumer Financial Protection Bureau (CFPB) Compliance

DOJ sues to block Visa acquisition of Plaid

DOJ sues to block Visa acquisition of Plaid The Justice Department sued Visa to stop its $5.3 billion acquisition of Plaid, a fintech firm. The DOJ said Visa is a monopolist in online debit...

Nov 06, 2020
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Article
Fintech Regulation

Visa American Mood Trends Report (November 2020)

Visa American Mood Trends Report (November 2020) The Visa Business and Economics Insights team reports on consumer confidence in October. The Visa Business and Economics Insights team reports on...

Nov 10, 2020
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Article

ICBA raises questions over CDFI proposal

ICBA raises questions over CDFI proposal ICBA expressed concern with a CDFI Fund proposal that would diminish the number of Community Development Financial Institutions and threaten the survival of...

Nov 06, 2020
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Article
Community Reinvestment Act (CRA)

Unlimited webinars for educational binge-watching

Unlimited webinars for educational binge-watching Community Banker University's Unlimited Webinar Pass helps community bankers keep up with emerging trends and regulatory issues by offering...

Nov 05, 2020
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Article

EIDL-PPP grassroots push continues

EIDL-PPP grassroots push continues While ICBA works with policymakers to address Economic Injury Disaster Loan Advance deductions from PPP forgiveness amounts, it continues encouraging community...

Nov 04, 2020
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Article
Advocacy Crisis Preparedness

ICBA keeps up EIDL push as pressure rises

ICBA keeps up EIDL push as pressure rises ICBA is urging community bankers to direct borrowers to ICBA's small-business alert addressing Economic Injury Disaster Loan Advance deductions from PPP...

Nov 03, 2020
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Article

Visa Global Economic Insights (Oct. 2020)

Visa Global Economic Insights (Oct. 2020) The latest Global Economic Insights report from Visa provides a COVID-19 Economic Impact Index, plus insights on travel and tourism recovery and small and...

Nov 02, 2020
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Article

Senator ups pressure to address EIDL-PPP conflict

Senator ups pressure to address EIDL-PPP conflict Sen. Steve Daines (R-Mont.) called on Senate Small Business Committee leaders to resolve the conflict between Economic Injury Disaster Loan...

Nov 02, 2020
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Article

CFPB grants no-action letter for BofA small-dollar products

CFPB grants no-action letter for BofA small-dollar products The Consumer Financial Protection Bureau granted a no-action letter to Bank of America for certain small-dollar credit products for BofA...

Nov 06, 2020
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Article
Consumer Financial Protection Bureau (CFPB)

Payments continue going digital: BIS

Payments continue going digital: BIS The Bank for International Settlements reported sizable growth in digital payments across many leading economies prior to the coronavirus pandemic. The Bank for...

Nov 05, 2020
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Article
Payments