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SoFi ditches ILC push for full-service bank charter
SoFi ditches ILC push for full-service bank charter Fintech company SoFi applied for a full-service national bank charter with the OCC after withdrawing its industrial loan company application...
ICBA continues fighting debt plan for largest credit unions
ICBA continues fighting debt plan for largest credit unions ICBA continued pushing back against a National Credit Union Administration proposal that would allow the largest and most complex credit...
ICBA urging ILC grassroots outreach
ICBA urging ILC grassroots outreach ICBA is calling on community bankers to urge their senators to co-sponsor legislation to close the industrial loan company loophole. ICBA is calling on community...
IRS cancels stimulus payments to ineligible recipients
IRS cancels stimulus payments to ineligible recipients The IRS cancelled outstanding Economic Impact Payment checks issued to recipients who may not be eligible for the stimulus payments, including...
Visa Small Business Recovery Monitor report, June 2020
Visa Small Business Recovery Monitor report, June 2020 Visa’s analysis of current economic data indicates that U.S. small business activity was slowly recovering in June. Visa’s analysis of current...
ICBA urging grassroots on ILC loophole
ICBA urging grassroots on ILC loophole ICBA is calling on community bankers to urge their senators to co-sponsor legislation to close the industrial loan company loophole. ICBA is calling on...
CFPB details higher-level exams
CFPB details higher-level exams The Consumer Financial Protection Bureau posted frequently asked questions about prioritized assessments, a new supervisory approach the bureau developed in response...
ICBA offers resources on PPP data release
ICBA offers resources on PPP data release ICBA this week released talking points and a sample letter to PPP borrowers about the SBA and Treasury Department release of information about individual...
ICBA resources follow release of PPP data
ICBA resources follow release of PPP data Following the SBA and Treasury Department release of information about individual Paycheck Protection Program loans, ICBA released talking points and a...
PPP calculator bill introduced in Senate
PPP calculator bill introduced in Senate ICBA thanked Sens. Angus King (I-Maine) and John Kennedy (R-La.) for introducing legislation to establish a free online calculator to complete Paycheck...
House subcommittee set to pass ag appropriations
House subcommittee set to pass ag appropriations The House Appropriations Agriculture Subcommittee adopted fiscal 2021 agriculture and rural development legislation. The House Appropriations...
ICBA on PPP extension: Community banks a lifeline
ICBA on PPP extension: Community banks a lifeline ICBA said community banks will continue working to meet the needs of their communities after Congress passed and President Trump signed a law...
United Bankers’ Bank and MK Decision Partnership Brings Business Credit Card Origination Online for 75+ Banks in 15-State Footprint
United Bankers’ Bank and MK Decision Partnership Brings Business Credit Card Origination Online for 75+ Banks in 15-State Footprint United Bankers’ Bank (UBB), a $996 million-asset correspondent...
Senate bill would forgive PPP loans under $150K
Senate bill would forgive PPP loans under $150K Senate Banking Committee member Kevin Cramer (R-N.D.) introduced ICBA-supported legislation that would forgive Paycheck Protection Program loans...
ICBA's Merski talks community banks on business podcast
ICBA's Merski talks community banks on business podcast ICBA's Paul Merski discussed the benefits of community banks to small businesses and local communities in a new podcast interview. ICBA's...
CFPB begins implementing escrow exemption
CFPB begins implementing escrow exemption The Consumer Financial Protection Bureau issued a proposed rule to implement ICBA-supported relief from mandatory escrow requirements for higher-priced...
Edward Jones applies for ILC
Edward Jones applies for ILC The Jones Financial Companies said it has applied with the FDIC and Utah Department of Financial Institutions to establish the Edward Jones Bank industrial loan...
ICBA Statement on Paycheck Protection Program Extension
ICBA Statement on Paycheck Protection Program Extension Independent Community Bankers of America President and CEO Rebeca Romero Rainey released a statement on congressional passage of legislation...
Merchants and Planters Bank and MK Decision Partner to Deliver Online Credit Card Applications to their Customers
Merchants and Planters Bank and MK Decision Partner to Deliver Online Credit Card Applications to their Customers MK Decision (MK), the leader in credit card loan origination announced today its...
Independent Banker: Small biz loves community banks
Independent Banker: Small biz loves community banks The July issue of Independent Banker magazine focuses on why small businesses love their community banks—especially now. The cover story profiles...