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Visa Small Business Outlook: Summer 2020
Visa Small Business Outlook: Summer 2020 Small business spending fell sharply for the second straight quarter due to a significant drop in revenues caused by pandemic lockdowns. Small business...
ICBA to Community Banks: You are All Winners
ICBA to Community Banks: You are All Winners ICBA announced this year’s National Community Bank Service Awards by recognizing community banks across the nation for their extraordinary efforts to...
ICBA raises questions ahead of credit union advocacy event
ICBA raises questions ahead of credit union advocacy event ICBA continues urging Congress to "Wake Up" this week as credit union advocates meet with lawmakers during the National Association of...
HUD finalizes ICBA-backed 'disparate impact' rule
HUD finalizes ICBA-backed 'disparate impact' rule The Department of Housing and Urban Development recently finalized an ICBA-supported rule to amend its interpretation of the Fair Housing Act’s...
Visa U.S. Economic Outlook (September 2020)
Visa U.S. Economic Outlook (September 2020) Visa economists report on GDP growth, labor market conditions, home sales, and trade. They also provide a view of longer-run GDP growth with their 2022...
ICBA to Fed: Speed Up FedNow Launch
ICBA to Fed: Speed Up FedNow Launch The Independent Community Bankers of America today called on the Federal Reserve to accelerate implementation of its FedNow real-time payments service....
ICBA Pandemic Response Letter
ICBA Pandemic Response Letter As lawmakers return to Washington and the 116th Congress comes rapidly to a close, the nation’s families and small businesses are counting on Congress to pass the...
ICBA Bancard Launches Digital Payments Strategy Guide
ICBA Bancard Launches Digital Payments Strategy Guide ICBA Bancard, the payments services subsidiary of ICBA, announced the launch of its interactive tool to help its community bank clients create...
NCUA needs expanded third-party oversight: IG report
NCUA needs expanded third-party oversight: IG report The National Credit Union Administration needs authority over credit union service organizations and vendors to identify and reduce risks they...
State assistance program requires separate accounts
State assistance program requires separate accounts The new Lost Wage Assistance program that state unemployment agencies are administering requires states to use separate bank accounts from what...
ICBA offers alternative to redefining QM
ICBA offers alternative to redefining QM ICBA expressed concerns with the Consumer Financial Protection Bureau's proposal to change its Qualified Mortgage definition to a price-based approach. ICBA...
ICBA Offers Tips to Prepare Ahead of a Natural Disaster
ICBA Offers Tips to Prepare Ahead of a Natural Disaster In recognition of National Preparedness Month in September, ICBA and the nation’s community bankers are reminding consumers of simple...
Reversing The Write-Off Trendline
Reversing The Write-Off Trendline In response to the widespread increase in digital payments, coupled with an increase in fraudulent activity, FINBOA has successfully partnered with Community Banks...
ICBA Welcomes William Pusey as Vice President of Member Relations
ICBA Welcomes William Pusey as Vice President of Member Relations ICBA announced that William Pusey has joined the association as vice president of member relations. Pusey will serve community...
ICBA Urges Transparency in JPMorgan, Postal Service Discussions
ICBA Urges Transparency in JPMorgan, Postal Service Discussions ICBA called on the U.S. Postal Regulatory Commission to investigate reports that the U.S. Postal Service is considering an exclusive...
CFPB releases 2021 HMDA guide
CFPB releases 2021 HMDA guide The Consumer Financial Protection Bureau released the 2021 Filing Instructions Guide for Home Mortgage Disclosure Act data. The Consumer Financial Protection Bureau...
FINBOA Welcomes Oconee Federal Savings and Loan
FINBOA Welcomes Oconee Federal Savings and Loan Oconee Federal Savings and Loan will join a growing number of community banks nationwide who have chosen FINBOA to transform the management of Reg E...
CFPB proposes "seasoned" QMs
CFPB proposes "seasoned" QMs The Consumer Financial Protection Bureau issued a notice of proposed rulemaking to create a new category of "seasoned" qualified mortgages. The Consumer Financial...
ICBA calls for withdrawal of misguided GSE directives
ICBA calls for withdrawal of misguided GSE directives ICBA is calling for the Federal Housing Finance Agency and Fannie Mae and Freddie Mac to immediately rescind the decision to charge a 0.5...
Visa U.S. Economic Outlook (August 2020)
Visa U.S. Economic Outlook (August 2020) After solid job growth and robust consumer spending readings in May and June, the U.S. economy was cruising along at a decent speed of recovery. After solid...