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ICBA to FDIC: Commercial Firms Shouldn't Own Banks

ICBA to FDIC: Commercial Firms Shouldn't Own Banks The Independent Community Bankers of America told the Federal Deposit Insurance Corp. that commercial firms should not own full-service banks or...

Jul 10, 2020
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Article

Support grows for ICBA-backed PPP forgiveness bill

Support grows for ICBA-backed PPP forgiveness bill Nearly 140 other organizations joined ICBA in urging Congress to advance legislation that would forgive Paycheck Protection Program loans under...

Jul 10, 2020
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Article

ICBA Independent Banker Ranks Community Bank Top Lenders

ICBA Independent Banker Ranks Community Bank Top Lenders Independent Banker, the award-winning magazine of the Independent Community Bankers of America and the number-one source for community...

Jul 10, 2020
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Article
Lending

ICBA resources follow PPP data release

ICBA resources follow 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...

Jul 09, 2020
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Article
Crisis Preparedness

ICBA to Approps panel: Don't expand Farm Credit

ICBA to Approps panel: Don't expand Farm Credit ICBA urged the House Appropriations Subcommittee on Defense to ensure the fiscal 2021 defense spending bill does not include any expansion of the...

Jul 09, 2020
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Article
Agriculture

CFPB rescinds part of small-dollar rule

CFPB rescinds part of small-dollar rule The Consumer Financial Protection Bureau issued a final rule on small-dollar lending that rescinds the mandatory underwriting provisions of the 2017 rule but...

Jul 08, 2020
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Article
Consumer Financial Protection Bureau (CFPB) Compliance

ICBA seeking ILC grassroots outreach

ICBA seeking ILC grassroots outreach ICBA continues calling on community bankers to urge their senators to co-sponsor legislation to close the industrial loan company loophole. ICBA continues...

Jul 08, 2020
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Article
Lending

CFPB ratifies regulations following Supreme Court decision

CFPB ratifies regulations following Supreme Court decision The Consumer Financial Protection Bureau ratified most regulatory actions it took from Jan. 4, 2012, through June 30, 2020. The CFPB said...

Jul 08, 2020
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Article
Consumer Financial Protection Bureau (CFPB) Compliance

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...

Jul 10, 2020
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Article
Lending

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...

Jul 10, 2020
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Article
Credit Unions

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...

Jul 09, 2020
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Article
Lending

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...

Jul 08, 2020
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Article
Advocacy Crisis Preparedness

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...

Jul 07, 2020
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Article

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...

Jul 07, 2020
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Article
Lending

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...

Jul 07, 2020
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Article
Crisis Preparedness

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...

Jul 08, 2020
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Article

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...

Jul 07, 2020
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Article

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...

Jul 07, 2020
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Article

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...

Jul 07, 2020
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Article
Agriculture

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...

Jul 06, 2020
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Article
Advocacy Crisis Preparedness