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FDIC extends comment period on ILC proposal

FDIC extends comment period on ILC proposal The FDIC extended the public comment period for its proposed rule regarding industrial banks and industrial loan companies to July 1, 2020. The FDIC...

May 28, 2020
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Article
Lending

SBA: Resolve loans marked “research” in PPP portfolios

SBA: Resolve loans marked “research” in PPP portfolios The Small Business Administration sent out a notice reminding lenders that loans marked with a “research” status in their Paycheck Protection...

May 28, 2020
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Article

Finastra helps community banks provide critical financial support to small businesses

Finastra helps community banks provide critical financial support to small businesses New virtual lending solution for community lenders helps process loans for small businesses under the Paycheck...

May 21, 2020
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Article

FDIC issues CRA exam schedules

FDIC issues CRA exam schedules The FDIC issued the lists of institutions scheduled for Community Reinvestment Act examinations during the third and fourth quarter of 2020, as required by law. The...

Jun 01, 2020
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Article
Community Reinvestment Act (CRA)