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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...