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ICBA testifying tomorrow on CDFIs, minority banks
ICBA testifying tomorrow on CDFIs, minority banks ICBA is scheduled to testify tomorrow before Congress on community development financial institutions and minority depository institutions. ICBA is...
Tell Congress PPP changes needed
Tell Congress PPP changes needed ICBA is calling on community bankers to provide Congress with policy recommendations to make the Paycheck Protection Program more workable for lenders and...
SBA and Treasury set aside $10B in PPP funding for CDFIs
SBA and Treasury set aside $10B in PPP funding for CDFIs The Small Business Administration and the Treasury Department announced plans to set aside $10 billion of round two of Paycheck Protection...
ICBA, state groups call for PPP reform
ICBA, state groups call for PPP reform ICBA and 43 state banking associations wrote to Congress seeking more workable forgiveness loan terms under the Small Business Administration’s Paycheck...
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...
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...
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...
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...