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What Google ad updates mean to bank marketing

What Google ad updates mean to bank marketing A new Main Street Matters post for community bank marketers covers Google's updated advertising policies taking effect later this month and how to...

Oct 09, 2020
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Article
Technology

CFPB relaxes stance on marketing services agreements

CFPB relaxes stance on marketing services agreements The Consumer Financial Protection Bureau released frequently asked questions on the legality of RESPA marketing services agreements. The...

Oct 08, 2020
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Article
Compliance Compliance

PPP forgiveness push continues

PPP forgiveness push continues ICBA continues urging community bankers to call their members of Congress and enlist the support of small-business contacts on behalf of PPP forgiveness legislation....

Oct 06, 2020
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Article
Advocacy Crisis Preparedness Lending

FDIC to Congress: We're working on PPP asset-threshold impact

FDIC to Congress: We're working on PPP asset-threshold impact The FDIC told a group of House Republicans that it is exploring options to address the impact of Paycheck Protection Program loans on...

Oct 05, 2020
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Article
Advocacy Crisis Preparedness Lending

Fed outlook assumes stimulus spending: minutes

Fed outlook assumes stimulus spending: minutes Many Federal Open Market Committee members are predicating their economic outlook on the passage of additional economic stimulus spending, according...

Oct 08, 2020
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Article
Advocacy

SBA issues guidance on PPP deferral period

SBA issues guidance on PPP deferral period The SBA updated its frequently asked questions on the Paycheck Protection Program with guidance on the extended deferral period for borrower payments on...

Oct 08, 2020
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Article
Advocacy Crisis Preparedness Lending

Credit union acquisitions demand hearing: ICBA

Credit union acquisitions demand hearing: ICBA Credit union acquisitions of community banks represent an "obscene" use of taxpayer subsidies and should be reviewed by Congress, ICBA's Paul Merski...

Oct 08, 2020
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Article
Credit Unions

Independent Banker previews election

Independent Banker previews election The October issue of Independent Banker magazine previews the 2020 election and what the potential outcomes mean for community banks. The October issue of...

Oct 06, 2020
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Article

CFPB outlines consent order termination process

CFPB outlines consent order termination process The Consumer Financial Protection Bureau issued a policy statement outlining the process of applying for early termination of administrative consent...

Oct 06, 2020
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Article
Consumer Financial Protection Bureau (CFPB)

Romero Rainey: Call Congress on PPP forgiveness

Romero Rainey: Call Congress on PPP forgiveness ICBA President and CEO Rebeca Romero Rainey urged community bankers to call their members of Congress and enlist the support of small-business...

Oct 05, 2020
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Article
Advocacy Crisis Preparedness Lending

OCC issues CRA community bank resources

OCC issues CRA community bank resources The OCC issued a Small Bank Compliance Guide and other resources on its Community Reinvestment Act final rule, which took effect Oct. 1. The OCC issued a...

Oct 05, 2020
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Article
Compliance

SBA issues change-of-ownership procedures for PPP borrowers

SBA issues change-of-ownership procedures for PPP borrowers The SBA issued a notice on the required procedures for changes of ownership of Paycheck Protection Program borrowers. The SBA issued a...

Oct 05, 2020
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Article
Advocacy Lending

IRS: Lenders shouldn't report PPP loan forgiveness

IRS: Lenders shouldn't report PPP loan forgiveness The IRS recently issued guidance clarifying that lenders should not file information returns or furnish payee statements to report the amount of...

Oct 05, 2020
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Article
Crisis Preparedness

ICBA working with agencies on reducing TRID burden

ICBA working with agencies on reducing TRID burden ICBA announced a collaboration with the Federal Reserve and Consumer Financial Protection Bureau to test certain community bank-inspired...

Oct 02, 2020
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Article
Compliance

Fed's Brainard: Community banks key to CRA modernization

Fed's Brainard: Community banks key to CRA modernization The Federal Reserve relied on ICBA and community bank input in developing its recent advance notice of proposed rulemaking on modernizing...

Oct 02, 2020
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Article
Community Reinvestment Act (CRA)

FinCEN warns of cryptocurrency risk

FinCEN warns of cryptocurrency risk Banks should expect examiners and the Financial Crimes Enforcement Network to ask about risk exposure related to virtual currencies, FinCEN Director Kenneth...

Oct 01, 2020
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Article
Cybersecurity Technology

Flood insurance extension passes

Flood insurance extension passes The Senate passed a short-term spending package that includes a one-year extension of the National Flood Insurance Program. The Senate passed a short-term spending...

Oct 01, 2020
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Article
Flood Insurance

Preserving the Integrity of the Bank Charter: The Community Bank Perspective

Preserving the Integrity of the Bank Charter: The Community Bank Perspective Community banks welcome technological innovation, but we must also recognize that technological change underscores the...

Sep 29, 2020
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Article
Commerce & Banking Payments Fintech Regulation

ICBA to CFPB: Expand 'seasoned' QM plan

ICBA to CFPB: Expand 'seasoned' QM plan ICBA encouraged the CFPB to expand on its proposal to create a new category of "seasoned" qualified mortgages. ICBA encouraged the CFPB to expand on its...

Oct 02, 2020
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Article
Consumer Financial Protection Bureau (CFPB)

ICBA Offers Cybersecurity Tips So Consumers Can Connect Online with Confidence

ICBA Offers Cybersecurity Tips So Consumers Can Connect Online with Confidence As Americans venture online in greater numbers to accommodate work, school and shopping, ICBA and the nation’s...

Oct 01, 2020
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Article
Cybersecurity