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ICBA Offers Tips to Help Demystify the Home Buying Process

ICBA Offers Tips to Help Demystify the Home Buying Process In recognition of National Homeownership Month in June, ICBA and the nation’s community banks are reminding consumers to consult their...

Jun 02, 2021
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Article
Housing Finance/GSEs

ICBA updates data privacy guide

ICBA updates data privacy guide ICBA this week released an updated guide for community banks on data privacy laws and regulations. The guide is available here and in the Cyber and Data Security...

May 28, 2021
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Article
Cybersecurity

CFPB: Manufactured housing borrowers have higher interest rates

CFPB: Manufactured housing borrowers have higher interest rates Roughly 42 percent of loans for manufactured homes are secured by “chattel” loans secured by the home but not the land, according to...

May 28, 2021
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Article
Compliance

ICBA, Minority Bank Council: Housing Finance Amendments Hurt Low-Income, Minority Borrowers

ICBA, Minority Bank Council: Housing Finance Amendments Hurt Low-Income, Minority Borrowers ICBA and its Minority Bank Advisory Council urged the Treasury Department and Federal Housing Finance...

May 27, 2021
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Article
Minority Owned Depository Institutions (MDI) Housing Finance/GSEs

ICBA urges House to oppose ‘true lender’ repeal

ICBA urges House to oppose ‘true lender’ repeal ICBA and other groups today are urging House members to oppose a Senate-passed resolution to repeal the OCC’s “true lender” rule. ICBA and other...

May 25, 2021
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Article
Lending

FS-ISAC Coronavirus Update, May 24, 2021

FS-ISAC Coronavirus Update, May 24, 2021 A new study conducted between April and May led by Public Health England has found that two doses of either the Pfizer-BioNTech or AstraZeneca-University of...

May 24, 2021
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Article
Advocacy Operational Risk Crisis Preparedness

GAO urges agency collaboration re: alternative data use

GAO urges agency collaboration re: alternative data use The Government Accountability Office reissued its recommendation to the FDIC for enhanced collaboration with other financial regulators...

Jun 02, 2021
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Article
Regulatory Relief

ICBA, Independent Banker Spotlights Community Bank Emerging Leaders in Annual 40 under 40 List

ICBA, Independent Banker Spotlights Community Bank Emerging Leaders in Annual 40 under 40 List Independent Banker magazine, the award-winning monthly publication of the Independent Community...

Jun 01, 2021
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Article

PPP funding exhausted as loan application deadline passes

PPP funding exhausted as loan application deadline passes The Paycheck Protection Program closed to new loan applications more than a year and several iterations after the emergency program was...

Jun 01, 2021
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Article
Crisis Preparedness Lending

Fed proposes changes to intraday credit policy

Fed proposes changes to intraday credit policy The Federal Reserve Board requested public comment on proposed changes to its policy governing the provision of intraday credit, or daylight...

Jun 01, 2021
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Article
Federal Reserve

Event on LIBOR transition next week

Event on LIBOR transition next week The Alternative Reference Rates Committee said it is holding an event next week on the impact of the transition from LIBOR to the Secured Overnight Financing...

Jun 01, 2021
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Article
Lending

FS-ISAC Coronavirus Update, June 2, 2021

FS-ISAC Coronavirus Update, June 2, 2021 With about 34,500 new cases reported last week, the US saw the lowest number of weekly Covid-19 cases among children since early October, the American...

Jun 01, 2021
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Article
Advocacy Operational Risk Crisis Preparedness

Remove GSE product restrictions: ICBA, minority bank council

Remove GSE product restrictions: ICBA, minority bank council ICBA and its Minority Bank Advisory Council this week urged the Treasury Department and Federal Housing Finance Agency to reopen...

May 28, 2021
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Article
Minority Owned Depository Institutions (MDI) Housing Finance/GSEs

ICBA releases new banklocally.org video

ICBA releases new banklocally.org video ICBA released its latest video in a series on how community banks have partnered with small businesses during the pandemic to help them navigate the Paycheck...

May 25, 2021
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Article
Advocacy

USDA to begin paying off direct loans to minority farmers

USDA to begin paying off direct loans to minority farmers The USDA announced the initial phase of plans to pay off USDA direct loans to socially disadvantaged (SDA) farmers and ranchers. It will...

May 24, 2021
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Article
Agriculture

OCC reconsidering CRA final rule

OCC reconsidering CRA final rule ICBA expressed support for an OCC announcement that it will reconsider its Community Reinvestment Act rulemakings and information collection. ICBA expressed support...

May 19, 2021
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Article
Compliance

NCUA chairman seeks CUSO oversight authority

NCUA chairman seeks CUSO oversight authority The head of the National Credit Union Administration is scheduled to testify today on behalf of ICBA-supported legislation to expand oversight of...

May 19, 2021
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Article
Credit Unions

FS-ISAC Coronavirus Update, May 19, 2021

FS-ISAC Coronavirus Update, May 19, 2021 Dr. Anthony Fauci said Tuesday that the nation is on track to begin vaccinating children under 12 before next year. Headlines The Department of Defense...

May 19, 2021
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Article
Advocacy Operational Risk Crisis Preparedness

FDIC requests comments on digital assets

FDIC requests comments on digital assets The FDIC requested comments within 60 days about insured depository institutions’ current and potential digital asset activities. The FDIC requested...

May 18, 2021
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Article
Digital Assets Payments

Voting open for People's Choice Award videos

Voting open for People's Choice Award videos Community bankers can now vote on ICBA’s National Community Bank Service Awards People's Choice Award videos. Community bankers can now vote on ICBA’s...

May 24, 2021
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Article
Advocacy