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PPP forgiveness platform now live

PPP forgiveness platform now live The Small Business Administration's Paycheck Protection Program forgiveness platform is live and scheduled to begin accepting loan-forgiveness applications and...

Aug 10, 2020
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Article
Crisis Preparedness Lending

Capital Assessment, Capital Planning Are Critical as Coronavirus Creates Chaos

Capital Assessment, Capital Planning Are Critical as Coronavirus Creates Chaos Stress testing and capital planning are important for financial institutions in good times, but they are even more...

Aug 07, 2020
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Article

SBA details PPP forgiveness platform

SBA details PPP forgiveness platform A Small Business Administration user guide offers details on the Paycheck Protection Program forgiveness platform scheduled to go live this Monday, Aug. 10. A...

Aug 07, 2020
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Article
Crisis Preparedness

Main Street, Inc. Acquires Marketing Technology Software Provider Onovative

Main Street, Inc. Acquires Marketing Technology Software Provider Onovative Main Street, Inc., a leading provider of data-driven print services to community financial institutions across the...

Aug 11, 2020
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Article

ICBA payments brief focuses on small biz

ICBA payments brief focuses on small biz ICBA's latest Payments Executive Brief focuses on how community banks can use payments to take advantage of small-business opportunities. ICBA's latest...

Aug 11, 2020
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Article

Visa American Mood Trend (August 2020)

Visa American Mood Trend (August 2020) Visa’s economists report on the dip in consumer confidence in July, how back-to-school spending will differ in 2020, and expectations for business conditions...

Aug 10, 2020
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Article

Grassroots push continues amid stimulus debate

Grassroots push continues amid stimulus debate As negotiations over the next emergency stimulus package continue, ICBA is calling on community bankers to urge needed reforms. As negotiations over...

Aug 10, 2020
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Article
Crisis Preparedness

ICBA seeks clear rules on PPP agent relationships

ICBA seeks clear rules on PPP agent relationships ICBA called on the Treasury Department and SBA to clarify rules on Paycheck Protection Program fees paid to agents that assist borrowers or...

Aug 10, 2020
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Article

USDA survey measuring areas for improvement

USDA survey measuring areas for improvement The USDA announced a new annual survey of farmers, ranchers and private forestland owners. The USDA announced a new annual survey of farmers, ranchers...

Aug 10, 2020
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Article
Agriculture

TCM Bank Announces New Board Members

TCM Bank Announces New Board Members TCM Bank, N.A., a subsidiary of ICBA Bancard, announced that Gregory Hohl, chairman and president of Wahoo State Bank in Wahoo, Nebraska, and Jeff Newgard,...

Aug 07, 2020
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Article

ICBA Names Michael Marshall as Director of Regulatory, Legal Affairs

ICBA Names Michael Marshall as Director of Regulatory, Legal Affairs The Independent Community Bankers of America announced today the hire of its government relations legal intern Michael Marshall...

Aug 07, 2020
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Article

Bipartisan bill offers relief to USDA borrowers

Bipartisan bill offers relief to USDA borrowers ICBA-supported legislation to provide loan relief to rural communities was introduced in the House and Senate. ICBA-supported legislation to provide...

Aug 07, 2020
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Article
Agriculture Crisis Preparedness

FHFA: landlords must inform tenants of protections

FHFA: landlords must inform tenants of protections The Federal Housing Finance Agency said multifamily property owners with mortgages backed by Fannie Mae or Freddie Mac that enter into forbearance...

Aug 07, 2020
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Article
Federal Housing Finance Agency

Fed announces details of real-time payments service

Fed announces details of real-time payments service The Federal Reserve Board released details of its forthcoming FedNow real-time payments service, which it is seeking to launch in 2023 or 2024....

Aug 07, 2020
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Article
Payments

ICBA continues pushing key stimulus policies

ICBA continues pushing key stimulus policies With Congress and the Trump administration negotiating the next stimulus package, ICBA continues calling on community bankers to urge needed reforms....

Aug 06, 2020
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Article
Crisis Preparedness

Senate panel approves NCUA, SEC nominees

Senate panel approves NCUA, SEC nominees The Senate Banking Committee approved the nominations of Kyle Hauptman for the National Credit Union Administration Board as well as Hester Peirce and...

Aug 06, 2020
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Article
Credit Unions

ICBA urges PPP reforms ahead of expiration

ICBA urges PPP reforms ahead of expiration ICBA expressed strong support for Senate Small Business Committee Chairman Marco Rubio's (R-Fla.) efforts to renew and simplify the Paycheck Protection...

Aug 07, 2020
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Article
Crisis Preparedness

Cybersecurity agency releases resiliency guide

Cybersecurity agency releases resiliency guide The Cybersecurity and Infrastructure Security Agency this week issued a fact sheet highlighting cyber resiliency resources provided by the federal...

Aug 06, 2020
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Article
Cybersecurity

USDA extends deadlines, defers interest accrual

USDA extends deadlines, defers interest accrual USDA's Risk Management Agency said it will authorize approved insurance providers to extend deadlines for premium and administrative fee payments....

Aug 06, 2020
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Article
Agriculture

FinCEN issues FAQs on customer due diligence

FinCEN issues FAQs on customer due diligence The Financial Crimes Enforcement Network issued responses to three frequently asked questions regarding customer due diligence requirements for covered...

Aug 04, 2020
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Article
Compliance