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SBA issues new PPP rule, applications
SBA issues new PPP rule, applications The SBA released its new interim final rule and new application forms implementing Paycheck Protection Program changes for sole proprietors and other borrowers...
Romero Rainey: ICBA pressing PPP reforms
Romero Rainey: ICBA pressing PPP reforms While Congress is fast-tracking the next stimulus package, problems with existing recovery programs remain unaddressed, ICBA President and CEO Rebeca Romero...
Meeting with constituents during CUNA’s virtual GAC? Here are some things to consider.
Meeting with constituents during CUNA’s virtual GAC? Here are some things to consider. Credit unions were created and granted a substantial tax exemption to serve “people of modest means.” However,...
SBA: New PPP rule coming soon
SBA: New PPP rule coming soon The SBA said it will "soon" publish a new Paycheck Protection Program interim final rule and issue a new application for Schedule C filers. Until then, it issued the...
Fed issues continuity tips for storm season
Fed issues continuity tips for storm season In a new post, the Federal Reserve provided resources on pre-storm planning, storm watching, and post-storm procedures The Federal Reserve released tips...
FS-ISAC Coronavirus Update, March 2, 2021
FS-ISAC Coronavirus Update, March 2, 2021 he $900 billion Covid relief bill passed in December with $600 stimulus checks and extra unemployment benefits, helped lift about 1.6 million Americans out...
IRS issues guidance on employee retention credit
IRS issues guidance on employee retention credit The IRS issued guidance for employers claiming the employee retention tax credit under the CARES Act. The guidance includes clarifications and...
SBA: PPP changes effective this week
SBA: PPP changes effective this week The SBA this week plans to issue an interim final rule detailing and implementing pending changes to the Paycheck Protection Program. The SBA this week plans to...
ICBA summarizes new House-passed stimulus plan
ICBA summarizes new House-passed stimulus plan ICBA released a summary of the House version of the $1.9 trillion American Rescue Plan Act (H.R. 1319), which the House passed Saturday on a nearly...
FS-ISAC Coronavirus Update, Feb. 26, 2021
FS-ISAC Coronavirus Update, Feb. 26, 2021 ollowing are today’s major Headlines, US Snapshots, US Vaccinations, US Variant Cases, key Highlights, the “Good Stuff” as well as key Statistics, Vaccine...
Oconee State Bank Taps FINBOA to Automate Back-Office Workflows
Oconee State Bank Taps FINBOA to Automate Back-Office Workflows Oconee State Bank has partnered with FINBOA, a leading innovator in digital automation and regulatory compliance for financial...
Fed payment services back up following disruption
Fed payment services back up following disruption Federal Reserve payment services are back online following a three-hour disruption yesterday that the Fed attributed to "operational error."...
PPP small borrower window opens, other reforms effective next week
PPP small borrower window opens, other reforms effective next week One of the Biden administration's Paycheck Protection Program reforms announced earlier this week started yesterday, with the rest...
Bill would expand farm partnership access to PPP
Bill would expand farm partnership access to PPP ICBA-supported legislation allowing farmers and ranchers categorized as partnerships to use gross income to calculate maximum Paycheck Protection...
COVID Relief Package Should Include USDA Business & Industry (B&I) Funding
COVID Relief Package Should Include USDA Business & Industry (B&I) Funding The B&I program is expected to exhaust current funding in the next few months and faces a projected $1 billion shortfall...
What I Have in Common with Matthew McConaughey: We Both Reinvented Our Careers
What I Have in Common with Matthew McConaughey: We Both Reinvented Our Careers ICBA Connect is a virtual experience that is designed to energize, inspire and bring community banking teams together....
CFPB announces plans to rethink QM rules
CFPB announces plans to rethink QM rules The Consumer Financial Protection Bureau said it expects to propose a rule to delay its Qualified Mortgage rule’s July 1 mandatory compliance date. The...
ICBA urges garnishment exemption for EIPs
ICBA urges garnishment exemption for EIPs ICBA and other groups urged Congress to include language in the next stimulus package exempting the third round of Economic Impact Payments from...
ICBA Encourages Americans to Celebrate Saving
ICBA Encourages Americans to Celebrate Saving During America Saves Week, the Independent Community Bankers of America reminds consumers that building a nest egg can help alleviate stress and...
Agencies announce relief for Texas winter storms
Agencies announce relief for Texas winter storms Federal and state agencies announced relief to institutions and taxpayers affected by this month's winter storms in Texas and other states. Federal...