Search Articles
Community bank net income rises 10%: FDIC
Community bank net income rises 10%: FDIC Community bank net income increased 10 percent in the third quarter from the same time last year, according to the FDIC's Quarterly Banking Profile....
OCC reduces assessments for 2021
OCC reduces assessments for 2021 The OCC said it is reducing rates in all fee schedules by 3 percent for the 2021 calendar year. The reduced assessments go into effect Jan. 1. The OCC said it is...
CFPB issues final policy on advisory opinions
CFPB issues final policy on advisory opinions The Consumer Financial Protection Bureau issued its final policy on advisory opinions, which are designed to provide guidance to entities on...
Agencies encourage end of LIBOR-based contracts
Agencies encourage end of LIBOR-based contracts Federal regulators issued a joint statement encouraging banks to cease entering into new contracts that use U.S. dollar LIBOR as a reference rate as...
ICBA Statement on Janet Yellen's Treasury Secretary Nomination
ICBA Statement on Janet Yellen's Treasury Secretary Nomination Independent Community Bankers of America President and CEO Rebeca Romero Rainey issued a statement on Janet Yellen's nomination for...
Lincoln Savings Bank Among Top SBA Lenders in Iowa for FY 2020
Lincoln Savings Bank Among Top SBA Lenders in Iowa for FY 2020 Lincoln Savings Bank (LSB) is one of the top SBA lenders in the state of Iowa for fiscal year 2020, and a recipient of three SBA “Top...
FBI: cyber criminals targeting web-based email
FBI: cyber criminals targeting web-based email The FBI recently issued a Private Industry Notification warning that cyber criminals are taking advantage of the work-from-home environment to exploit...
ICBA: No disparate impact liability under ECOA
ICBA: No disparate impact liability under ECOA ICBA told the Consumer Financial Protection Bureau that "disparate impact" liability is not legally cognizable under the Equal Credit Opportunity Act....
Yellen nominated for Treasury secretary
Yellen nominated for Treasury secretary ICBA congratulated Janet Yellen on her nomination to serve as the next Treasury secretary. In a statement, ICBA President and CEO Rebeca Romero Rainey said...
Visa Global Economic Insights (Nov. 2020)
Visa Global Economic Insights (Nov. 2020) This month’s report includes details on: how advanced economies have recovered faster from the economic downturn; three distinct ways in which consumers...
Visa U.S. Small Business Outlook (Fall 2020)
Visa U.S. Small Business Outlook (Fall 2020) Wayne Best, Chief Economist at Visa, shares that “small businesses are far less likely to be delinquent on their credit cards. See full report for...
ICBA’s Independent Banker Reveals 2020 Best Community Banks to Work For
ICBA’s Independent Banker Reveals 2020 Best Community Banks to Work For Independent Banker magazine, the award-winning monthly publication of the Independent Community Bankers of America, today...
SBA issues instructions on "loan necessity" questionnaires
SBA issues instructions on "loan necessity" questionnaires The SBA issued to lenders a letter and instructions on the agency's "loan necessity" questionnaire for Paycheck Protection Program loans...
Register Today for the Virtual ICBA ThinkTECH Policy Summit
Register Today for the Virtual ICBA ThinkTECH Policy Summit ICBA is hosting a virtual ICBA ThinkTECH Policy Summit to bring the nation’s community banks together with key stakeholders to discuss...
ICBA calling for lame-duck grassroots
ICBA calling for lame-duck grassroots ICBA is calling on community bankers to urge Congress to pass much-needed economic stimulus measures during the lame-duck session. ICBA is calling on community...
ICBA guide details EIDL lien requirements
ICBA guide details EIDL lien requirements ICBA is reminding community bankers about the procedures for renewing or refinancing a line of credit for a borrower with an Economic Injury Disaster Loan....
ICBA pushes back on PPP 'loan necessity' questionnaire
ICBA pushes back on PPP 'loan necessity' questionnaire ICBA has raised questions about an SBA "loan necessity" questionnaire for Paycheck Protection Program loans of $2 million or more that appears...
OCC issues proposal on CRA general performance standards
OCC issues proposal on CRA general performance standards The OCC issued a proposed rule on Community Reinvestment Act general performance standards with a 60-day comment period. The OCC issued a...
FHFA raises conforming loan limits for 2021
FHFA raises conforming loan limits for 2021 The Federal Housing Finance Agency increased the maximum conforming loan limits for mortgages acquired by Fannie Mae and Freddie Mac in 2021. The Federal...
Bills would address EIDL-PPP conflict
Bills would address EIDL-PPP conflict ICBA recently expressed strong support for House and Senate legislation that would restore forgiveness for Economic Injury Disaster Loan Advance recipients who...