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ICBA Outlines 2021 Priorities in Congressional Letter
ICBA Outlines 2021 Priorities in Congressional Letter ICBA outlined its 2021 community bank policy agenda in an open letter to Congress. The letter advocates ICBA’s pragmatic legislative...
SBA issues guidance on resolving PPP loan issues
SBA issues guidance on resolving PPP loan issues The SBA issued a procedural notice and additional resources on resolving issues with first-draw Paycheck Protection Program loans to ensure borrower...
Community banks outperform credit unions on overdraft: report
Community banks outperform credit unions on overdraft: report Community banks with less than $100 million in assets are offering better overdraft pricing to consumers than "rival" credit unions,...
FS-ISAC Coronavirus Update, Feb. 2, 2021
FS-ISAC Coronavirus Update, Feb. 2, 2021 This latest update from FS-ISAC says the nonpartisan Congressional Budget Office on Monday issued an improved economic outlook and said the labor market...
Smaller lenders leading again on PPP
Smaller lenders leading again on PPP Insured depository institutions under $10 billion in assets have made more than half of 2021 first- and second-draw Paycheck Protection Program loans, according...
ICBA urges expanded call report relief
ICBA urges expanded call report relief ICBA called on federal regulators to expand their efforts to streamline community bank call reporting to recognize the impact of Paycheck Protection Program...
FS-ISAC Coronavirus Update, Feb. 1, 2021
FS-ISAC Coronavirus Update, Feb. 1, 2021 Amid a sometimes chaotic rollout of vaccines across the US, health experts say a glimmer of good news has emerged, with recent reports of cases in nursing...
SBA updates PPP FAQs with BSA/AML guidance
SBA updates PPP FAQs with BSA/AML guidance The SBA updated its frequently asked questions on the Paycheck Protection Program with guidance on the Financial Crimes Enforcement Network and BSA/AML...
SBA issues tax guidance on relief payments
SBA issues tax guidance on relief payments The SBA issued several notices on its loan programs, including updated guidance on the tax implications of the six months of 7(a), 504, and Microloan...
What to Expect at ICBA Connect
What to Expect at ICBA Connect This year, ICBA’s annual convention will come in the form of ICBA Connect, an immersive livestreamed event on March 9 and 10 for community bank leaders and their...
FS-ISAC Coronavirus Breaking News, Jan. 29, 2021
FS-ISAC Coronavirus Breaking News, Jan. 29, 2021 Johnson & Johnson said Friday that its single-dose coronavirus vaccine was 72% effective in protecting against moderate and severe Covid-19 in the...
FS-ISAC Coronavirus Update, Jan. 28, 2021
FS-ISAC Coronavirus Update, Jan. 28, 2021 New Covid-19 cases continue to trend downward, with 16% fewer cases reported this week than last, but 95% of the US population lives in a county that the...
CISA - COVID-19 and Vaccine Distribution - Ongoing
CISA - COVID-19 and Vaccine Distribution - Ongoing The Cybersecurity and Infrastructure Security Agency announced a series of teleconferences on COVID-19 and vaccine distribution. The Cybersecurity...
FS-ISAC Coronavirus Update, Jan. 27, 2021
FS-ISAC Coronavirus Update, Jan. 27, 2021 More than 24.6 million doses of Covid-19 vaccine have been administered in the US, according to data published Wednesday by the US Centers for Disease...
USDA announces loan program flexibilities
USDA announces loan program flexibilities The USDA announced the temporary suspension of past-due debt collections and foreclosures for distressed borrowers under the Farm Service Agency's Farm...
SBA issues guidance on 7(a), 504 programs
SBA issues guidance on 7(a), 504 programs In addition to its guidance on PPP loan issues, the SBA also issued guidance on Economic Aid Act provisions affecting the agency's 7(a) and 504 loan...
FS-ISAC Coronavirus Update, Jan. 26, 2021
FS-ISAC Coronavirus Update, Jan. 26, 2021 The Centers for Disease Control and Prevention reported today that nearly 20 million people have received at least one dose of the vaccine, and nearly 3.5...
SBA plans improvements to PPP loan reviews
SBA plans improvements to PPP loan reviews The SBA said it is working to improve reviews of first-draw Paycheck Protection Program loans. The agency said anomalies—mostly data mismatches and...
ICBA advocacy briefing this week
ICBA advocacy briefing this week ICBA's next Community Bank Briefing with an update from Washington is set for 2 p.m. (Eastern time) this Thursday, Jan. 28. ICBA's next Community Bank Briefing with...
FS-ISAC Coronavirus Update, Jan. 25, 2021
FS-ISAC Coronavirus Update, Jan. 25, 2021 The latest coronavirus update from FS-ISAC reports that a bipartisan group of US lawmakers met virtually with Biden administration officials Sunday to push...