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FS-ISAC Coronavirus Update, Jan. 22, 2021
FS-ISAC Coronavirus Update, Jan. 22, 2021 The US Centers for Disease Control and Prevention reported on Friday that 1.6 million more COVID-19 vaccines have been given out, the biggest single-day...
ICBA encouraging responses to advocacy survey
ICBA encouraging responses to advocacy survey ICBA is calling on community bankers to complete its State of Advocacy survey to help identify new and existing community banker relationships with...
FS-ISAC Coronavirus Update 2, Jan. 25, 2021
FS-ISAC Coronavirus Update 2, Jan. 25, 2021 The number of new US coronavirus cases reported over the past seven days is 22% lower than a week ago and the seven-day average has been trending down...
GAO seeking PPP feedback
GAO seeking PPP feedback The Government Accountability Office will be surveying a sample of Paycheck Protection Program lenders in the coming weeks to gather feedback about their experiences with...
ICBA Congratulates Janet Yellen on Treasury Secretary Confirmation
ICBA Congratulates Janet Yellen on Treasury Secretary Confirmation Independent Community Bankers of America President and CEO Rebeca Romero Rainey issued the following congratulatory statement on...
SBA working to identify potential PPP updates
SBA working to identify potential PPP updates The SBA on Saturday said it is working to ensure the Paycheck Protection Program appropriately accounts for the changes that businesses may have...
Yellen nomination advances in Senate
Yellen nomination advances in Senate The Senate Finance Committee unanimously approved the nomination of Janet Yellen for Treasury secretary. The committee vote sends Yellen's nomination to the...
ICBA seeks more gradual increase of same-day ACH limits
ICBA seeks more gradual increase of same-day ACH limits ICBA said it supports Nacha's plan to raise the individual same-day ACH transaction limit from $100,000 to $1 million in 2022. However, ICBA...
ICBA urges OCC to rescind CRA survey
ICBA urges OCC to rescind CRA survey ICBA encouraged the OCC to rescind its proposal to require national banks over $2.5 billion in assets to complete an Information Collection Survey to establish...
Biden expected to tap Michael Barr to head OCC
Biden expected to tap Michael Barr to head OCC President Joe Biden is expected to nominate former Treasury Department official Michael Barr for comptroller of the currency, according to reports...
IRS confirms SBA 7(a) payments no longer taxable income
IRS confirms SBA 7(a) payments no longer taxable income The IRS this week issued guidance clarifying that SBA payments on existing 7(a) and 504 loans under Section 1122 of the CARES Act are no...
FS-ISAC Coronavirus Update, Jan. 21, 2021
FS-ISAC Coronavirus Update, Jan. 21, 2021 The U.S. reported 4,409 COVID-related deaths on Wednesday, the highest number of daily fatalities on record, according to this latest coronavirus update...
PPP resources available directly from SBA
PPP resources available directly from SBA Community bankers have reported problems with NewsWatch Today links to the SBA's Paycheck Protection Program resources, including application forms and...
ICBA Welcomes President Joe Biden
ICBA Welcomes President Joe Biden Independent Community Bankers of America President and CEO Rebeca Romero Rainey issued a statement on the inauguration of Joe Biden as the 46th president of the...
FS-ISAC Coronavirus Update, Jan. 20, 2021
FS-ISAC Coronavirus Update, Jan. 20, 2021 The vaccine developed by Pfizer-BioNTech is likely to be just as effective against the highly transmissible strain of the coronavirus that was first...
Agencies issue FAQs on SARs
Agencies issue FAQs on SARs Federal regulators issued responses to frequently asked questions regarding Suspicious Activity Reports and other anti-money-laundering considerations. Federal...
Agencies finalize rules on supervisory guidance
Agencies finalize rules on supervisory guidance The FDIC, OCC, and CFPB issued final rules to clarify and codify the role of supervisory guidanc The FDIC, OCC, and CFPB issued final rules to...
FS-ISAC Coronavirus Update, Jan. 18, 2021
FS-ISAC Coronavirus Update, Jan. 18, 2021 Today's coronavirus update from FS-ISAC details the rising number of infections in California, the push to widen vaccinations across the country and the...
USDA finalizes hemp rule
USDA finalizes hemp rule The USDA issued its final rule regulating the production of hemp. The rule—which takes effect March 22—includes licensing and recordkeeping requirements, procedures for...
FS-ISAC Coronavirus Update, Jan. 15, 2021
FS-ISAC Coronavirus Update, Jan. 15, 2021 In today's coronavirus update from FS-ISAC, the Centers for Disease Control and Prevention says more than 11 million received their first coronavirus shots...