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PPP calculator bill introduced in Senate

PPP calculator bill introduced in Senate ICBA thanked Sens. Angus King (I-Maine) and John Kennedy (R-La.) for introducing legislation to establish a free online calculator to complete Paycheck...

Jul 07, 2020
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Article

House subcommittee set to pass ag appropriations

House subcommittee set to pass ag appropriations The House Appropriations Agriculture Subcommittee adopted fiscal 2021 agriculture and rural development legislation. The House Appropriations...

Jul 07, 2020
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Article
Agriculture

ICBA on PPP extension: Community banks a lifeline

ICBA on PPP extension: Community banks a lifeline ICBA said community banks will continue working to meet the needs of their communities after Congress passed and President Trump signed a law...

Jul 06, 2020
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Article
Advocacy Crisis Preparedness

United Bankers’ Bank and MK Decision Partnership Brings Business Credit Card Origination Online for 75+ Banks in 15-State Footprint

United Bankers’ Bank and MK Decision Partnership Brings Business Credit Card Origination Online for 75+ Banks in 15-State Footprint United Bankers’ Bank (UBB), a $996 million-asset correspondent...

Jul 02, 2020
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Article

Senate bill would forgive PPP loans under $150K

Senate bill would forgive PPP loans under $150K Senate Banking Committee member Kevin Cramer (R-N.D.) introduced ICBA-supported legislation that would forgive Paycheck Protection Program loans...

Jul 02, 2020
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Article

ICBA's Merski talks community banks on business podcast

ICBA's Merski talks community banks on business podcast ICBA's Paul Merski discussed the benefits of community banks to small businesses and local communities in a new podcast interview. ICBA's...

Jul 06, 2020
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Article

CFPB begins implementing escrow exemption

CFPB begins implementing escrow exemption The Consumer Financial Protection Bureau issued a proposed rule to implement ICBA-supported relief from mandatory escrow requirements for higher-priced...

Jul 06, 2020
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Article
Compliance Mortgage Rules

Edward Jones applies for ILC

Edward Jones applies for ILC The Jones Financial Companies said it has applied with the FDIC and Utah Department of Financial Institutions to establish the Edward Jones Bank industrial loan...

Jul 06, 2020
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Article
Lending

ICBA Statement on Paycheck Protection Program Extension

ICBA Statement on Paycheck Protection Program Extension Independent Community Bankers of America President and CEO Rebeca Romero Rainey released a statement on congressional passage of legislation...

Jul 02, 2020
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Article

Merchants and Planters Bank and MK Decision Partner to Deliver Online Credit Card Applications to their Customers

Merchants and Planters Bank and MK Decision Partner to Deliver Online Credit Card Applications to their Customers MK Decision (MK), the leader in credit card loan origination announced today its...

Jul 02, 2020
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Article

Independent Banker: Small biz loves community banks

Independent Banker: Small biz loves community banks The July issue of Independent Banker magazine focuses on why small businesses love their community banks—especially now. The cover story profiles...

Jul 02, 2020
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Article
Advocacy

House sends PPP extension to president

House sends PPP extension to president The House passed legislation to extend the Paycheck Protection Program application deadline until Aug. 8, sending it to President Donald Trump to be signed...

Jul 02, 2020
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Article

ICBA to FDIC: Commercial firms should not own ILCs

ICBA to FDIC: Commercial firms should not own ILCs ICBA commended the FDIC for working to strengthen its supervisory processes for non-commercial parent companies of industrial loan companies, but...

Jul 02, 2020
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Article
Lending

FDIC ILC Rule Comment Letter

FDIC ILC Rule Comment Letter The Independent Community Bankers of America appreciates this opportunity to provide feedback to the Federal Deposit Insurance Corporation’s request for comments in...

Jul 01, 2020
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Article
Commerce & Banking

ICBA: Bill to establish PPP calculator supports small biz

ICBA: Bill to establish PPP calculator supports small biz ICBA thanked Reps. Ann Wagner (R-Mo.) and Wm. Lacy Clay (D-Mo.) for introducing legislation to establish a free online calculator to...

Jul 01, 2020
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Article

ICBA urges passage of military-banking parity

ICBA urges passage of military-banking parity ICBA urged congressional leaders to support a provision of the Senate's 2021 National Defense Authorization Act that would promote parity between banks...

Jul 01, 2020
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Article
Military Lending

ICBA Opposes Rakuten's Resubmitted ILC Application

ICBA Opposes Rakuten's Resubmitted ILC Application The Independent Community Bankers of America® (ICBA) called on the Federal Deposit Insurance Corp. to deny Rakuten Bank America’s resubmitted...

Jun 30, 2020
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Article
Commerce & Banking

Bill would establish PPP loan-forgiveness calculator

Bill would establish PPP loan-forgiveness calculator Reps. Ann Wagner (R-Mo.) and Wm. Lacy Clay (D-Mo.) introduced legislation to establish a free online calculator to complete Paycheck Protection...

Jun 30, 2020
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Article

ICBA backs amendment to advance 'beneficial owner' reform

ICBA backs amendment to advance 'beneficial owner' reform ICBA and other groups called on Senate leaders to include "beneficial ownership" disclosure relief in the 2021 National Defense...

Jun 30, 2020
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Article
Regulatory Relief

Regulators warn of LIBOR transition risks

Regulators warn of LIBOR transition risks Financial regulators issued a joint statement highlighting the risks of transitioning from LIBOR. The Federal Financial Institutions Examination Council...

Jul 02, 2020
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Article
Lending