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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...

Dec 03, 2020
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Article

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...

Dec 02, 2020
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Article
Cybersecurity Data Security/Fraud

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...

Dec 01, 2020
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Article

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...

Nov 30, 2020
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Article
Advocacy Crisis Preparedness Lending

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...

Nov 24, 2020
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Article

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...

Nov 30, 2020
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Article
Crisis Preparedness Lending

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....

Nov 30, 2020
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Article
Advocacy Crisis Preparedness Lending

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...

Nov 25, 2020
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Article
Advocacy Crisis Preparedness

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...

Nov 25, 2020
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Article
Compliance Community Reinvestment Act (CRA)

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...

Nov 25, 2020
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Article
Mortgage Rules

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...

Nov 25, 2020
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Article
Advocacy Crisis Preparedness

OCC updates rule on activities and operations

OCC updates rule on activities and operations The OCC issued a final rule designed to update or eliminate outdated regulatory requirements. The OCC issued a final rule designed to update or...

Nov 24, 2020
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Article
Regulatory Relief

Shelton nomination doesn't advance as Brooks gets OCC nod

Shelton nomination doesn't advance as Brooks gets OCC nod Judy Shelton's Federal Reserve Board nomination failed to advance in the Senate as supportive Republican Sens. Charles Grassley (Iowa) and...

Nov 18, 2020
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Article
Federal Reserve

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....

Nov 18, 2020
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Article
Advocacy Crisis Preparedness Lending

Post-election briefing recording available

Post-election briefing recording available A recording of ICBA's latest Community Bank Briefing featuring a post-election and regulatory update is available for download. A recording of ICBA's...

Nov 16, 2020
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Article

ICBA offers new custom grassroots message

ICBA offers new custom grassroots message ICBA this week launched a new customizable grassroots message for community bankers urging Congress to include common-sense policies in any economic...

Nov 13, 2020
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Article
Advocacy Crisis Preparedness Lending

PPP loan forgiveness tops $38B

PPP loan forgiveness tops $38B The Small Business Administration said it has forgiven 367,321 Paycheck Protection Program loans worth $38.4 billion as of noon Sunday. The Small Business...

Nov 24, 2020
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Article
Advocacy Crisis Preparedness

Agencies respond to ICBA push on asset thresholds

Agencies respond to ICBA push on asset thresholds Federal regulators announced ICBA-advocated relief from regulatory burdens caused by participating in federal coronavirus response programs....

Nov 23, 2020
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Article
Compliance Crisis Preparedness

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...

Nov 23, 2020
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Article

ICBA seeks comment extension on OCC charter applications

ICBA seeks comment extension on OCC charter applications ICBA and other groups asked the OCC to extend the comment period on two national bank charter applications with Dec. 7 deadlines. ICBA and...

Nov 23, 2020
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Article
Office of the Comptroller of Currency (OCC)

ICBA pushes back on PPP 'loan necessity' questionnaire

ICBA pushes back on PPP 'loan necessity' questionnaire ICBA raised questions about an SBA "loan necessity" questionnaire for Paycheck Protection Program loans of $2 million or more that appears to...

Nov 18, 2020
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Article

FHFA issues 2021 multifamily loan purchase caps

FHFA issues 2021 multifamily loan purchase caps The Federal Housing Finance Agency said the 2021 multifamily loan purchase caps for Fannie Mae and Freddie Mac will be $70 billion for each...

Nov 18, 2020
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Article
Mortgage Rules Federal Housing Finance Agency

ICBA ThinkTECH Accelerator 2021 registration open

ICBA ThinkTECH Accelerator 2021 registration open Registration is now open for ICBA ThinkTECH Accelerator 2021, ICBA's collaboration with The Venture Center to foster innovative products and...

Nov 17, 2020
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Article

Advocacy push continues during lame-duck Congress

Advocacy push continues during lame-duck Congress While the 116th Congress winds down in the coming weeks, ICBA's efforts to pass much-needed economic stimulus measures continue unabated, ICBA's...

Nov 17, 2020
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Article
Crisis Preparedness

OCC rule updates licensing requirements

OCC rule updates licensing requirements The OCC released a final rule updating and clarifying licensing policies and procedures. The final rule makes various changes to the OCC’s Rules, Policies,...

Nov 17, 2020
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Article
Compliance

CFPB issues debt-collection compliance guide

CFPB issues debt-collection compliance guide The Consumer Financial Protection Bureau released a guide on its compliance aids related to its final rule implementing the Fair Debt Collection...

Nov 16, 2020
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Article
Compliance Compliance

DOJ sues to block Visa acquisition of Plaid

DOJ sues to block Visa acquisition of Plaid The Justice Department sued Visa to stop its $5.3 billion acquisition of Plaid, a fintech firm. The DOJ said Visa is a monopolist in online debit...

Nov 06, 2020
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Article
Fintech Regulation

ICBA raises questions over CDFI proposal

ICBA raises questions over CDFI proposal ICBA expressed concern with a CDFI Fund proposal that would diminish the number of Community Development Financial Institutions and threaten the survival of...

Nov 06, 2020
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Article
Community Reinvestment Act (CRA)

Unlimited webinars for educational binge-watching

Unlimited webinars for educational binge-watching Community Banker University's Unlimited Webinar Pass helps community bankers keep up with emerging trends and regulatory issues by offering...

Nov 05, 2020
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Article

EIDL-PPP grassroots push continues

EIDL-PPP grassroots push continues While ICBA works with policymakers to address Economic Injury Disaster Loan Advance deductions from PPP forgiveness amounts, it continues encouraging community...

Nov 04, 2020
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Article
Advocacy Crisis Preparedness

ICBA keeps up EIDL push as pressure rises

ICBA keeps up EIDL push as pressure rises ICBA is urging community bankers to direct borrowers to ICBA's small-business alert addressing Economic Injury Disaster Loan Advance deductions from PPP...

Nov 03, 2020
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Article

Senator ups pressure to address EIDL-PPP conflict

Senator ups pressure to address EIDL-PPP conflict Sen. Steve Daines (R-Mont.) called on Senate Small Business Committee leaders to resolve the conflict between Economic Injury Disaster Loan...

Nov 02, 2020
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Article

Payments continue going digital: BIS

Payments continue going digital: BIS The Bank for International Settlements reported sizable growth in digital payments across many leading economies prior to the coronavirus pandemic. The Bank for...

Nov 05, 2020
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Article
Payments

Coin Task Force seeks survey responses

Coin Task Force seeks survey responses The U.S. Coin Task Force is seeking feedback on a five-minute survey on coin circulation disruptions. Survey responses are due by close of business Wednesday,...

Nov 04, 2020
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Article
Advocacy

ICBA releasing election analysis tomorrow

ICBA releasing election analysis tomorrow With Election Day polls closing tonight, ICBA tomorrow will release an analysis on the 2020 election results and what they mean for community banks. With...

Nov 03, 2020
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Article

Fed increases access to Main Street Lending Program

Fed increases access to Main Street Lending Program The Federal Reserve Board reduced the minimum loan size for its Main Street Lending Program from $250,000 to $100,000 and adjusted fees to...

Nov 02, 2020
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Article

CFPB issues debt-collection rule with ICBA-advocated change

CFPB issues debt-collection rule with ICBA-advocated change The Consumer Financial Protection Bureau issued a final rule to implement the Fair Debt Collection Practices Act, which restricts debt...

Nov 02, 2020
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Article
Compliance Compliance

Agencies propose regulation on supervisory guidance

Agencies propose regulation on supervisory guidance Federal financial regulators invited comment on a proposal outlining and confirming the agencies’ use of supervisory guidance for regulated...

Oct 30, 2020
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Article
Regulatory Relief

Checks decline at faster pace as alternative payments grow: Fed

Checks decline at faster pace as alternative payments grow: Fed The Federal Reserve Board said the number of checks issued from 2015 to 2018 declined by 8.2 percent per year, a faster pace than the...

Oct 30, 2020
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Article
Federal Reserve

Alex Galeano Joins ICBA as SEVP and Chief Financial Officer

Alex Galeano Joins ICBA as SEVP and Chief Financial Officer The Independent Community Bankers of America today announced that Alex Galeano has joined the organization as senior executive vice...

Oct 28, 2020
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Article