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ICBA seeks streamlined Paycheck Protection Program process

ICBA seeks streamlined Paycheck Protection Program process ICBA called on the Treasury Department and SBA to make the Paycheck Protection Program loan-forgiveness process less complex and onerous...

Jun 09, 2020
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Article

Smaller lenders lead both PPP rounds: data

Smaller lenders lead both PPP rounds: data Lenders under $10 billion in assets have made more than 2.26 million Paycheck Protection Program loans worth more than $224 billion through both rounds of...

Jun 09, 2020
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Article

ICBA Welcomes Scott Brown as Vice President of Member Relations

ICBA Welcomes Scott Brown as Vice President of Member Relations The Independent Community Bankers of America today announced that Scott Brown has joined the association as vice president of member...

Jun 09, 2020
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Article

Three grassroots campaigns take on credit unions

Three grassroots campaigns take on credit unions ICBA is calling on community bankers to act on several grassroots campaigns related to the authority and oversight of tax-exempt credit unions. ICBA...

Jun 08, 2020
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Article
Credit Unions

ICBA and The American College Announce Scholarship for Veterans

ICBA and The American College Announce Scholarship for Veterans The Independent Community Bankers of America and The American College of Financial Services today announced a new “20 in 2020”...

Jun 09, 2020
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Article

Letter of Support for the Paycheck Protection for Producers Act

Letter of Support for the Paycheck Protection for Producers Act ICBA supports the Paycheck Protection for Producers Act," would modifies the calculation of the maximum loan amount for certain...

Jun 08, 2020
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Article
Agriculture

Passageways Honored to Win Seven Stevie® Awards at 2020 American Business Awards

Passageways Honored to Win Seven Stevie® Awards at 2020 American Business Awards We are delighted to announce that we’ve been named the recipient of seven Stevie® Awards at The American Business...

Jun 08, 2020
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Article

ICBA Testifies on Promoting Inclusive Lending During Pandemic

ICBA Testifies on Promoting Inclusive Lending During Pandemic The Independent Community Bankers of America® (ICBA) today testified before Congress on promoting inclusive lending during the pandemic...

Jun 03, 2020
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Article
Lending

Romero Rainey: Act now on PPP reform

Romero Rainey: Act now on PPP reform If community bankers are waiting for the right time to contact Congress on needed Paycheck Protection Program reforms, the wait is over, ICBA President and CEO...

Jun 03, 2020
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Article
Lending

Romero Rainey: press Senate on PPP reforms

Romero Rainey: press Senate on PPP reforms With the Senate considering Paycheck Protection Program reforms after the House passed its reform bill last week, community banks should urge lawmakers to...

Jun 02, 2020
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Article

OCC ruling clarifies permissible interest on transferred loans

OCC ruling clarifies permissible interest on transferred loans The OCC finalized its rule clarifying that when banks sell or assign a loan, interest permissible prior to the transfer continues to...

Jun 01, 2020
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Article
Lending

ICBA Pledges Multi-Year Commitment to Community Bank Innovation

ICBA Pledges Multi-Year Commitment to Community Bank Innovation The Independent Community Bankers of America today announced an additional three-year commitment to its ICBA ThinkTECH Accelerator...

Jun 08, 2020
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Article
Fintech Innovation

New legislation looks to address PPP restrictions

New legislation looks to address PPP restrictions On June 5, President Donald Trump signed legislation to address restrictions on the Small Business Administration’s (SBA) Paycheck Protection...

Jun 05, 2020
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Article
Advocacy Crisis Preparedness Lending

ICBA testifies on inclusive lending, PPP reform

ICBA testifies on inclusive lending, PPP reform ICBA testified before Congress on promoting inclusive lending during the coronavirus pandemic by community development financial institutions,...

Jun 05, 2020
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Article
Advocacy

Cyberattacks continue to rise amid outbreak

Cyberattacks continue to rise amid outbreak The attacks on community banks and their customers continue to rise, reinforcing the need to refocus on cybersecurity while adjusting to the “new...

Jun 03, 2020
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Article
Cybersecurity

ICBA, AIR and The Venture Center Gear Up for Second PPP Solutions Sprint

ICBA, AIR and The Venture Center Gear Up for Second PPP Solutions Sprint The Independent Community Bankers of America, in partnership with AIR, the Alliance for Innovative Regulation, and The...

Jun 02, 2020
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Article

Community bank hosts Pence for small-biz roundtable

Community bank hosts Pence for small-biz roundtable ICBA Minority Bank Advisory Council member George Andrews and others at Unity National Bank in Atlanta last week hosted top administration...

Jun 02, 2020
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Article

ICBA testifying tomorrow on CDFIs, minority banks

ICBA testifying tomorrow on CDFIs, minority banks ICBA is scheduled to testify tomorrow before Congress on community development financial institutions and minority depository institutions. ICBA is...

Jun 02, 2020
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Article
Minority Owned Depository Institutions (MDI)

Tell Congress PPP changes needed

Tell Congress PPP changes needed ICBA is calling on community bankers to provide Congress with policy recommendations to make the Paycheck Protection Program more workable for lenders and...

Jun 01, 2020
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Article

SBA and Treasury set aside $10B in PPP funding for CDFIs

SBA and Treasury set aside $10B in PPP funding for CDFIs The Small Business Administration and the Treasury Department announced plans to set aside $10 billion of round two of Paycheck Protection...

May 29, 2020
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Article

ICBA, state groups call for PPP reform

ICBA, state groups call for PPP reform ICBA and 43 state banking associations wrote to Congress seeking more workable forgiveness loan terms under the Small Business Administration’s Paycheck...

May 28, 2020
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Article
Advocacy Crisis Preparedness Lending

FDIC extends comment period on ILC proposal

FDIC extends comment period on ILC proposal The FDIC extended the public comment period for its proposed rule regarding industrial banks and industrial loan companies to July 1, 2020. The FDIC...

May 28, 2020
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Article
Lending

SBA: Resolve loans marked “research” in PPP portfolios

SBA: Resolve loans marked “research” in PPP portfolios The Small Business Administration sent out a notice reminding lenders that loans marked with a “research” status in their Paycheck Protection...

May 28, 2020
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Article

Finastra helps community banks provide critical financial support to small businesses

Finastra helps community banks provide critical financial support to small businesses New virtual lending solution for community lenders helps process loans for small businesses under the Paycheck...

May 21, 2020
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Article

FDIC issues CRA exam schedules

FDIC issues CRA exam schedules The FDIC issued the lists of institutions scheduled for Community Reinvestment Act examinations during the third and fourth quarter of 2020, as required by law. The...

Jun 01, 2020
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Article
Community Reinvestment Act (CRA)

ICBA Independent Banker Unveils Community Banking Industry’s 40 Under 40

ICBA Independent Banker Unveils Community Banking Industry’s 40 Under 40 Independent Banker magazine, the award-winning monthly publication of the Independent Community Bankers of America, today...

Jun 01, 2020
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Article

House passes PPP reform bill

House passes PPP reform bill The House voted 417-1 to pass legislation to ease restrictions on the Small Business Administration’s Paycheck Protection Program, as advocated for by ICBA. The House...

May 29, 2020
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Article

Fed provides update on Main Street Lending Program

Fed provides update on Main Street Lending Program The Federal Reserve Bank of Boston has provided additional guidance related to the Fed’s Main Street Lending Program for potential borrowers and...

May 29, 2020
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Article
Lending

ICBA comments on FDIC proposal to mitigate deposit-insurance impact of PPP

ICBA comments on FDIC proposal to mitigate deposit-insurance impact of PPP ICBA commended the FDIC’s proposal to partially mitigate the effects of participating in the Paycheck Protection Program...

May 28, 2020
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Article

ICBA Letter Regarding Paycheck Protection Programs Reforms

ICBA Letter Regarding Paycheck Protection Programs Reforms Community bankers across the country have worked tirelessly to deliver PPP loans quickly and successfully on behalf of thousands of small...

May 27, 2020
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Article
Advocacy Crisis Preparedness

Comment Letter to FDIC on Capital Treatment of PPP Loans

Comment Letter to FDIC on Capital Treatment of PPP Loans The Independent Community Bankers of America provides comment to the FDIC on a proposed rule that would mitigate the deposit insurance...

May 26, 2020
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Article
Advocacy Crisis Preparedness

ICBA Statement on Community Reinvestment Act Reform Rule

Independent Community Bankers of America President and CEO Rebeca Romero Rainey released the following statement on today's Office of the Comptroller of the Currency final rule to reform Community...

May 20, 2020
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Article
Community Reinvestment Act (CRA)

ICBA Names Leah Edwards AVP, Member Relations

ICBA Names Leah Edwards AVP, Member Relations The Independent Community Bankers of America today announced the promotion of Leah Edwards to assistant vice president of member relations, effective...

May 20, 2020
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Article

Adlumin Surpasses 50 Financial Institutions and Counting

Adlumin Surpasses 50 Financial Institutions and Counting Last month, Adlumin surpassed more than 50 financial institutions, among its other customers, with its cloud-native security and...

May 18, 2020
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Article

ICBA PPP Loan Campaign Connects Small Businesses with Community Banks While Funds Remain

ICBA PPP Loan Campaign Connects Small Businesses with Community Banks While Funds Remain The Independent Community Bankers of America today launched its Paycheck Protection Program loan campaign ...

May 18, 2020
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Article
Crisis Preparedness Lending

ICBA, AIR and The Venture Center to Host Virtual Showcase

ICBA, AIR and The Venture Center to Host Virtual Showcase The Independent Community Bankers of America, in partnership with AIR, the Alliance for Innovative Regulation and The Venture Center, will...

May 18, 2020
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Article
Lending

Atlantic Union Bank Accelerates SBA PPP Loan Application Submission Process with Newgen Software

Atlantic Union Bank Accelerates SBA PPP Loan Application Submission Process with Newgen Software Loan Application Submission into the SBA’s E-Tran in as little as a Minute Newgen Software Inc., a...

May 18, 2020
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Article

ICBA, AIR, and The Venture Center Team Up to Tackle Next Phase of PPP Process

ICBA, AIR, and The Venture Center Team Up to Tackle Next Phase of PPP Process The Independent Community Bankers of America, in partnership with AIR, the Alliance for Innovative Regulation, and The...

May 21, 2020
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Article
Technology

ICBA Issues Recommendations for Next Stimulus Package

ICBA Issues Recommendations for Next Stimulus Package The Independent Community Bankers of America® (ICBA) today provided comprehensive recommendations for Congress to consider including in the...

May 21, 2020
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Article
Advocacy Crisis Preparedness

ICBA Letter Regarding Additional COVID Response Recommendations

ICBA Letter Regarding Additional COVID Response Recommendations ICBA's CEO urges Congress to take into consideration recommendations developed in consultation with community bankers for inclusion...

May 21, 2020
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Article
Advocacy Crisis Preparedness