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Fed's Powell testifying this week

Fed's Powell testifying this week Federal Reserve Chairman Jerome Powell is slated to testify this week before the Senate Banking Committee and House Financial Services Committee on the agency's...

Feb 22, 2021
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Article
Federal Reserve

Minority bank webinar on evaluating capital opportunities

Minority bank webinar on evaluating capital opportunities ICBA, ICBA Securities, and Vining Sparks are hosting a complimentary webinar for FDIC-designated Minority Depository Institutions on...

Feb 22, 2021
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Article
Minority Owned Depository Institutions (MDI)

USDA announces dealer trust for livestock sellers

USDA announces dealer trust for livestock sellers The USDA Agricultural Marketing Service announced a new Dealer Statutory Trust for livestock sellers, in accordance with the year-end...

Feb 19, 2021
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Article
Agriculture

ICBA updates 'Return to the New Normal' guide

ICBA updates 'Return to the New Normal' guide ICBA updated its "Return to the New Normal" guide featuring suggestions to help community banks resume more normal operations and person-to-person...

Feb 18, 2021
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Article
Advocacy Crisis Preparedness Lending

ICBA issues summary on new BSA/AML law

ICBA issues summary on new BSA/AML law ICBA recently issued a summary on the defense spending law enacted at the beginning of the year that includes BSA/AML reforms. ICBA recently issued a summary...

Feb 18, 2021
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Article
Bank Secrecy Act/Anti-Money Laundering Act (BSA/AML)

FS-ISAC Coronavirus Update, Feb. 17, 2021

FS-ISAC Coronavirus Update, Feb. 17, 2021 A new report published in the New England Journal of Medicine on Wednesday suggests that Pfizer-BioNTech’s Covid-19 vaccine can protect people against...

Feb 18, 2021
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Article
Advocacy Operational Risk Crisis Preparedness

Government measures target North Korean cybercrime

Government measures target North Korean cybercrime The Justice Department indicted three North Korean computer programmers for participating in a series of cyberattacks designed to steal and extort...

Feb 18, 2021
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Article
Cybersecurity

SBA shortens period for relief payments

SBA shortens period for relief payments The SBA issued new guidance adjusting the number of months of 7(a), 504, and Microloan payments it is making for borrowers under Section 1112 of the CARES...

Feb 17, 2021
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Article
Advocacy Crisis Preparedness Lending