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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