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Fed updates FAQs on Main Street Lending Program
Fed updates FAQs on Main Street Lending Program The Federal Reserve Board updated its frequently asked questions on the Main Street Lending Program to clarify expectations regarding lender...
ICBA seeks PPP accounting simplification
ICBA seeks PPP accounting simplification ICBA asked the federal banking regulators to allow community banks to recognize Paycheck Protection Program fees as income in their call reports. ICBA asked...
New FDIC academic challenge focuses on community banks
New FDIC academic challenge focuses on community banks The FDIC launched the agency’s first-ever Academic Challenge, which will be focused on the effects of community banks on local economic...
Fed vote today on CRA reform notice
Fed vote today on CRA reform notice The Federal Reserve Board is scheduled to vote today on an advance notice of proposed rulemaking on Community Reinvestment Act regulation. The Federal Reserve...
PPP complexity could limit effectiveness: GAO
PPP complexity could limit effectiveness: GAO The complexity and lack of guidance surrounding Paycheck Protection Program loan forgiveness could limit the effectiveness of future rounds of the...
House passes ICBA-backed minority bank bill
House passes ICBA-backed minority bank bill The House passed ICBA-supported legislation that would modify regulatory processes to support Minority Depository Institutions. The House passed...
Treasury, IRS lack info on EIP non-filers: GAO
Treasury, IRS lack info on EIP non-filers: GAO The Treasury Department and IRS lack updated information on how many eligible Economic Impact Payment recipients have yet to receive their funds, the...
ICBA Response to FDIC Request for Information
ICBA Response to FDIC Request for Information ICBA welcomes the opportunity to respond to the FDIC's request for information hat seeks input on whether a standard-setting and...