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CFPB updates Reg Z thresholds

CFPB updates Reg Z thresholds The Consumer Financial Protection Bureau issued a final rule with its annual amendments to dollar amounts for several provisions in Regulation Z. The Consumer...

Jul 21, 2020
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Article
Consumer Financial Protection Bureau (CFPB) Compliance

PPP data show community banks stepping up: blog

PPP data show community banks stepping up: blog The SBA's release of Paycheck Protection Program loan data confirms that community banks have led the way in supporting the economic recovery in...

Jul 23, 2020
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Article

Employee retention tax credit deadline is July 31

Employee retention tax credit deadline is July 31 July 31 is the second-quarter deadline to report the Employee Retention Tax Credit to the IRS on Form 941s. July 31 is the second-quarter deadline...

Jul 23, 2020
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Article
Crisis Preparedness Taxes & Budget

Credit union favoritism harms troops: op-ed

Credit union favoritism harms troops: op-ed A federal law allowing tax-exempt credit unions to operate rent-free is shrinking the availability of banking options to service members, ICBA community...

Jul 21, 2020
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Article
Military Lending

Stats show community bank PPP impact: blog

Stats show community bank PPP impact: blog A recent report by the Institute for Local Self-Reliance shows how vital community banks have been to the COVID-19 response, ICBA President and CEO Rebeca...

Jul 21, 2020
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Article
Crisis Preparedness

Visa’s U.S. Economic Outlook (July 2020)

Visa’s U.S. Economic Outlook (July 2020) Though there are few changes to note since the June Outlook report, the downside risks to the outlook are clearly rising. Though there are few changes to...

Jul 20, 2020
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Article

USDA, SBA loans exempt from environmental rule

USDA, SBA loans exempt from environmental rule The Council on Environmental Quality issued an ICBA-supported final rule to exempt USDA and SBA guaranteed loans from proposed environmental impact...

Jul 20, 2020
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Article
Lending

FHFA extends housing goals due to COVID-19

FHFA extends housing goals due to COVID-19 The Federal Housing Finance Agency's proposed 2021 housing goals for Fannie Mae and Freddie Mac that are unchanged from 2018-2020 due to the COVID-19...

Jul 21, 2020
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Article
Crisis Preparedness