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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...
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...
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...
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...
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...
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...
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...
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...