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FS-ISAC Coronavirus Update, May 6, 2021
FS-ISAC Coronavirus Update, May 6, 2021 The Small Business Administration said Wednesday that the Paycheck Protection Program has been exhausted, and as of Sunday, the PPP had given out nearly 10.8...
PPP general fund exhausted
PPP general fund exhausted The Paycheck Protection Program’s general fund was reportedly exhausted Tuesday ahead of the program’s May 31 authorization, though some PPP funds remain for certain...
CFPB reports on mortgage borrower challenges
CFPB reports on mortgage borrower challenges The Consumer Financial Protection Bureau said more needs to be done to help mortgage borrowers coping with the COVID-19 pandemic and economic downturn....
Independent Banker features 2020’s top performers
Independent Banker features 2020’s top performers The May issue of Independent Banker magazine spotlights the best-performing community banks of 2020. The May issue of Independent Banker magazine...
PPP funds could be exhausted soon
PPP funds could be exhausted soon The SBA reportedly told congressional offices that general Paycheck Protection Program funding could be exhausted soon. The SBA reportedly told congressional...
FS-ISAC Coronavirus Update, May 4, 2021
FS-ISAC Coronavirus Update, May 4, 2021 Confirmed coronavirus cases in the US rose at the slowest pace since the pandemic began in the week ended Sunday, according to data compiled by Johns Hopkins...
2021 Abrigo Business Lending Process Survey Results
2021 Abrigo Business Lending Process Survey Results During the first quarter of 2021, Abrigo surveyed nearly 250 lenders, credit analysts, chief credit officers, chief risk officers, and other...
Last chance for service award submissions
Last chance for service award submissions Today is the deadline to submit nominations and votes for ICBA’s updated National Community Bank Service Award program. This year’s awards recognize...
FS-ISAC Coronavirus Update, April 30, 2021
FS-ISAC Coronavirus Update, April 30, 2021 Hackers have targeted companies that distribute the COVID-19 vaccine to a degree previously unreported, according to research from IBM Security, and...
FS-ISAC Coronavirus Update, April 28, 2021
FS-ISAC Coronavirus Update, April 28, 2021 After a worrisome uptick in Covid-19 cases in the US in recent weeks, there are encouraging signs that the situation is beginning to stabilize, according...
ICBA urging messages to Congress today
ICBA urging messages to Congress today With hundreds of community bankers meeting virtually with congressional offices this week, ICBA today is urging community bankers nationwide to send...
IRS reporting plan would increase burdens: ICBA’s Merski
IRS reporting plan would increase burdens: ICBA’s Merski ICBA’s Paul Merski told Bloomberg that additional IRS reporting being floated this week by the Biden administration would increase...
CFPB reports on fair lending enforcement
CFPB reports on fair lending enforcement The Consumer Financial Protection Bureau issued its fair lending annual report to Congress describing its fair lending enforcement priorities and...
CFPB: More complaints from minority counties
CFPB: More complaints from minority counties The Consumer Financial Protection Bureau released a county-by-county analysis of consumer complaints. The bureau said it received more complaints per...
Credit union groups mixed on CRA-lite
Credit union groups mixed on CRA-lite Recently reintroduced Senate legislation to codify community outreach policies for community credit unions is getting a mixed reception from credit union...
CFPB delays new QM rule
CFPB delays new QM rule The Consumer Financial Protection Bureau issued a final rule formally delaying the mandatory compliance date of its recently modified general Qualified Mortgage final rule...
Community Bankers Advocate for Main Street in Meetings with Washington Policymakers This Week
Community Bankers Advocate for Main Street in Meetings with Washington Policymakers This Week Community bankers meet with key policymakers this week as part of the ICBA 2021 Capital Summit to...
ICBA launches crypto webinar series
ICBA launches crypto webinar series With 80 percent of bitcoin holders saying they would store it with their bank if offered, ICBA ThinkTECH’s new Cryptocurrency Demystified webinar series will...
SBA reopens shuttered venue grant program
SBA reopens shuttered venue grant program The SBA reopened the Shuttered Venue Operators Grant application portal after technology issues scuttled its April 8 launch. The SBA reopened the Shuttered...
OCC conditionally approves Paxos bank charter
OCC conditionally approves Paxos bank charter The OCC conditionally approved the ICBA-opposed trust bank charter application from Paxos, a cryptocurrency platform. The OCC conditionally approved...