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ICBA working with agencies on reducing TRID burden

ICBA working with agencies on reducing TRID burden ICBA announced a collaboration with the Federal Reserve and Consumer Financial Protection Bureau to test certain community bank-inspired...

Oct 02, 2020
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Article
Compliance

Fed's Brainard: Community banks key to CRA modernization

Fed's Brainard: Community banks key to CRA modernization The Federal Reserve relied on ICBA and community bank input in developing its recent advance notice of proposed rulemaking on modernizing...

Oct 02, 2020
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Article
Community Reinvestment Act (CRA)

FinCEN warns of cryptocurrency risk

FinCEN warns of cryptocurrency risk Banks should expect examiners and the Financial Crimes Enforcement Network to ask about risk exposure related to virtual currencies, FinCEN Director Kenneth...

Oct 01, 2020
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Article
Cybersecurity Technology

Flood insurance extension passes

Flood insurance extension passes The Senate passed a short-term spending package that includes a one-year extension of the National Flood Insurance Program. The Senate passed a short-term spending...

Oct 01, 2020
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Article
Flood Insurance

ICBA Offers Cybersecurity Tips So Consumers Can Connect Online with Confidence

ICBA Offers Cybersecurity Tips So Consumers Can Connect Online with Confidence As Americans venture online in greater numbers to accommodate work, school and shopping, ICBA and the nation’s...

Oct 01, 2020
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Article
Cybersecurity

ICBA to Participate in 'Sandbox' Project to Improve Mortgage Rules

ICBA to Participate in 'Sandbox' Project to Improve Mortgage Rules ICBA President and CEO Rebeca Romero Rainey issued a statement on TILA-RESPA Integrated Disclosure Rule innovation during today's...

Oct 01, 2020
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Article
Mortgage Rules

Enlist small businesses in PPP push

Enlist small businesses in PPP push ICBA is now calling on community bankers to enlist small-business customers in urging Congress to immediately pass legislation to simplify Paycheck Protection...

Oct 01, 2020
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Article
Advocacy Crisis Preparedness Lending

Bowman: Community banks critical to PPP

Bowman: Community banks critical to PPP Community banks were essential to the success of the Paycheck Protection Program by serving the smallest businesses outside the focus of larger banks,...

Oct 01, 2020
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Article
Crisis Preparedness Lending

ICBA, agency roundtable on homeownership today

ICBA, agency roundtable on homeownership today ICBA President and CEO Rebeca Romero Rainey is scheduled to join top regulators at 3 p.m. (Eastern time) today for a virtual roundtable discussion on...

Oct 01, 2020
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Article
Housing Finance/GSEs

Comment Letter Regarding DOJ's Bank Merger Competitive Review Guidelines

Comment Letter Regarding DOJ's Bank Merger Competitive Review Guidelines The competitive landscape of the banking industry has changed substantially since the Bank Merger Competitive Review...

Sep 30, 2020
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Article
Too-Big-To-Fail/Systemic Risk

Hearing on fintech payments framework

Hearing on fintech payments framework While Congress continues to work on another stimulus package, the House Financial Services Committee has a virtual hearing this week on fintech payments. While...

Sep 28, 2020
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Article
Fintech Regulation

Regulator council backs stricter GSE capital standards

Regulator council backs stricter GSE capital standards The Financial Stability Oversight Council largely endorsed the Federal Housing Finance Agency's proposal to raise capital requirements on...

Sep 28, 2020
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Article
Lending Mortgage Rules

ICBA to Congress: Simplify PPP forgiveness

ICBA to Congress: Simplify PPP forgiveness ICBA urged Congress to immediately pass stand-alone legislation to simplify Paycheck Protection Program loan forgiveness to preserve the success of the...

Sep 28, 2020
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Article
Advocacy Crisis Preparedness

ICBA to Congress: Help Small Businesses by Simplifying PPP Forgiveness

ICBA to Congress: Help Small Businesses by Simplifying PPP Forgiveness ICBA today urged Congress to immediately pass stand-alone legislation to help millions of small businesses by simplifying...

Sep 25, 2020
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Article
Advocacy Crisis Preparedness Lending

Congress to agencies: Act on PPP asset-threshold impact

Congress to agencies: Act on PPP asset-threshold impact ICBA's push for policymakers to address the impact of Paycheck Protection Program loans on regulatory asset thresholds continued making...

Sep 25, 2020
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Article
Advocacy Crisis Preparedness Lending

Virtual BSA/AML Institute in November

Virtual BSA/AML Institute in November With the regulatory agencies committing to tougher and more inclusive BSA/AML exams, Community Banker University is hosting an upcoming BSA/AML Institute. With...

Sep 29, 2020
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Article
Compliance

PPP loan-forgiveness problems make news

PPP loan-forgiveness problems make news Politico reported on the frustrations of community banks and other lenders with the Paycheck Protection Program's loan-forgiveness process. Politico reported...

Sep 29, 2020
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Article
Advocacy Crisis Preparedness

ICBA opposes threshold change on securities filings

ICBA opposes threshold change on securities filings ICBA filed a comment letter opposing the SEC's proposal to raise the threshold over which institutional investment managers are required to file...

Sep 29, 2020
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Article
Securities Exchange Commission (SEC)

ICBA Statement for PPP Hearing 9-25-2020

ICBA Statement for PPP Hearing 9-25-2020 A simplified forgiveness process is urgently needed to ensure the PPP does not become a quagmire of red tape for lenders and borrowers, distracting them...

Sep 25, 2020
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Article
Advocacy Crisis Preparedness Lending

ICBA pressing PPP relief in hearing statement

ICBA pressing PPP relief in hearing statement ICBA today is repeating its call for a simplified Paycheck Protection Program forgiveness process in a statement for a House subcommittee hearing. ICBA...

Sep 25, 2020
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Article
Advocacy Crisis Preparedness Lending