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Op-ed notes rising credit union acquisitions in the Midwest

Op-ed notes rising credit union acquisitions in the Midwest The recent purchase of West End Bank by 3Rivers Federal Credit Union last month, is part of a disturbing trend of large, billion-dollar...

Aug 14, 2020
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Article
Credit Unions

ICBA Statement on Fannie Mae/Freddie Mac Decision to Impose 50 Basis Point Fee on Mortgage Refinances

ICBA Statement on Fannie Mae/Freddie Mac Decision to Impose 50 Basis Point Fee on Mortgage Refinances The Independent Community Bankers of America today issued a statement regarding the recent...

Aug 13, 2020
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Article
Mortgage Rules Housing Finance/GSEs

ICBA kicks off ThinkTECH 3.0

ICBA kicks off ThinkTECH 3.0 ICBA announced the kickoff of its third ICBA ThinkTECH Accelerator program in partnership with The Venture Center. ICBA announced the kickoff of its third ICBA...

Aug 13, 2020
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Article

SBA issues interim final rule on loan review, updates FAQs

SBA issues interim final rule on loan review, updates FAQs The SBA released an interim final rule on appeals of SBA loan review decisions under the Paycheck Protection Program that outlines the...

Aug 12, 2020
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Article

ICBA seeks extension on ECOA RFI deadline

ICBA seeks extension on ECOA RFI deadline ICBA joined other groups urging the Consumer Financial Protection Bureau not to rush potential changes to the Equal Credit Opportunity Act. ICBA joined...

Aug 12, 2020
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Article
Lending

ICBA ThinkTECH partner named top accelerator program by Finovate

ICBA ThinkTECH partner named top accelerator program by Finovate ICBA’s ThinkTECH Accelerator partner, The Venture Center, will be recognized during the Finovate fall virtual conference in...

Aug 14, 2020
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Article

Grassroots push continues amid stimulus debate

Grassroots push continues amid stimulus debate As negotiations over the next emergency stimulus package continue, ICBA is calling on community bankers to urge needed reforms. As negotiations over...

Aug 14, 2020
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Article
Crisis Preparedness

Blog discusses intersection between fintech and regulation

Blog discusses intersection between fintech and regulation Unless you have been living on a desert island for the past few years, you would be hard-pressed to miss the technological revolution that...

Aug 13, 2020
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Article
Cybersecurity

Kennedy to FDIC: Stop companies from taking advantage of ILC loophole

Kennedy to FDIC: Stop companies from taking advantage of ILC loophole Sen. John Kennedy (R-La.) wrote to FDIC Chairman Jelena McWilliams urging her not to allow industrial loan companies to exploit...

Aug 13, 2020
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Article
Crisis Preparedness Lending

CISA issues alert on SBA COVID-19 relief website attack

CISA issues alert on SBA COVID-19 relief website attack The Cybersecurity and Infrastructure Security Agency issued an alert concerning an unknown malicious cyber actor spoofing the Small Business...

Aug 13, 2020
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Article
Crisis Preparedness Cybersecurity

Fintech Application Period Kicks Off for ICBA ThinkTECH Accelerator

Fintech Application Period Kicks Off for ICBA ThinkTECH Accelerator ICBA today opened the application period for its third ICBA ThinkTECH Accelerator program in partnership with The Venture Center....

Aug 12, 2020
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Article

HUD sets aside funding to help low-income households amid COVID-19

HUD sets aside funding to help low-income households amid COVID-19 The Department of Housing and Urban Development announced $472 million in CARES Act funding to help low-income families during the...

Aug 12, 2020
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Article
Crisis Preparedness Housing Finance/GSEs

Smaller lenders lead on PPP: SBA data

Smaller lenders lead on PPP: SBA data Lenders under $10 billion in assets have made some 2.74 million Paycheck Protection Program loans worth more than $233 billion through both rounds of funding,...

Aug 12, 2020
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Article

ICBA’s Romero Rainey to policymakers: streamline PPP forgiveness process

ICBA’s Romero Rainey to policymakers: streamline PPP forgiveness process Policymakers need to simplify the onerous forgiveness process for small businesses to ensure the Paycheck Protection Program...

Aug 11, 2020
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Article
Advocacy

OCC reduces assessments due to COVID-19

OCC reduces assessments due to COVID-19 The OCC is reducing assessments due to the OCC on Sept. 30, 2020, because of the COVID-19 emergency. The OCC is reducing assessments due to the OCC on Sept....

Aug 11, 2020
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Article
Crisis Preparedness

PPP forgiveness platform now live

PPP forgiveness platform now live The Small Business Administration's Paycheck Protection Program forgiveness platform is live and scheduled to begin accepting loan-forgiveness applications and...

Aug 10, 2020
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Article
Crisis Preparedness Lending

Capital Assessment, Capital Planning Are Critical as Coronavirus Creates Chaos

Capital Assessment, Capital Planning Are Critical as Coronavirus Creates Chaos Stress testing and capital planning are important for financial institutions in good times, but they are even more...

Aug 07, 2020
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Article

SBA details PPP forgiveness platform

SBA details PPP forgiveness platform A Small Business Administration user guide offers details on the Paycheck Protection Program forgiveness platform scheduled to go live this Monday, Aug. 10. A...

Aug 07, 2020
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Article
Crisis Preparedness

Main Street, Inc. Acquires Marketing Technology Software Provider Onovative

Main Street, Inc. Acquires Marketing Technology Software Provider Onovative Main Street, Inc., a leading provider of data-driven print services to community financial institutions across the...

Aug 11, 2020
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Article

ICBA payments brief focuses on small biz

ICBA payments brief focuses on small biz ICBA's latest Payments Executive Brief focuses on how community banks can use payments to take advantage of small-business opportunities. ICBA's latest...

Aug 11, 2020
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Article