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ICBA urging ILC grassroots outreach

ICBA urging ILC grassroots outreach ICBA is calling on community bankers to urge their senators to co-sponsor legislation to close the industrial loan company loophole. ICBA is calling on community...

Jul 09, 2020
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Article
Lending

IRS cancels stimulus payments to ineligible recipients

IRS cancels stimulus payments to ineligible recipients The IRS cancelled outstanding Economic Impact Payment checks issued to recipients who may not be eligible for the stimulus payments, including...

Jul 08, 2020
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Article
Advocacy Crisis Preparedness

Visa Small Business Recovery Monitor report, June 2020

Visa Small Business Recovery Monitor report, June 2020 Visa’s analysis of current economic data indicates that U.S. small business activity was slowly recovering in June. Visa’s analysis of current...

Jul 07, 2020
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Article

ICBA urging grassroots on ILC loophole

ICBA urging grassroots on ILC loophole ICBA is calling on community bankers to urge their senators to co-sponsor legislation to close the industrial loan company loophole. ICBA is calling on...

Jul 07, 2020
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Article
Lending

CFPB details higher-level exams

CFPB details higher-level exams The Consumer Financial Protection Bureau posted frequently asked questions about prioritized assessments, a new supervisory approach the bureau developed in response...

Jul 07, 2020
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Article
Crisis Preparedness

ICBA offers resources on PPP data release

ICBA offers resources on PPP data release ICBA this week released talking points and a sample letter to PPP borrowers about the SBA and Treasury Department release of information about individual...

Jul 08, 2020
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Article

ICBA resources follow release of PPP data

ICBA resources follow release of PPP data Following the SBA and Treasury Department release of information about individual Paycheck Protection Program loans, ICBA released talking points and a...

Jul 07, 2020
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Article

PPP calculator bill introduced in Senate

PPP calculator bill introduced in Senate ICBA thanked Sens. Angus King (I-Maine) and John Kennedy (R-La.) for introducing legislation to establish a free online calculator to complete Paycheck...

Jul 07, 2020
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Article

House subcommittee set to pass ag appropriations

House subcommittee set to pass ag appropriations The House Appropriations Agriculture Subcommittee adopted fiscal 2021 agriculture and rural development legislation. The House Appropriations...

Jul 07, 2020
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Article
Agriculture

ICBA on PPP extension: Community banks a lifeline

ICBA on PPP extension: Community banks a lifeline ICBA said community banks will continue working to meet the needs of their communities after Congress passed and President Trump signed a law...

Jul 06, 2020
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Article
Advocacy Crisis Preparedness

United Bankers’ Bank and MK Decision Partnership Brings Business Credit Card Origination Online for 75+ Banks in 15-State Footprint

United Bankers’ Bank and MK Decision Partnership Brings Business Credit Card Origination Online for 75+ Banks in 15-State Footprint United Bankers’ Bank (UBB), a $996 million-asset correspondent...

Jul 02, 2020
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Article

Senate bill would forgive PPP loans under $150K

Senate bill would forgive PPP loans under $150K Senate Banking Committee member Kevin Cramer (R-N.D.) introduced ICBA-supported legislation that would forgive Paycheck Protection Program loans...

Jul 02, 2020
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Article

ICBA's Merski talks community banks on business podcast

ICBA's Merski talks community banks on business podcast ICBA's Paul Merski discussed the benefits of community banks to small businesses and local communities in a new podcast interview. ICBA's...

Jul 06, 2020
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Article

CFPB begins implementing escrow exemption

CFPB begins implementing escrow exemption The Consumer Financial Protection Bureau issued a proposed rule to implement ICBA-supported relief from mandatory escrow requirements for higher-priced...

Jul 06, 2020
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Article
Compliance Mortgage Rules

Edward Jones applies for ILC

Edward Jones applies for ILC The Jones Financial Companies said it has applied with the FDIC and Utah Department of Financial Institutions to establish the Edward Jones Bank industrial loan...

Jul 06, 2020
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Article
Lending

ICBA Statement on Paycheck Protection Program Extension

ICBA Statement on Paycheck Protection Program Extension Independent Community Bankers of America President and CEO Rebeca Romero Rainey released a statement on congressional passage of legislation...

Jul 02, 2020
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Article

Merchants and Planters Bank and MK Decision Partner to Deliver Online Credit Card Applications to their Customers

Merchants and Planters Bank and MK Decision Partner to Deliver Online Credit Card Applications to their Customers MK Decision (MK), the leader in credit card loan origination announced today its...

Jul 02, 2020
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Article

Independent Banker: Small biz loves community banks

Independent Banker: Small biz loves community banks The July issue of Independent Banker magazine focuses on why small businesses love their community banks—especially now. The cover story profiles...

Jul 02, 2020
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Article
Advocacy

House sends PPP extension to president

House sends PPP extension to president The House passed legislation to extend the Paycheck Protection Program application deadline until Aug. 8, sending it to President Donald Trump to be signed...

Jul 02, 2020
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Article

ICBA to FDIC: Commercial firms should not own ILCs

ICBA to FDIC: Commercial firms should not own ILCs ICBA commended the FDIC for working to strengthen its supervisory processes for non-commercial parent companies of industrial loan companies, but...

Jul 02, 2020
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Article
Lending