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Op-ed: Credit union favoritism harms troops
Op-ed: Credit union favoritism harms troops A federal law allowing tax-exempt credit unions to operate rent-free is shrinking the availability of banking options to service members, ICBA community...
SBA planning PPP loan-forgiveness portal
SBA planning PPP loan-forgiveness portal The SBA will soon release a portal to accept Paycheck Protection Program loan-forgiveness applications, Administrator Jovita Carranza told the House Small...
Stats show community bank PPP impact: blog
Stats show community bank PPP impact: blog A recent report by the Institute for Local Self-Reliance shows how vital community banks have been to the COVID-19 response, ICBA President and CEO Rebeca...
ICBA, states provide stimulus plan to Congress
ICBA, states provide stimulus plan to Congress ICBA and 42 state community banking associations issued specific recommendations for the next economic stimulus package as Congress prepares new...
National Taxpayers Union targets credit union push
National Taxpayers Union targets credit union push Citing problems with credit union industry transparency, oversight, and unfair competition, the National Taxpayers Union told key members of...
FinCEN issues advisory on Twitter scam
FinCEN issues advisory on Twitter scam The Financial Crimes Enforcement Network issued an advisory on a high-profile scam exploiting Twitter accounts to solicit fraudulent virtual currency...
ICBA, States Offer Stimulus Plan Ahead of Congressional Debate
ICBA, States Offer Stimulus Plan Ahead of Congressional Debate As the leaders in responding to the economic fallout of COVID-19 and responsible for two-thirds of Paycheck Protection Program loans,...
FINBOA Announces New Webinar Series: Process Automation Within Reach
FINBOA Announces New Webinar Series: Process Automation Within Reach Critical Considerations for Automating Reg E Compliance Today FINBOA announced it will host a new webinar series, Process...
Community bank PPP share continues climb
Community bank PPP share continues climb Lenders under $10 billion in assets have made some 2.52 million PPP loans worth more than $229 billion through both rounds of funding, according to SBA data...
ICBA seeks updates to Nacha ACH overhaul
ICBA seeks updates to Nacha ACH overhaul ICBA told Nacha that it generally supports a provision in proposed operating rule updates that would employ ACH as a low-cost account-validation method for...
CFPB report touts credit builder loans
CFPB report touts credit builder loans The Consumer Financial Protection Bureau released a report on how credit builder loans could help consumers establish credit records and improve the credit...
House committee passes ag appropriations
House committee passes ag appropriations The House Appropriations Committee approved fiscal 2021 agriculture and rural development legislation. The bill allows for a combined $153 billion in...
CFPB reports consumer COVID-19 complaints
CFPB reports consumer COVID-19 complaints The Consumer Financial Protection Bureau reported on more than 8,000 complaints it received from January through May that mention the coronavirus or...
Pandemic Relief Letter for State Sign-On
Pandemic Relief Letter for State Sign-On Community bankers across the country have worked tirelessly to deliver PPP loans quickly and successfully on behalf of thousands of small businesses. PPP...
Stimulus grassroots needed ahead of Senate debate
Stimulus grassroots needed ahead of Senate debate With the Senate set to begin debating the next economic stimulus package next week, ICBA is calling on community bankers to use its Be Heard...
SEC warns of ransomware attacks
SEC warns of ransomware attacks The Securities and Exchange Commission issued an alert about recent reports that threat actors are targeting financial institution networks to access internal...
Review process for AML deficiencies paused
Review process for AML deficiencies paused The Financial Crimes Enforcement Network issued an advisory on the Financial Action Task Force’s reissued list of jurisdictions with strategic...
FSOC to review secondary mortgage market
FSOC to review secondary mortgage market The Financial Stability Oversight Council will launch an activities-based review of the secondary mortgage market, the Federal Housing Finance Agency said....
ICBA Bancard Announces New Board of Directors Members
ICBA Bancard Announces New Board of Directors Members ICBA Bancard, the payments subsidiary of the Independent Community Bankers of America, today announced that Gregory Hohl, chairman and...
Visa to discontinue Auto Rental Collision Damage Waiver and Warranty Manager
Visa to discontinue Auto Rental Collision Damage Waiver and Warranty Manager Effective January 31, 2021, Visa will discontinue the Auto Rental Collision Damage waiver (ARCDW) and Warranty Manager...