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Financial Services and Consumer Groups Support Senate Bill to Close Industrial Loan Company Loophole

Today, a broad coalition of financial services and consumer organizations expressed support for new legislation to close the industrial loan company (ILC) charter loophole, the "Close the Shadow...

Dec 06, 2022
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Article
Lending

Grassroots key as Senate cannabis banking debate ramps up

With the debate over ICBA-advocated cannabis banking legislation picking up as some policymakers express concerns and others confidence in the bill's passage, ICBA is urging community bankers to...

Dec 05, 2022
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Article
Cannabis banking

ICBA, groups urge Congress to oppose SBA's proposed 7(a) changes

ICBA and other groups called on Congress to oppose Small Business Administration proposals to detrimentally reform its 7(a) lending program.

Dec 05, 2022
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Article
Lending Small Business Administration

ICBA: Congressional Report Validates That Community Banks Are a Superior Alternative to Nonbank Lenders

ICBA President and CEO Rebeca Romero Rainey issued the following statement on the Select Subcommittee on the Coronavirus Crisis’s report regarding the role of fintech companies in facilitating a...

Dec 03, 2022
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Article
Technology