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SBA issues new loan program guidance

SBA issues new loan program guidance The SBA on Friday night issued two notices on its lending programs. Further PPP information and resources are available on the SBA and Treasury sites and ICBA's...

Feb 16, 2021
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Article
Advocacy Crisis Preparedness Lending

FS-ISAC Coronavirus Update, Feb. 12, 2021

FS-ISAC Coronavirus Update, Feb. 12, 2021 The US Centers for Disease Control and Prevention said Friday that schools can safely open as long as a range of precautions are in place, offering a...

Feb 12, 2021
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Article
Advocacy Operational Risk Crisis Preparedness

Policymakers to Participate in ICBA ThinkTECH Accelerator Event

Policymakers to Participate in ICBA ThinkTECH Accelerator Event ICBA, in partnership with The Venture Center and the State of Arkansas, will host a one-day virtual summit for policymakers and the...

Feb 17, 2021
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Article

OCC allows closures due to Winter Storm Uri

OCC allows closures due to Winter Storm Uri The OCC issued a proclamation allowing national banks and federal savings associations to close offices affected by Winter Storm Uri at their discretion....

Feb 17, 2021
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Article
Compliance

White House extends forbearance, foreclosure protections

White House extends forbearance, foreclosure protections The Biden administration extended the foreclosure moratorium and mortgage forbearance on certain loans through the end of June. The Biden...

Feb 17, 2021
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Article
Advocacy Crisis Preparedness Lending +1 More...

FS-ISAC Coronavirus Update, Feb. 16, 2021

FS-ISAC Coronavirus Update, Feb. 16, 2021 The rate of new US coronavirus cases continued to decline Monday and Tuesday, as the country’s rolling average of daily infections fell below 90,000 for...

Feb 16, 2021
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Article
Advocacy Operational Risk Crisis Preparedness

ICBA continues opposition to Rakuten ILC application

ICBA continues opposition to Rakuten ILC application Rakuten Bank America’s resubmitted deposit insurance application continues to pose risks of mixing banking and commerce due to Rakuten Inc.’s...

Feb 16, 2021
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Article
Lending

ICBA to OCC: Rescind unvetted charter policy shift

ICBA to OCC: Rescind unvetted charter policy shift ICBA and other groups asked the OCC to rescind an interpretive letter expanding eligibility to apply for a national trust charter as well as the...

Feb 16, 2021
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Article
Fintech Regulation