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ICBA to Approps panel: Don't expand Farm Credit

ICBA to Approps panel: Don't expand Farm Credit ICBA urged the House Appropriations Subcommittee on Defense to ensure the fiscal 2021 defense spending bill does not include any expansion of the...

Jul 09, 2020
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Article
Agriculture

CFPB rescinds part of small-dollar rule

CFPB rescinds part of small-dollar rule The Consumer Financial Protection Bureau issued a final rule on small-dollar lending that rescinds the mandatory underwriting provisions of the 2017 rule but...

Jul 08, 2020
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Article
Consumer Financial Protection Bureau (CFPB) Compliance

ICBA seeking ILC grassroots outreach

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

Jul 08, 2020
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Article
Lending

CFPB ratifies regulations following Supreme Court decision

CFPB ratifies regulations following Supreme Court decision The Consumer Financial Protection Bureau ratified most regulatory actions it took from Jan. 4, 2012, through June 30, 2020. The CFPB said...

Jul 08, 2020
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Article
Consumer Financial Protection Bureau (CFPB) Compliance

SoFi ditches ILC push for full-service bank charter

SoFi ditches ILC push for full-service bank charter Fintech company SoFi applied for a full-service national bank charter with the OCC after withdrawing its industrial loan company application...

Jul 10, 2020
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Article
Lending

ICBA continues fighting debt plan for largest credit unions

ICBA continues fighting debt plan for largest credit unions ICBA continued pushing back against a National Credit Union Administration proposal that would allow the largest and most complex credit...

Jul 10, 2020
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Article
Credit Unions

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