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ICBA to IRS: Maximize Sub S Access to Tax Deduction

ICBA to IRS: Maximize Sub S Access to Tax Deduction ICBA and other banking groups called on the IRS to reconsider its approach to implementing the Tax Cuts and Jobs Act’s 20 percent tax deduction...

Sep 24, 2018
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Article

Community Bank Income Rises 21 Percent

Community Bank Income Rises 21 Percent Community banks reported $6.5 billion in net income during the second quarter, a 21.1 percent gain from the previous year, according to the FDIC’s Quarterly...

Aug 24, 2018
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Article
Federal Deposit Insurance Corporation (FDIC)

Crestmark Closes 18 Transactions Totaling More Than $46.9 Million in the First Half of August

Crestmark Closes 18 Transactions Totaling More Than $46.9 Million in the First Half of August Crestmark secured a total of $46,935,891 in financial solutions with 18 transactions for 14 new...

Aug 24, 2018
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Article

Lenders Increasingly Ready for Single Security: Survey

Lenders Increasingly Ready for Single Security: Survey Fannie Mae and Freddie Mac said mortgage lenders are increasingly familiar with their plan to begin issuing a common mortgage-backed security...

Aug 22, 2018
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Article
Housing Finance/GSEs

Automated Systems, Inc. Announces Gold Level Envision Partner Status

Automated Systems, Inc. Announces Gold Level Envision Partner Status Automated Systems, Inc. (ASI), a leading provider of core banking software for community banks, announced its status as a Gold...

Aug 14, 2018
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Article

Consumer Bureau Joins Innovation Network

Consumer Bureau Joins Innovation Network The Bureau of Consumer Financial Protection and 11 international financial regulators said they plan to create a global network to promote innovation. The...

Aug 10, 2018
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Article
Consumer Financial Protection Bureau (CFPB)

Tell HUD to Amend Disparate-Impact Rule

Tell HUD to Amend Disparate-Impact Rule ICBA is urging community bankers to tell the Department of Housing and Urban Development to amend its fair lending disparate-impact rule to meet the...

Aug 10, 2018
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Article
Grassroots/Be Heard Fair Lending Lending

Chelsea Groton Bank Proudly Introduces A Switch Hotline

Chelsea Groton Bank Proudly Introduces A Switch Hotline In order to assist individuals and families in switching to a better banking experience, Chelsea Groton Bank is pleased to introduce a new...

Sep 07, 2018
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Article