ICBA released a customizable op-ed that community bankers can use to spread the word about the risks posed by proposals to establish taxpayer-funded public banks.
The Federal Reserve Board for the third time extended its rule allowing certain bank directors and shareholders to apply to their banks for Paycheck Protection Program loans for their small businesses.
ICBA and The Venture Center today announced a series of curriculum-driven events as part of its expanded ICBA ThinkTECH initiative. The ICBA ThinkTECH Innovation Series focuses on emerging technologies that have the potential to positively impact the community banking industry.
ICBA's Mutual Council and America’s Mutual Banks urged the OCC to suspend the sale of Brainerd Savings and Loan Association assets to Wings Financial Credit Union until all freedom of information requests have been considered.
The rate of new Covid cases in the US fell to an average of 38,800 per day Monday, according to data compiled by Johns Hopkins University, the first time daily case counts have been below 40,000 since September.
ICBA and The Venture Center today announced a series of curriculum-driven events as part of its expanded ICBA ThinkTECH initiative. The ICBA ThinkTECH Innovation Series focuses on emerging technologies that have the potential to positively impact the community banking industry.
The Independent Community Bankers of America today announced it has extended its Preferred Service Provider agreement with ProfitStars, a division of Jack Henry & Associates Inc., to include several risk management solutions.
The Independent Community Bankers of America (ICBA) will serve as a strategic advisor for JAM FINTOP Banktech, a $150 million investment fund designed to help accelerate technology adoption at community banks.
The Alternative Reference Rates Committee last week published market indicators it will consider in recommending a forward-looking Secured Overnight Financing Rate term rate to support the transition away from LIBOR.
ICBA called on the Financial Crimes Enforcement Network to amend its customer due diligence rules and withdraw its requirement that banks collect beneficial ownership information.
ICBA and other groups told Congress they oppose legislative efforts to repeal the OCC’s “true lender” rule. The OCC rule, which ICBA supported in a comment letter last year, creates a standard to determine when a bank is the “true lender” when partnering with a third party.
ICBA and other groups this week called on the OCC to formally withdraw its Community Reinvestment Act rule or delay its January 2023 compliance date for at least two years.
Americans have entered a new, hopeful phase of the pandemic as the outlook has improved across the nation, with cases and hospitalizations at their lowest points in nearly seven months, and deaths from Covid-19 have not been this low since July.
ICBA announced today that Kristina Morris has joined as director of innovation. In this role Morris will work with the ICBA ThinkTECH Accelerator cohort, leading portfolio management activities and program development to support ICBA’s overall innovation strategy.
The Federal Reserve Board proposed guidelines for evaluating requests for accounts with the Fed and access to the payments system, as advocated by ICBA.
The Treasury Department extended its program to invest in Minority Depository Institutions and Community Development Financial Institutions, as requested by ICBA.
The Small Business Administration said Wednesday that the Paycheck Protection Program has been exhausted, and as of Sunday, the PPP had given out nearly 10.8 million loans worth more than $780 billion since April of last year.
