The Paycheck Protection Program’s general fund was reportedly exhausted Tuesday ahead of the program’s May 31 authorization, though some PPP funds remain for certain loans and lenders.
The Consumer Financial Protection Bureau said more needs to be done to help mortgage borrowers coping with the COVID-19 pandemic and economic downturn.
While increasing financial inclusion and improving U.S. Postal Service financial stability are worthy goals, postal banking would accomplish neither, Pennsylvania Association of Community Bankers President and CEO Kevin L. Shivers wrote.
So far, about 145 million adults - about 56% of the adult population in the US - have received at least one dose of Covid-19 vaccine, according to the latest data from the US Centers for Disease Control and Prevention.
Confirmed coronavirus cases in the US rose at the slowest pace since the pandemic began in the week ended Sunday, according to data compiled by Johns Hopkins University and Bloomberg.
A recent column from Federal Reserve Gov. Michelle Bowman provides an update on regulatory efforts to promote community bank innovation and partnerships with fintech firms.
Financial institutions’ strong capital and liquidity positions have enabled the banking system to support the U.S. economic recovery, the Federal Reserve reported.
Today is the deadline to submit nominations and votes for ICBA’s updated National Community Bank Service Award program. This year’s awards recognize exceptional service, emerging service programs, and the people's choice.
While this week’s ICBA Capital Summit concludes today, ICBA is urging community bankers to continue engaging their elected officials with grassroots messages on social media.
ICBA’s Paul Merski told Bloomberg that additional IRS reporting being floated this week by the Biden administration would increase compliance burdens for community banks.
Hackers have targeted companies that distribute the COVID-19 vaccine to a degree previously unreported, according to research from IBM Security, and starting last year.
The Consumer Financial Protection Bureau issued its fair lending annual report to Congress describing its fair lending enforcement priorities and statistics.
The Consumer Financial Protection Bureau released a county-by-county analysis of consumer complaints. The bureau said it received more complaints per capita from consumers living in predominantly minority counties in 2019 and 2020
Recently reintroduced Senate legislation to codify community outreach policies for community credit unions is getting a mixed reception from credit union industry groups.
The Consumer Financial Protection Bureau issued a final rule formally delaying the mandatory compliance date of its recently modified general Qualified Mortgage final rule from July 1, 2021, to Oct. 1, 2022.
After a worrisome uptick in Covid-19 cases in the US in recent weeks, there are encouraging signs that the situation is beginning to stabilize, according to the Centers for Disease Control and Prevention.
Community bankers meet with key policymakers this week as part of the ICBA 2021 Capital Summit to advocate common-sense reforms that promote stronger economic growth, jobs and prosperity in communities nationwide.
