PPP loans reaching smallest borrowers: SBA data

Mar 16, 2021 | NewsWatch Today
The current round of the Paycheck Protection Program is successfully reaching smaller borrowers, according to recent data from the SBA.

Farm banks remain strong amid ag challenges: FDIC

Mar 16, 2021 | NewsWatch Today
Farm banks are vital to U.S. agricultural producers and rural communities, holding 44 percent of bank-held agricultural loans despite holding just 2 percent of U.S. bank loans, according to a new FDIC report.

ICBA ThinkTECH Innovation Showcase today

Mar 16, 2021 | NewsWatch Today
ICBA today is hosting a showcase of 2021 ICBA ThinkTECH Accelerator participants and their new technologies available to community banks.

FBI warns of cryptocurrency theft threat

Mar 15, 2021 | NewsWatch Today
The FBI said federal charges against three computer programmers linked to the North Korean government illustrate the appeal of cryptocurrency markets and exchanges for theft and fraud.

ICBA: Two-tiered deadline will ensure SBA clears PPP loans on hold

Mar 15, 2021 | NewsWatch Today
ICBA thanked policymakers for introducing The PPP Extension Act of 2021, which pushes the application deadline until May 31 and creates a second deadline of June 30 for the Small Business Administration to clear the thousands of Paycheck Protection Program loan applications in process.

SBA updates PPP guidance

Mar 15, 2021 | NewsWatch Today
The Small Business Administration on Friday updated its frequently asked questions as well as its guidance concerning how to calculate revenue reduction and maximum loan amounts for first- and second-draw Paycheck Protection Program loans.

Agencies propose private flood insurance Q&As

Mar 12, 2021 | NewsWatch Today
Federal regulators requested comments on 24 proposed interagency questions and answers regarding private flood insurance.

CFPB rescinds abusiveness policy statement

Mar 12, 2021 | NewsWatch Today
The Consumer Financial Protection Bureau said it is rescinding its January 2020 “Statement of Policy Regarding Prohibition on Abusive Acts or Practices.”

ICBA ThinkTECH Showcase Spotlights Innovative Community Bank Solutions

Mar 12, 2021 | Press Release
ICBA, in partnership with The Venture Center, will host the ICBA ThinkTECH Showcase — a virtual event to unveil the latest technological solutions of the 2021 ThinkTECH Accelerator cohort.

New round of EIPs starts today

Mar 12, 2021 | NewsWatch Today
The IRS said it will begin distributing the third round of Economic Impact Payments today, with an effective entry date of this Wednesday, March 17.

Congress approves stimulus plan

Mar 11, 2021 | NewsWatch Today
ICBA released a summary of the $1.9 trillion American Rescue Plan Act (H.R. 1319), which Congress passed and President Joe Biden is expected to sign into law soon.

ICBA testifies: Don't leave PPP applicants stranded

Mar 11, 2021 | NewsWatch Today
The approaching Paycheck Protection Program expiration date should not leave small businesses or nonprofits stranded, ICBA community banker Alice P. Frazier told the House Small Business Committee

FS-ISAC Coronavirus Update, March 11, 2021

Mar 11, 2021 | Coronavirus Update
President Joe Biden announced he is directing the Department of Health and Human Services to purchase an additional 100 million doses of the Johnson & Johnson Covid-19 vaccine. With that, the country is now on track to have enough vaccine for every adult by the end of May.

New York State Banker Elected ICBA Chairman​

Mar 10, 2021 | Press Release
Robert M. Fisher, president and CEO of Tioga State Bank in Spencer, N.Y., was elected chairman of the Independent Community Bankers of America for 2021-22.

ICBA Announces 2021-22 Executive Committee

Mar 10, 2021 | Press Release
The Independent Community Bankers of America today announced the election of its 2021-22 Executive Committee in conjunction with ICBA Connect, a virtual community banking event.

New ICBA Chairman to Community Banks: Get Engaged to Drive Positive Change

Mar 10, 2021 | Press Release
Incoming ICBA Chairman Robert Fisher encouraged community banks attending ICBA Connect to exercise their political capital — gained through dedicated service to customers and communities — to help enact meaningful policies that benefit local communities.

FinCEN issues AML notice on art, antiquities

Mar 10, 2021 | NewsWatch Today
The Financial Crimes Enforcement Network issued a notice on Anti-Money Laundering Act of 2020 requirements related to antiquities and arts.

CFPB: sex discrimination prohibitions apply to sexual orientation, gender identity

Mar 10, 2021 | NewsWatch Today
The Consumer Financial Protection Bureau issued an interpretive rule clarifying that the prohibition against sex discrimination under the Equal Credit Opportunity Act and Regulation B includes discrimination related to sexual orientation and gender identity.

ICBA to Congress: Don't Leave PPP Applicants Stranded

Mar 10, 2021 | Press Release
The approaching Paycheck Protection Program expiration date should not leave small businesses or nonprofits stranded, the Independent Community Bankers of America today told Congress.

FS-ISAC Coronavirus Update, March 10, 2021

Mar 10, 2021 | Coronavirus Update
About 93.7 million doses of Covid-19 vaccine have been administered in the US, according to data published Tuesday by the US Centers for Disease Control and Prevention, about 76% of the 123,232,775 doses delivered and around 1.6 million more since yesterday.