ICBA showcases new PPP videos at ICBA Connect

Mar 10, 2021 | NewsWatch Today
Available on banklocally.org and featuring representatives from Tioga State Bank, Bank of Idaho, and M&F Bank, new videos from ICBA feature discussions on the role of community banks in local economies with a focus on their PPP leadership.

Joint rule supports Treasury program for CDFIs, MDIs

Mar 10, 2021 | NewsWatch Today
Federal bank regulators issued an interim final rule that supports the Treasury Department’s Emergency Capital Investment Program, which will provide $9 billion in capital to Community Development Financial Institutions and Minority Depository Institutions.

ICBA summarizes stimulus plan

Mar 10, 2021 | NewsWatch Today
ICBA released a summary of the $1.9 trillion American Rescue Plan Act (H.R. 1319), which Congress is expected to pass this week.

ICBA: GSE liquidity plan aligns with capital framework

Mar 10, 2021 | NewsWatch Today
ICBA said it agrees with the Federal Housing Finance Agency's approach to proposed liquidity requirements for Fannie Mae and Freddie Mac.

Agencies update CRA FAQs

Mar 9, 2021 | NewsWatch Today
Federal regulators issued new frequently asked questions to help financial institutions and examiners determine Community Reinvestment Act consideration related to the COVID-19 pandemic.

ICBA’s Romero Rainey: We Are More Powerful Collectively When We are Empowered Individually

Mar 9, 2021 | Press Release
ICBA President and CEO Rebeca Romero Rainey today reminded community bankers attending ICBA Connect that every challenge is an opportunity to leverage their collective strength, advance policy priorities, and be a unifying force that benefits local communities nationwide.

ICBA Kicks off 2021 National Convention

Mar 9, 2021 | Press Release
Starting today, community bankers and industry leaders from across the nation will convene for the 2021 Independent Community Bankers of America national convention.

CISA urges Microsoft Exchange patching against vulnerability

Mar 8, 2021 | NewsWatch Today
The Cybersecurity and Infrastructure Security Agency urged public and private sector partners to follow its emergency directive on the Microsoft Exchange widespread vulnerability affecting on-premises deployments.

ICBA Connect is Here!

Mar 8, 2021 | ICBA Connect Articles
The ICBA Connect event site is ready! Prepare yourself by logging in now and taking a spin around the site to familiarize yourself with it, so you’re ready to go.

ICBA: Ensure SBA clears all PPP loans on hold

Mar 8, 2021 | NewsWatch Today
ICBA and other financial groups called on policymakers to ensure the SBA clears the thousands of Paycheck Protection Program loan applications in process through the end of March.

Fed includes women's depository institutions in MDI definition

Mar 8, 2021 | NewsWatch Today
The Federal Reserve expanded the definition of minority depository institutions to include women-owned financial institutions.

Key takeaways on new PPP rule

Mar 5, 2021 | NewsWatch Today
ICBA offers the following community bank takeaways on this week's SBA interim final rule, frequently asked questions, updated application forms, and webinar implementing Paycheck Protection Program changes for IRS Form 1040, Schedule C filers.

CISA call today on Microsoft vulnerability

Mar 5, 2021 | NewsWatch Today
The Cybersecurity and Infrastructure Security Agency is hosting a conference call at noon (Eastern time) today on the active exploitation of a vulnerability in Microsoft Exchange Server 2013, 2016, and 2019

New Same Day ACH window in effect this month

Mar 5, 2021 | NewsWatch Today
Nacha's new rule allowing Same Day ACH transactions to be submitted to the ACH Network for an additional two hours every business day takes effect on at 4:45 p.m. (Eastern time) Friday, March 19.

Treasury launches $9B CDFI, MDI program

Mar 5, 2021 | NewsWatch Today
The Treasury Department opened the application process for the Emergency Capital Investment Program, which will provide $9 billion in capital to Community Development Financial Institutions and Minority Depository Institutions.

FS-ISAC Coronavirus Update, March 5, 2021

Mar 5, 2021 | Coronavirus Update
The average number of vaccine doses being administered across the US per day topped two million for the first time on Wednesday, according to data from the Centers for Disease Control and Prevention, up from an average of about 1.3 million a month ago.

ICBA Expands Preferred Service Provider Relationship with QwickRate to include its IntelliCredit Offering

Mar 4, 2021 | Press Release
The ICBA today announced that its Preferred Service Provider relationship with QwickRate LLC now includes its IntelliCredit loan review and credit intelligence solutions, which are designed to help community banks better detect and manage credit risk.

SBA issues new PPP rule, applications

Mar 4, 2021 | NewsWatch Today
The SBA released its new interim final rule and new application forms implementing Paycheck Protection Program changes for sole proprietors and other borrowers that file IRS Form 1040, Schedule C. An SBA webinar on the updates is scheduled for today.

Romero Rainey: ICBA pressing PPP reforms

Mar 4, 2021 | NewsWatch Today
While Congress is fast-tracking the next stimulus package, problems with existing recovery programs remain unaddressed, ICBA President and CEO Rebeca Romero Rainey wrote in an op-ed this week.

CFPB proposes delaying new QM rule

Mar 4, 2021 | NewsWatch Today
The Consumer Financial Protection Bureau proposed delaying the mandatory compliance date of its general Qualified Mortgage final rule from July 1, 2021, to Oct. 1, 2022.