About 80.5 million doses of Covid-19 vaccine have been administered in the US, according to data published Wednesday by the US Centers for Disease Control and Prevention.
Ramped up vaccination rates and the arrival of a new vaccine from Johnson & Johnson are making economists optimistic about their forecast for a strong economic rebound in the summer.
The Independent Community Bankers of America announced a first-of-its kind team-focused virtual banking conference designed to address the unique challenges and opportunities facing the nation’s community banks.
Credit unions were created and granted a substantial tax exemption to serve “people of modest means.” However, fewer than 20 percent of credit unions are physically located in an economically distressed area and only 27 percent are in low- and moderate-income areas.
The SBA said it will "soon" publish a new Paycheck Protection Program interim final rule and issue a new application for Schedule C filers. Until then, it issued the following considerations:
The IRS issued guidance for employers claiming the employee retention tax credit under the CARES Act. The guidance includes clarifications and describes retroactive changes relating to expanded eligibility.
he $900 billion Covid relief bill passed in December with $600 stimulus checks and extra unemployment benefits, helped lift about 1.6 million Americans out of poverty in January, according to economists at the University of Chicago and the University of Notre Dame.
ICBA released a summary of the House version of the $1.9 trillion American Rescue Plan Act (H.R. 1319), which the House passed Saturday on a nearly party-line vote.
ICBA-supported legislation allowing farmers and ranchers categorized as partnerships to use gross income to calculate maximum Paycheck Protection Program loan amounts was introduced in the House.
ollowing are today’s major Headlines, US Snapshots, US Vaccinations, US Variant Cases, key Highlights, the “Good Stuff” as well as key Statistics, Vaccine and Treatment information, US Restrictions and the Back to Normal Index related to the novel coronavirus pandemic.
The B&I program is expected to exhaust current funding in the next few months and faces a projected $1 billion shortfall in loan authority this fiscal year. This program is vital to sustaining rural businesses and job creation.
One of the Biden administration's Paycheck Protection Program reforms announced earlier this week started yesterday, with the rest set to be implemented next week.
The Financial Crimes Enforcement Network issued an advisory to alert financial institutions to fraud and other financial crimes related to Economic Impact Payments.
ICBA Connect is a virtual experience that is designed to energize, inspire and bring community banking teams together. And to magnify that energy, our goal has been to engage community bankers at every level.
