Community banks reported net income growth of 21.2 percent in the fourth quarter from a year ago and a 3.6 percent increase in 2020 from the year before, according to the FDIC's Quarterly Banking Profile.

​The Consumer Financial Protection Bureau said it expects to propose a rule to delay its Qualified Mortgage rule’s July 1 mandatory compliance date.

ICBA and other groups urged Congress to include language in the next stimulus package exempting the third round of Economic Impact Payments from garnishment.

A new report out Tuesday warns that a more transmissible variant of coronavirus threatens to start a renewed surge of infections in March, and suggests the US speed up vaccination by skipping second doses for now.

During America Saves Week, the Independent Community Bankers of America reminds consumers that building a nest egg can help alleviate stress and provide additional financial security during times of uncertainty.

The Biden administration announced several Paycheck Protection Program reforms to target the program to the smallest businesses.

ICBA and other groups called on House appropriators to ensure adequate funding for key USDA rural development programs in the next COVID bill.

Federal and state agencies announced relief to institutions and taxpayers affected by this month's winter storms in Texas and other states.

President Joe Biden on Monday criticized the Paycheck Protection Program because small businesses struggled to get loans that instead went to larger companies, and announced a 14-day exclusive loan program using PPP funds for businesses with under 20 employees to apply for financial assistance.

Federal regulators issued final call report changes related to asset threshold relief given the impact of Paycheck Protection Program lending on bank balance sheets.

Federal Reserve Chairman Jerome Powell is slated to testify this week before the Senate Banking Committee and House Financial Services Committee on the agency's Semiannual Monetary Policy Report.

ICBA, ICBA Securities, and Vining Sparks are hosting a complimentary webinar for FDIC-designated Minority Depository Institutions on evaluating unsolicited interest from investors to provide capital and funding.

Treasury Secretary Janet Yellen said Thursday that a major stimulus package is necessary for the economy to recover from the Covid-19 pandemic even amid strong economic momentum to start 2021.

Insured depository institutions under $10 billion in assets in 2021 have approved more than 740,000 Paycheck Protection Program loans worth $60.7 billion, according to the latest SBA data issued this week.

Federal Reserve Governor Lael Brainard said climate change is already imposing substantial economic costs while presenting risks and opportunities to financial institutions.

The USDA Agricultural Marketing Service announced a new Dealer Statutory Trust for livestock sellers, in accordance with the year-end appropriations law.

The Federal Reserve Board issued a final rule to apply netting protections to a broader range of financial institutions.

ICBA updated its "Return to the New Normal" guide featuring suggestions to help community banks resume more normal operations and person-to-person services amid the COVID-19 pandemic.

The Justice Department indicted three North Korean computer programmers for participating in a series of cyberattacks designed to steal and extort more than $1.3 billion from financial institutions.

ICBA recently issued a summary on the defense spending law enacted at the beginning of the year that includes BSA/AML reforms.