The Independent Community Bankers of America today thanked President Joe Biden for signing into law ICBA-advocated legislation to extend the Paycheck Protection Program ahead of its March 31 expiration.
While ICBA last week submitted its comment letter urging the National Credit Union Administration to withdraw a proposal on credit union services organizations, community banks can still submit comment letters after the agency extended the deadline 30 days.
The USDA’s Farm Service Agency asked lenders to suspend adverse actions against guaranteed farm loan borrowers who are members of socially disadvantaged (SDA) groups while the agency develops a method to pay off SDA borrowers' direct and guaranteed loans.
The Internal Revenue Service clarified that the purchase of personal protective equipment, such as masks, hand sanitizer and sanitizing wipes, for the primary purpose of preventing the spread of COVID-19 are deductible medical expenses.
ICBA thanked Reps. Ron Kind (D-Wis.) and Randy Feenstra (R-Iowa) for introducing legislation to exempt from taxation interest income on farm real estate and rural mortgage loans.
ICBA called on the NCUA to create a minimum regulatory capital framework that is no less stringent than the Basel III regulatory capital framework in effect for community banks.
Covid cases in the US are rising again, reversing course after months of decline and threatening another setback in the return to normality, with the seven-day average of new cases jumping to 57,695 Wednesday - 9.5% above the prior week.
The Independent Community Bankers of America (ICBA) today called on the National Credit Union Administration to withdraw a proposal to dramatically deregulate corporate entities the regulator is not authorized to supervise.
The Independent Community Bankers of America today thanked Congress for passing ICBA-advocated legislation to extend the Paycheck Protection Program ahead of its March 31 expiration.
April is Community Banking Month, and ICBA offers resources to help community banks get involved, including a toolkit to help tell the community banking story.
ICBA and The Venture Center hosted the ICBA ThinkTECH Accelerator Virtual Demo Day to demonstrate the third Accelerator cohort's community bank-focused fintech solutions.
The SBA said it is increasing maximum Economic Injury Disaster Loan amounts for small businesses from $150,000 over six months to $500,000 over 24 months.
Governors and public health officials in more than 40 states have said they will meet or beat President Biden’s goal of making every adult eligible for a vaccine by May 1, and at least 30 states plan to start universal eligibility in March or April.
The Independent Community Bankers of America and The Venture Center, in partnership with the State of Arkansas, today hosted the ICBA ThinkTECH Accelerator Virtual Demo Day.
Our mission at ICBA Bancard is to deliver flexible, innovative payments and digital commerce solutions that allow community banks to flourish. ICBA Bancard’s client relations and relationship management teams are here to assist and are just an email or phone call away.
ICBA Bancard’s partner card networks, Visa and Mastercard®, have released several notices and bulletins regarding the migration to 8-digit Bank Identification Numbers or BINs, but many banks are left wondering why it is happening and what they need to do to prepare.
Community banks that issue consumer credit cards are faced with some common challenges: how to match their card options (rewards vs. non-rewards) with the best promotions to produce a positive return on investment (ROI), and how to keep their cardholders engaged.
Few would disagree that COVID-19 was a catalyst for significant changes in the way that Americans shop and manage their money. In fact, many experts believe years of behavioral transformation occurred over a matter of months and many of these changes will endure even after the pandemic subsides.
As community bankers, we rely on our partners for solutions from customer-facing technology to back-end efficiencies. With our emphasis on customer relationships, we have to get our partnerships right to ensure our customers stay satisfied and engaged with our banks.
