2020 CRA list released

Jun 25, 2020 | NewsWatch Today
Federal regulators released the 2020 list of distressed or underserved nonmetropolitan middle-income geographies.

ICBA Offers Recommendations as Congress Debates Stimulus

Jun 24, 2020 | Press Release
As Congress considers the next legislative package to address the economic fallout from the COVID-19 pandemic, the Independent Community Bankers of America today weighed in with recommendations to support local communities.

CFPB updates "underserved" methodology

Jun 24, 2020 | NewsWatch Today
The Consumer Financial Protection Bureau issued an interpretive rule on how it determines which counties qualify as "underserved" for a given calendar year.

ICBA PPP webinar follows release of new rule

Jun 24, 2020 | NewsWatch Today
Community bankers can download the recording of Tuesday's ICBA Community Bank Briefing on the Paycheck Protection Program. The briefing provides a regulatory update with a focus on PPP loan review and forgiveness.

FEMA offers exercise kit for restoring operations

Jun 24, 2020 | NewsWatch Today
The Federal Emergency Management Agency released an Exercise Starter Kit that organizations can use as they plan for returning to the new normal.

SBA to release info on most PPP borrowers

Jun 22, 2020 | NewsWatch Today
The SBA and Treasury Department said they will publicly release certain information about Paycheck Protection Program borrowers.

SBA tool connects small biz with PPP lenders

Jun 22, 2020 | NewsWatch Today
The SBA launched an online tool to match small businesses and nonprofits with smaller-asset Paycheck Protection Program lenders.

FDIC board meeting Thursday on Volcker Rule

Jun 22, 2020 | NewsWatch Today
The FDIC board of directors is scheduled to meet at 2:30 p.m. (Eastern time) this Thursday, June 25

ICBA releases custom small-business op-ed

Jun 22, 2020 | NewsWatch Today
ICBA recently released a customizable op-ed that community bankers can use to share how they have rallied around small businesses during the COVID-19 pandemic and led the way on Paycheck Protection Program loans.

Passageways Announces Capital Raise and Expansion Plans

Jun 19, 2020 | Industry News From Corporate Members

ICBA and ProfitStars Expand Relationship to Include Forecasting and Financial Reporting

Jun 11, 2020 | Press Release
The Independent Community Bankers of America today announced that it has extended its Preferred Service Provider agreement with ProfitStars, a division of Jack Henry & Associates Inc., to include Forecasting and Financial Reporting to support community bank strategic planning.

ICBA urges changes to brokered deposit proposal

Jun 10, 2020 | NewsWatch Today
ICBA urged the FDIC to update its proposal to revise restrictions on brokered deposits that apply to less-than-well-capitalized banks.

CFPB issues new TRID resources

Jun 10, 2020 | NewsWatch Today
The Consumer Financial Protection Bureau published a new fact sheet and updated frequently asked questions on the TILA-RESPA Integrated Disclosure Rule.

Comment Letter to the FDIC on Brokered Deposits

Jun 9, 2020 | Letters to Regulators
Section 29 of the Federal Deposit Insurance Act restricts the acceptance of deposits by insured depository institutionsfrom a “deposit broker.” Although well capitalized IDIs are not restricted from accepting deposits from a deposit broker, those IDIs with a significant concentration of brokered deposits may pay higher quarterly FDIC assessments.

ICBA Urges Streamlined Paycheck Protection Program Process

Jun 9, 2020 | Press Release
The Independent Community Bankers of America® (ICBA) called on the Treasury Department and Small Business Administration to make the Paycheck Protection Program loan-forgiveness process less complex and onerous for borrowers and lenders.

ICBA and The American College Announce Scholarship for Veterans

Jun 9, 2020 | Press Release
The Independent Community Bankers of America and The American College of Financial Services today announced a new “20 in 2020” scholarship for veterans and their families seeking challenging and rewarding careers as community bankers.

New PPP payroll threshold not a cliff

Jun 9, 2020 | NewsWatch Today
The Treasury Department and Small Business Administration clarified that Paycheck Protection Program borrowers will remain eligible for partial loan forgiveness under the 60 percent payroll requirement contained in the new PPP reform law.

ICBA seeks streamlined Paycheck Protection Program process

Jun 9, 2020 | NewsWatch Today
ICBA called on the Treasury Department and SBA to make the Paycheck Protection Program loan-forgiveness process less complex and onerous for borrowers and lenders.