Lenders under $10 billion in assets have made more than 2.26 million Paycheck Protection Program loans worth more than $224 billion through both rounds of funding, the Small Business Administration reported.
The Independent Community Bankers of America today announced that Scott Brown has joined the association as vice president of member relations. Brown will assume the Southeast region territory from David Moore, who is retiring from ICBA on June 30 after 16 years.
ICBA supports the Paycheck Protection for Producers Act," would modifies the calculation of the maximum loan amount for certain farmers and ranchers under the Small Business Administration’s Paycheck Protection Program.
The Independent Community Bankers of America today announced an additional three-year commitment to its ICBA ThinkTECH Accelerator program as part of a comprehensive mission-driven innovation strategy.
On June 5, President Donald Trump signed legislation to address restrictions on the Small Business Administration’s (SBA) Paycheck Protection Program. While further guidance and clarification is likely, here is a summary of the provisions that appear in the Paycheck Protection Program Flexibility Act.
ICBA testified before Congress on promoting inclusive lending during the coronavirus pandemic by community development financial institutions, minority depository institutions, and other community banks.
The Independent Community Bankers of America® (ICBA) today testified before Congress on promoting inclusive lending during the pandemic by community development financial institutions, minority depository institutions, and other community banks.
The attacks on community banks and their customers continue to rise, reinforcing the need to refocus on cybersecurity while adjusting to the “new normal,” ICBA Director of Operational Risk Steven Estep wrote in Main Street Matters.
The Independent Community Bankers of America, in partnership with AIR, the Alliance for Innovative Regulation, and The Venture Center, will host a second virtual event for community banks featuring fintech offerings to help solve for the Small Business Administration’s Paycheck Protection Program loan forgiveness process.
With the Senate considering Paycheck Protection Program reforms after the House passed its reform bill last week, community banks should urge lawmakers to enact recommended changes, ICBA President and CEO Rebeca Romero Rainey wrote.
ICBA Minority Bank Advisory Council member George Andrews and others at Unity National Bank in Atlanta last week hosted top administration officials for a roundtable discussion on U.S. small businesses.
The OCC finalized its rule clarifying that when banks sell or assign a loan, interest permissible prior to the transfer continues to be permissible afterward.
The FDIC issued the lists of institutions scheduled for Community Reinvestment Act examinations during the third and fourth quarter of 2020, as required by law.
ICBA is calling on community bankers to provide Congress with policy recommendations to make the Paycheck Protection Program more workable for lenders and borrowers.
Independent Banker magazine, the award-winning monthly publication of the Independent Community Bankers of America, today unveiled its annual 40 Under 40: Emerging Community Bank Leaders list.
The House voted 417-1 to pass legislation to ease restrictions on the Small Business Administration’s Paycheck Protection Program, as advocated for by ICBA.
