ICBA supports FDIC program for third-party compliance

Sep 23, 2020 | NewsWatch Today
ICBA said it supports an FDIC standard-setting organization and voluntary certification program that would ease the process of vetting and partnering with fintechs and other third parties.

ICBA Response to FDIC Request for Information

Sep 22, 2020 | Letters to Regulators
ICBA welcomes the opportunity to respond to the FDIC's request for information hat seeks input on whether a standard-setting and voluntary-certification program could support community banks’ efforts in partnering with third parties.

ICBA Statement on Fed Community Reinvestment Act Notice

Sep 21, 2020 | Press Release
ICBA President and CEO Rebeca Romero Rainey released a statement on today's Federal Reserve advance notice of proposed rulemaking on reforming Community Reinvestment Act regulations.

FDIC working on PPP asset-threshold impact: McWilliams

Sep 21, 2020 | NewsWatch Today
The FDIC is exploring options to address the impact of Paycheck Protection Program loans on regulatory asset thresholds, FDIC Chairman Jelena McWilliams told ICBA.

Fed updates FAQs on Main Street Lending Program

Sep 21, 2020 | NewsWatch Today
The Federal Reserve Board updated its frequently asked questions on the Main Street Lending Program to clarify expectations regarding lender underwriting.

ICBA seeks PPP accounting simplification

Sep 21, 2020 | NewsWatch Today
ICBA asked the federal banking regulators to allow community banks to recognize Paycheck Protection Program fees as income in their call reports.

New FDIC academic challenge focuses on community banks

Sep 21, 2020 | NewsWatch Today
The FDIC launched the agency’s first-ever Academic Challenge, which will be focused on the effects of community banks on local economic development.

Fed vote today on CRA reform notice

Sep 21, 2020 | NewsWatch Today
The Federal Reserve Board is scheduled to vote today on an advance notice of proposed rulemaking on Community Reinvestment Act regulation.

Bailey Yeager Joins ICBA as Director of Marketing Strategy and Execution

Sep 16, 2020 | Press Release
The Independent Community Bankers of America announced today the hire of Bailey Yeager as director of marketing strategy and execution.

ICBA Statement on CFPB Small-Business Proposal Outline

Sep 15, 2020 | Press Release
ICBA President and CEO Rebeca Romero Rainey issued a statement on today's Consumer Financial Protection Bureau outline of proposals to implement small-business loan data collection and reporting rules.

ICBA raises questions ahead of credit union advocacy event

Sep 15, 2020 | NewsWatch Today
ICBA continues urging Congress to "Wake Up" this week as credit union advocates meet with lawmakers during the National Association of Federally-Insured Credit Unions' Virtual Congressional Caucus.

Push continues on next stimulus package

Sep 15, 2020 | NewsWatch Today
ICBA is calling on community bankers to urge lawmakers to include common-sense policies benefiting local communities in the next economic stimulus package.

FinCEN issues AML standards for unregulated entities

Sep 15, 2020 | NewsWatch Today
The Financial Crimes Enforcement Network issued a Bank Secrecy Act final rule that requires minimum anti-money-laundering standards for banks without a federal functional regulator.

HUD finalizes ICBA-backed 'disparate impact' rule

Sep 15, 2020 | NewsWatch Today
The Department of Housing and Urban Development recently finalized an ICBA-supported rule to amend its interpretation of the Fair Housing Act’s "disparate impact" standard.

Visa U.S. Economic Outlook (September 2020)

Sep 10, 2020 | News
Visa economists report on GDP growth, labor market conditions, home sales, and trade. They also provide a view of longer-run GDP growth with their 2022 forecast.

ICBA to Fed: Speed Up FedNow Launch

Sep 10, 2020 | Press Release
The Independent Community Bankers of America today called on the Federal Reserve to accelerate implementation of its FedNow real-time payments service.

ICBA Pandemic Response Letter

Sep 10, 2020 | Letter | Letters to Congress
As lawmakers return to Washington and the 116th Congress comes rapidly to a close, the nation’s families and small businesses are counting on Congress to pass the critical relief they need to sustain businesses, paychecks, and livelihoods.

ICBA Bancard Launches Digital Payments Strategy Guide

Sep 9, 2020 | Press Release
ICBA Bancard, the payments services subsidiary of ICBA, announced the launch of its interactive tool to help its community bank clients create a custom digital payments strategy in support of their small business customers.

NCUA needs expanded third-party oversight: IG report

Sep 9, 2020 | NewsWatch Today
The National Credit Union Administration needs authority over credit union service organizations and vendors to identify and reduce risks they pose to credit unions, the agency's inspector general said.

State assistance program requires separate accounts

Sep 9, 2020 | NewsWatch Today
The new Lost Wage Assistance program that state unemployment agencies are administering requires states to use separate bank accounts from what they use for unemployment insurance and Pandemic Unemployment Assistance benefits.