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.
The Consumer Financial Protection Bureau published a new fact sheet and updated frequently asked questions on the TILA-RESPA Integrated Disclosure Rule.
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.
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.
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.
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 called on the Treasury Department and SBA to make the Paycheck Protection Program loan-forgiveness process less complex and onerous for borrowers and lenders.
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.
