NCUA finalizes field-of-membership rule

Jul 31, 2020 | NewsWatch Today
The National Credit Union Administration finalized its embattled field-of-membership rule significantly expanding the service areas in which community credit unions can do business.

ICBA Reinsurance Announces New Board Member

Jul 30, 2020 | NewsWatch Today | Press Release
ICBA Reinsurance, the captive reinsurance company of the Independent Community Bankers of America, today announced that William Loving, president and CEO of Pendleton Community Bank Inc. in Franklin, West Virginia, was elected to the ICBA Reinsurance board of directors.

Groups join ICBA in urging closure of ILC loophole

Jul 30, 2020 | NewsWatch Today
ICBA and other groups urged Congress to impose a three-year moratorium on industrial loan company licensing applications.

PPP forgiveness bill introduced in House

Jul 30, 2020 | NewsWatch Today
ICBA thanked Rep. Chrissy Houlahan (D-Pa.) for introducing the House version of ICBA-advocated legislation to forgive Paycheck Protection Program loans under $150,000.

ICBA opposes OCC talk of narrow-purpose payments charter

Jul 30, 2020 | NewsWatch Today
ICBA and other groups expressed opposition to the OCC's recent discussions to offer a narrowly focused payments charter.

Kraninger encourages input on reg environment

Jul 30, 2020 | NewsWatch Today
Consumer Financial Protection Bureau Director Kathleen Kraninger encouraged public input on the bureau's request for information on the regulatory environment.

Banking and Consumer Groups Call on Congress to Close ILC Loophole

Jul 29, 2020 | Press Release
The Bank Policy Institute, Center for Responsible Lending and Independent Community Bankers of America today urged Congress to impose a three-year moratorium on industrial loan company licensing applications.

Lender Livestock Trust Letter 7-28-20

Jul 28, 2020 | Letters to Congress
On behalf of the American Bankers Association and the Independent Community Bankers of America, representing over 52,000 bank locations across the United States, we write to express our concern over possible inclusion of the so-called “Livestock Trust” legislation in the COVID-19 relief package being considered by the Senate.

ICBA Securities Announces New Board Member

Jul 28, 2020 | Press Release
ICBA Securities, the broker-dealer subsidiary of the Independent Community Bankers of America, today announced that Jerry Walker, president and CEO of the Independent Community Bankers Association of New Mexico, was elected to the ICBA Securities board of directors.

ICBA to Congress: Heed the Economic Recovery Experts

Jul 28, 2020 | Press Release
With new Small Business Administration data showcasing the outsized role of community banks in serving small businesses and underserved communities amid the COVID crisis, ICBA is urging the Senate to incorporate needed reforms in the next round of stimulus legislation.

Senate stimulus plan includes PPP reforms

Jul 28, 2020 | NewsWatch Today
Senate Republicans released initial proposals for the next round of stimulus legislation that include several ICBA-advocated provisions, though ICBA will continue working with lawmakers to craft the legislation.

Op-ed: Congress should close ILC loophole

Jul 28, 2020 | NewsWatch Today
Congress should pass pending legislation to close the industrial loan company loophole, ICBA President and CEO Rebeca Romero Rainey wrote in an op-ed on Medium.

CFPB seeking feedback on small-biz reporting costs

Jul 28, 2020 | NewsWatch Today
The Consumer Financial Protection Bureau is conducting a survey of institutions offering small-business credit products to determine potential one-time costs associated with complying with Section 1071 of the Dodd Frank Act.

ICBA Services Network Announces New Board of Directors Member

Jul 27, 2020 | Press Release
ICBA Services Network, the business services subsidiary of the Independent Community Bankers of America, today announced that Shon Myers, chairman, president and CEO of Farmers & Merchants Bank in Miamisburg, Ohio, was elected to the ICBA Services Network board of directors.

Mastercard white paper: Authentication, intelligence, and the consumer journey

Jul 27, 2020 | News
In this brief, you’ll learn how a holistic approach to payments security can dramatically reduce the incidence of digital fraud.

Visa Payments Ecosystem highlights 2Q 2020

Jul 27, 2020 | News
The latest "Visa Payments Ecosystem Highlights" report summarizes recent themes and developments associated with key payments players from Q2’CY2020.

Visa American Mood Trend (July 2020)

Jul 26, 2020 | News
Visa economists report that consumer confidence is slowly rebounding, Gen Z consumers worry about public health than the economy or their own health, and more.

PPP data show community banks stepping up: blog

Jul 23, 2020 | NewsWatch Today
The SBA's release of Paycheck Protection Program loan data confirms that community banks have led the way in supporting the economic recovery in local communities.

Employee retention tax credit deadline is July 31

Jul 23, 2020 | NewsWatch Today
July 31 is the second-quarter deadline to report the Employee Retention Tax Credit to the IRS on Form 941s.

FDIC names new community bank committee members

Jul 23, 2020 | NewsWatch Today
ICBA congratulates the new members of the FDIC Advisory Committee on Community Banking, which provides advice and recommendations to the agency.