ICBA testifying next week on PPP

ICBA is scheduled to testify before Congress next week on community bank leadership in Paycheck Protection Program lending.

Witness: Robert Barnes, president and CEO of PriorityOne Bank in North Magee, Miss., will testify on behalf of ICBA.

Hearing: Scheduled for 10 a.m. (Eastern time) Wednesday, March 16, the House Small Business subcommittee hearing will provide an empirical review of the PPP’s effectiveness in preserving jobs and reaching underserved small-business owners.

More: A series of recent ICBA blog posts break down how community banks:

• Served those most in need of emergency assistance.

• Drove lending in the PPP’s earliest weeks.

• Led the financial services industry’s response.