ICBA testifies on need for simple PPP forgiveness

Sep 2, 2021 | NewsWatch Today
ICBA told Congress that the Paycheck Protection Program needs a simple, easy-to-use forgiveness process to ensure the program works as intended for small-business borrowers.

ICBA campaign against IRS monitoring striking a nerve

Sep 2, 2021 | NewsWatch Today
ICBA’s consumer-facing campaign opposing a proposal to require the IRS to monitor bank account information has struck a nerve with community bank customers.

CFPB issues 1071 proposed rule

Sep 2, 2021 | NewsWatch Today
The Consumer Financial Protection Bureau issued a proposed rule to implement Dodd-Frank Section 1071, which requires the bureau to implement data collection and reporting requirements for small-business lending.

ICBA Statement on CFPB 1071 Proposed Rule

Sep 1, 2021 | Press Release
Independent Community Bankers of America (ICBA) President and CEO Rebeca Romero Rainey issued the following statement on today’s Consumer Financial Protection Bureau proposed rule to implement Section 1071 of the Dodd-Frank Act.

ICBA Offers Financial Preparedness Tips to Help Speed Recovery Following a Natural Disaster

Sep 1, 2021 | Press Release
In recognition of National Preparedness Month in September, the Independent Community Bankers of America (ICBA) and the nation’s community bankers are offering tips to help Americans secure their financial documents before disaster strikes.

ICBA to Congress: PPP Forgiveness Should Be Straightforward

Sep 1, 2021 | Press Release
The Independent Community Bankers of America (ICBA) today told Congress that the Small Business Administration’s Paycheck Protection Program needs a simple, easy-to-use forgiveness process to ensure the program works as intended for small-business borrowers.

Community bank customers weigh in on IRS monitoring

Sep 1, 2021 | NewsWatch Today
Community bank customers have joined the industry in expressing opposition to the Biden administration’s proposal to require banks to report their customers’ account information to the IRS.

Treasury studying insurance sector climate risks

Sep 1, 2021 | NewsWatch Today
The Treasury Department said the Federal Insurance Office is requesting public comment on the insurance sector and climate-related financial risks.

Financial Times: Community banks ‘irreplaceable’ during pandemic

Aug 31, 2021 | NewsWatch Today
A new Financial Times article (paywall) reports on how community banks have been “irreplaceable” during the pandemic, including by leading the Paycheck Protection Program response.

Agencies issue statement on Hurricane Ida

Aug 31, 2021 | NewsWatch Today
Federal and state regulators said they will provide appropriate regulatory assistance to institutions affected by Hurricane Ida.

FEMA - Daily Calls for Broad Stakeholder Business & Industry Coordination Call Regarding Hurricane Ida

Aug 30, 2021 | Sector Calls
FEMA invites you to participate in daily at 3 pm Eastern addressing coordinated efforts regarding recovery in the aftermath of Hurricane Ida.

ICBA testifying on PPP forgiveness

Aug 30, 2021 | NewsWatch Today
ICBA Chairman Robert Fisher is scheduled to testify this Wednesday at a House Small Business Committee hearing on what’s next for Paycheck Protection Program forgiveness.

ICBA continues IRS reporting consumer push

Aug 30, 2021 | NewsWatch Today
ICBA continues encouraging consumers to express opposition to the Biden administration’s proposal to require banks to report their customers’ account information to the IRS.

ARRC issues FAQs on LIBOR transition best practices

Aug 30, 2021 | NewsWatch Today
The Alternative Reference Rates Committee released frequently asked questions on its best practices for using Secured Overnight Financing Rate term rates.

ICBA urging consumer opposition to IRS reporting plan

Aug 27, 2021 | NewsWatch Today
ICBA is encouraging consumers to express opposition to the Biden administration’s proposal to require banks to report their customers’ account information to the IRS.

Credit union-bank acquisitions top 100

Aug 27, 2021 | NewsWatch Today
ICBA renewed its call for policymakers to examine the credit union tax exemption as the number of credit union-bank acquisitions passed 100.

As Credit Union-Bank Acquisitions Top 100, ICBA Urges Washington to Act

Aug 25, 2021 | Press Release
With the number of tax-exempt credit union purchases of taxpaying community banks passing 100, the Independent Community Bankers of America is renewing its call for policymakers to examine the loophole contributing to these tax-subsidized acquisitions.

ICBA to HUD: Disparate-impact rule must conform to court ruling

Aug 25, 2021 | NewsWatch Today
ICBA and other groups expressed opposition to a Department of Housing and Urban Development proposal to re-implement its 2013 rule on discriminatory effects.

Nacha ACH modernization rules effective next month

Aug 25, 2021 | NewsWatch Today
Nacha “Meaningful Modernization” changes to improve and simplify the ACH user experience are scheduled to take effect next month.

ICBA Names Dale Kraemer Vice President, Finance & Accounting

Aug 24, 2021 | Press Release
The Independent Community Bankers of America announced Dale Kraemer has joined ICBA as vice president of finance and accounting.