ICBA and its Minority Bank Advisory Council urged the Treasury Department and Federal Housing Finance Agency to reopen negotiations over amendments to the Preferred Stock Purchase Agreements for Fannie Mae and Freddie Mac that would limit purchases of certain types of loans.
ICBA released its latest video in a series on how community banks have partnered with small businesses during the pandemic to help them navigate the Paycheck Protection Program.
A new study conducted between April and May led by Public Health England has found that two doses of either the Pfizer-BioNTech or AstraZeneca-University of Oxford vaccine gives effective protection against the Covid variant first discovered in India.
The OCC finalized a rule applicable to national banks and federal savings associations administering a collective investment fund invested primarily in real estate or other assets that are not readily marketable.
The USDA announced the initial phase of plans to pay off USDA direct loans to socially disadvantaged (SDA) farmers and ranchers. It will subsequently announce its process for paying off guaranteed loans.
The Washington state Department of Health is announcing the closure of two of its four mass vaccination sites; coming as the state has vaccinated nearly 40% of its population.
Federal Reserve Board Chair Jerome Powell said the Fed is planning a discussion paper for this summer on the possibility of issuing a U.S. central bank digital currency.
The head of the National Credit Union Administration is scheduled to testify today on behalf of ICBA-supported legislation to expand oversight of third-party vendors, including credit union service organizations (CUSOs).
The Small Business Administration said there is approximately $5 billion remaining in Paycheck Protection Program funds set aside for certain community financial institutions.
ICBA supports the Office of the Comptroller of the Currency announcement that it will reconsider its Community Reinvestment Act rulemakings and information collection.
ICBA continues to offer a customizable op-ed and updated talking points that community bankers can use to raise awareness of credit union acquisitions of community banks.
President Biden announced today that the US will share at least 20 million doses of vaccines produced by Pfizer-BioNTech, Moderna and Johnson & Johnson for a total of 80 million doses globally by the end of June.
ICBA and The Venture Center today announced a series of curriculum-driven events as part of its expanded ICBA ThinkTECH initiative. The ICBA ThinkTECH Innovation Series focuses on emerging technologies that have the potential to positively impact the community banking industry.
