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NewsWatch Today

PPP funds could be exhausted soon

May 4, 2021 | NewsWatch Today
The SBA reportedly told congressional offices that general Paycheck Protection Program funding could be exhausted soon.

Bowman provides reg update on fintech partnerships

May 3, 2021 | NewsWatch Today
A recent column from Federal Reserve Gov. Michelle Bowman provides an update on regulatory efforts to promote community bank innovation and partnerships with fintech firms.

Fed: banking system showing resilience

May 3, 2021 | NewsWatch Today
Financial institutions’ strong capital and liquidity positions have enabled the banking system to support the U.S. economic recovery, the Federal Reserve reported.

Last chance for service award submissions

Apr 30, 2021 | NewsWatch Today
Today is the deadline to submit nominations and votes for ICBA’s updated National Community Bank Service Award program. This year’s awards recognize exceptional service, emerging service programs, and the people's choice.

Capital Summit grassroots continue today

Apr 30, 2021 | NewsWatch Today
While this week’s ICBA Capital Summit concludes today, ICBA is urging community bankers to continue engaging their elected officials with grassroots messages on social media.

IRS reporting plan would increase burdens: ICBA’s Merski

Apr 30, 2021 | NewsWatch Today
ICBA’s Paul Merski told Bloomberg that additional IRS reporting being floated this week by the Biden administration would increase compliance burdens for community banks.

CFPB reports on fair lending enforcement

Apr 29, 2021 | NewsWatch Today
The Consumer Financial Protection Bureau issued its fair lending annual report to Congress describing its fair lending enforcement priorities and statistics.

CFPB: More complaints from minority counties

Apr 29, 2021 | NewsWatch Today
The Consumer Financial Protection Bureau released a county-by-county analysis of consumer complaints. The bureau said it received more complaints per capita from consumers living in predominantly minority counties in 2019 and 2020

Credit union groups mixed on CRA-lite

Apr 28, 2021 | NewsWatch Today
Recently reintroduced Senate legislation to codify community outreach policies for community credit unions is getting a mixed reception from credit union industry groups.

CFPB delays new QM rule

Apr 28, 2021 | NewsWatch Today
The Consumer Financial Protection Bureau issued a final rule formally delaying the mandatory compliance date of its recently modified general Qualified Mortgage final rule from July 1, 2021, to Oct. 1, 2022.

ICBA urging messages to Congress today

Apr 26, 2021 | NewsWatch Today
With hundreds of community bankers meeting virtually with congressional offices this week, ICBA today is urging community bankers nationwide to send grassroots messages to their members of Congress.

ICBA launches crypto webinar series

Apr 26, 2021 | NewsWatch Today
With 80 percent of bitcoin holders saying they would store it with their bank if offered, ICBA ThinkTECH’s new Cryptocurrency Demystified webinar series will help community bankers address the rising demand of digital currency.