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CFPB proposes delaying debt collection rules

Apr 8, 2021 | NewsWatch Today
The Consumer Financial Protection Bureau proposed delaying the effective date of two recent debt collection rules to provide more time to comply.

ICBA expands Financial Literacy Month resources

Apr 8, 2021 | NewsWatch Today
ICBA added more Financial Literacy Month resources to its "Tell Your Story" marketing and communications toolkit to help community banks celebrate in April.

SBA warns of PPP funding crunch

Apr 7, 2021 | NewsWatch Today
The SBA is warning Congress that the recently extended Paycheck Protection Program is starting to run low on funds with nearly two months left for borrowers to apply.

ICBA urges delay in GSE product restrictions

Apr 7, 2021 | NewsWatch Today
ICBA and other groups called on Treasury Secretary Janet Yellen and FHFA Director Mark Calabria to delay product and program restrictions for Fannie Mae and Freddie Mac.

ICBA backs BSA/AML relief bill

Apr 7, 2021 | NewsWatch Today
ICBA expressed support for legislation to raise the currency transaction reporting and Suspicious Activity Reporting thresholds to $30,000 and $10,000, respectively.

Independent Banker interviews new ICBA leaders

Apr 6, 2021 | NewsWatch Today
The April issue of Independent Banker magazine profiles ICBA's 2021-2022 executive committee. The interviews with ICBA leadership bankers cover the pandemic’s permanent changes to banking, evolving customer needs and expectations, community bank advocacy priorities, and more.

Senate Republicans urge CBLR relief extension

Apr 6, 2021 | NewsWatch Today
Senate Banking Committee Republicans led by Sen. Mike Crapo (R-Idaho) called on federal regulators to use their authority to extend the 8 percent Community Bank Leverage Ratio through Dec. 31.

CFPB proposes servicing changes to prevent foreclosures

Apr 6, 2021 | NewsWatch Today
The Consumer Financial Protection Bureau proposed a set of rules changes to prevent foreclosures as emergency protections expire.

Credit union hearing push intensifies

Apr 5, 2021 | NewsWatch Today
ICBA is encouraging community bankers to call on Congress to hold hearings on credit union acquisitions of taxpaying community banks.

ICBA backs estate tax repeal bill

Apr 5, 2021 | NewsWatch Today
ICBA and other groups thanked Sen. John Thune (R-S.D.) and Reps. Jason Smith (R-Mo.) and Sanford Bishop (D-Ga.) for introducing legislation to permanently repeal the estate tax, which taxes the value of an estate at the time of death.

IRS issues Employee Retention Credit guidance

Apr 5, 2021 | NewsWatch Today
The IRS issued guidance for employers claiming the Employee Retention Credit for the first and second quarters of 2021.

ICBA urges hearings following major credit union acquisition

Apr 2, 2021 | NewsWatch Today
Following the announcement of the largest-ever credit union purchase of a community bank, ICBA renewed its call for policymakers to investigate credit union acquisitions of community banks.