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CFPB issues debt-collection rule with ICBA-advocated change

Nov 2, 2020 | NewsWatch Today
The Consumer Financial Protection Bureau issued a final rule to implement the Fair Debt Collection Practices Act, which restricts debt collector communications with consumers.

Agencies propose regulation on supervisory guidance

Oct 30, 2020 | NewsWatch Today
Federal financial regulators invited comment on a proposal outlining and confirming the agencies’ use of supervisory guidance for regulated institutions. The proposal would codify their September 2018 statement clarifying the differences between regulations and guidance.

Grassroots on EIDL advances continues

Oct 30, 2020 | NewsWatch Today
ICBA continues urging community bankers to direct borrowers to ICBA's small-business alert addressing Economic Injury Disaster Loan Advance deductions from PPP forgiveness amounts. ICBA also offers a separate alert for community bankers.

Checks decline at faster pace as alternative payments grow: Fed

Oct 30, 2020 | NewsWatch Today
The Federal Reserve Board said the number of checks issued from 2015 to 2018 declined by 8.2 percent per year, a faster pace than the previously reported 7.2 percent annual decrease.

Senate bill responds to ICBA asset-threshold push

Oct 28, 2020 | NewsWatch Today
New legislation introduced by Sen. Mike Lee (R-Utah) is designed to protect borrowers and lenders from regulatory penalties associated with the Paycheck Protection Program after ICBA raised the issue with policymakers.

Romero Rainey: Grassroots needed on EIDL-PPP

Oct 28, 2020 | NewsWatch Today
ICBA President and CEO Rebeca Romero Rainey called on community bankers to contact Congress and engage small-business customers on the growing conflict between PPP loans and Economic Injury Disaster Loan advances.

Court blocks ICBA-backed 'disparate impact

Oct 28, 2020 | NewsWatch Today
A federal court this week blocked implementation of HUD's ICBA-supported final rule amending its interpretation of the Fair Housing Act’s "disparate impact" standard.

Proposal would expand BSA recordkeeping

Oct 26, 2020 | NewsWatch Today
The Financial Crimes Enforcement Network and Federal Reserve Board invited comment on a proposed rule that would amend Bank Secrecy Act recordkeeping and travel rule regulations.

ICBA PPP video promotion continues on social media

Oct 23, 2020 | NewsWatch Today
ICBA is urging community bankers to retweet and share on social media its ongoing series of videos featuring Paycheck Protection Program borrowers to continue raising the industry's profile.

ICBA continues push on EIDL advances

Oct 23, 2020 | NewsWatch Today
ICBA continues calling on community bankers to direct borrowers to ICBA's small-business alert addressing Economic Injury Disaster Loan Advances from borrower PPP forgiveness amounts.

Senators join ICBA opposition to securities filings change

Oct 23, 2020 | NewsWatch Today
A group of Senate Banking Committee members joined ICBA in opposing the Securities and Exchange Commission's proposal to raise the threshold over which institutional investment managers are required to file quarterly Form 13F reports.

FDIC responds to ICBA push on asset thresholds

Oct 21, 2020 | NewsWatch Today
The FDIC issued an ICBA-advocated interim rule adjusting regulatory asset thresholds for community banks to mitigate costs from their sizable Paycheck Protection Program lending