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ICBA, agency roundtable on homeownership today

Oct 1, 2020 | NewsWatch Today
ICBA President and CEO Rebeca Romero Rainey is scheduled to join top regulators at 3 p.m. (Eastern time) today for a virtual roundtable discussion on homeownership.

Comment Letter Regarding DOJ's Bank Merger Competitive Review Guidelines

Sep 30, 2020 | Letters to Regulators | NewsWatch Today | Testimony
The competitive landscape of the banking industry has changed substantially since the Bank Merger Competitive Review Guidelines were adopted in 1995. ICBA strongly believes it is appropriate to update the approach to reviewing bank mergers.

Preserving the Integrity of the Bank Charter: The Community Bank Perspective

Sep 29, 2020 | Letters to Regulators | NewsWatch Today | Testimony
Community banks welcome technological innovation, but we must also recognize that technological change underscores the importance of a robust legal framework to ensure consumer protection as well as the safety and soundness of our institutions.

Virtual BSA/AML Institute in November

Sep 29, 2020 | NewsWatch Today
With the regulatory agencies committing to tougher and more inclusive BSA/AML exams, Community Banker University is hosting an upcoming BSA/AML Institute.

PPP loan-forgiveness problems make news

Sep 29, 2020 | NewsWatch Today
Politico reported on the frustrations of community banks and other lenders with the Paycheck Protection Program's loan-forgiveness process.

ICBA opposes threshold change on securities filings

Sep 29, 2020 | NewsWatch Today
ICBA filed a comment letter opposing the SEC's proposal to raise the threshold over which institutional investment managers are required to file quarterly Form 13F reports.

Hearing on fintech payments framework

Sep 28, 2020 | NewsWatch Today
While Congress continues to work on another stimulus package, the House Financial Services Committee has a virtual hearing this week on fintech payments.

Regulator council backs stricter GSE capital standards

Sep 28, 2020 | NewsWatch Today
The Financial Stability Oversight Council largely endorsed the Federal Housing Finance Agency's proposal to raise capital requirements on Fannie Mae and Freddie Mac.

ICBA to Congress: Simplify PPP forgiveness

Sep 28, 2020 | NewsWatch Today
ICBA urged Congress to immediately pass stand-alone legislation to simplify Paycheck Protection Program loan forgiveness to preserve the success of the program.

ICBA pressing PPP relief in hearing statement

Sep 25, 2020 | NewsWatch Today
ICBA today is repeating its call for a simplified Paycheck Protection Program forgiveness process in a statement for a House subcommittee hearing.

Congress to agencies: Act on PPP asset-threshold impact

Sep 25, 2020 | NewsWatch Today
ICBA's push for policymakers to address the impact of Paycheck Protection Program loans on regulatory asset thresholds continued making headway.

FHFA again extends forbearance purchases

Sep 25, 2020 | NewsWatch Today
The Federal Housing Finance Agency said Fannie Mae and Freddie Mac will extend from Sept. 30 to Oct. 31 the deadline on buying qualified loans in forbearance.