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ICBA seeks extension on ECOA RFI deadline

Aug 12, 2020 | NewsWatch Today
ICBA joined other groups urging the Consumer Financial Protection Bureau not to rush potential changes to the Equal Credit Opportunity Act.

HUD sets aside funding to help low-income households amid COVID-19

Aug 12, 2020 | NewsWatch Today
The Department of Housing and Urban Development announced $472 million in CARES Act funding to help low-income families during the coronavirus pandemic.

Smaller lenders lead on PPP: SBA data

Aug 12, 2020 | NewsWatch Today
Lenders under $10 billion in assets have made some 2.74 million Paycheck Protection Program loans worth more than $233 billion through both rounds of funding, the SBA reported.

ICBA’s Romero Rainey to policymakers: streamline PPP forgiveness process

Aug 11, 2020 | NewsWatch Today
Policymakers need to simplify the onerous forgiveness process for small businesses to ensure the Paycheck Protection Program fulfills its purpose to support the nation’s top job creators, ICBA President and CEO Rebeca Romero Rainey writes in a new op-ed in The Hill.

ICBA to CFPB: extend GSE patch

Aug 11, 2020 | NewsWatch Today
ICBA filed a comment letter urging the Consumer Financial Protection Bureau to extend its policy exempting Fannie Mae and Freddie Mac mortgage loans from the bureau’s Qualified Mortgage rule to January 2022 or one year from the finalization of any proposed rule.

ICBA payments brief focuses on small biz

Aug 11, 2020 | NewsWatch Today
ICBA's latest Payments Executive Brief focuses on how community banks can use payments to take advantage of small-business opportunities.

OCC reduces assessments due to COVID-19

Aug 11, 2020 | NewsWatch Today
The OCC is reducing assessments due to the OCC on Sept. 30, 2020, because of the COVID-19 emergency.

PPP forgiveness platform now live

Aug 10, 2020 | NewsWatch Today
The Small Business Administration's Paycheck Protection Program forgiveness platform is live and scheduled to begin accepting loan-forgiveness applications and decisions today.

Grassroots push continues amid stimulus debate

Aug 10, 2020 | NewsWatch Today
As negotiations over the next emergency stimulus package continue, ICBA is calling on community bankers to urge needed reforms.

ICBA seeks clear rules on PPP agent relationships

Aug 10, 2020 | NewsWatch Today
ICBA called on the Treasury Department and SBA to clarify rules on Paycheck Protection Program fees paid to agents that assist borrowers or lenders.

USDA survey measuring areas for improvement

Aug 10, 2020 | NewsWatch Today
The USDA announced a new annual survey of farmers, ranchers and private forestland owners.

ICBA Names Michael Marshall as Director of Regulatory, Legal Affairs

Aug 7, 2020 | NewsWatch Today
The Independent Community Bankers of America announced today the hire of its government relations legal intern Michael Marshall as director of regulatory and legal affairs.