NewsWatch Today

The Paycheck Protection Program has cast a national light on the role of community banks in supporting small businesses, ICBA President and CEO Rebeca Romero Rainey writes in Main Street Matters.

The SBA issued a new Paycheck Protection Program interim final rule revising its recently updated eligibility guidelines for borrowers facing criminal charges. Newly revised borrower and lender application forms dated June 24 incorporate the changes.

The Federal Financial Institutions Examination Council released data on 2019 mortgage lending transactions covered by the Home Mortgage Disclosure Act.

Federal regulators released the 2020 list of distressed or underserved nonmetropolitan middle-income geographies.

The Consumer Financial Protection Bureau issued an interpretive rule on how it determines which counties qualify as "underserved" for a given calendar year.

Community bankers can download the recording of Tuesday's ICBA Community Bank Briefing on the Paycheck Protection Program. The briefing provides a regulatory update with a focus on PPP loan review and forgiveness.

The Federal Emergency Management Agency released an Exercise Starter Kit that organizations can use as they plan for returning to the new normal.

The SBA and Treasury Department said they will publicly release certain information about Paycheck Protection Program borrowers.

The SBA launched an online tool to match small businesses and nonprofits with smaller-asset Paycheck Protection Program lenders.

The FDIC board of directors is scheduled to meet at 2:30 p.m. (Eastern time) this Thursday, June 25

ICBA recently released a customizable op-ed that community bankers can use to share how they have rallied around small businesses during the COVID-19 pandemic and led the way on Paycheck Protection Program loans.

ICBA urged the FDIC to update its proposal to revise restrictions on brokered deposits that apply to less-than-well-capitalized banks.