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Cyberattacks continue to rise amid outbreak

Jun 3, 2020 | NewsWatch Today
The attacks on community banks and their customers continue to rise, reinforcing the need to refocus on cybersecurity while adjusting to the “new normal,” ICBA Director of Operational Risk Steven Estep wrote in Main Street Matters.

Romero Rainey: press Senate on PPP reforms

Jun 2, 2020 | NewsWatch Today
With the Senate considering Paycheck Protection Program reforms after the House passed its reform bill last week, community banks should urge lawmakers to enact recommended changes, ICBA President and CEO Rebeca Romero Rainey wrote.

Community bank hosts Pence for small-biz roundtable

Jun 2, 2020 | NewsWatch Today
ICBA Minority Bank Advisory Council member George Andrews and others at Unity National Bank in Atlanta last week hosted top administration officials for a roundtable discussion on U.S. small businesses.

ICBA testifying tomorrow on CDFIs, minority banks

Jun 2, 2020 | NewsWatch Today
ICBA is scheduled to testify tomorrow before Congress on community development financial institutions and minority depository institutions.

OCC ruling clarifies permissible interest on transferred loans

Jun 1, 2020 | NewsWatch Today
The OCC finalized its rule clarifying that when banks sell or assign a loan, interest permissible prior to the transfer continues to be permissible afterward.

FDIC issues CRA exam schedules

Jun 1, 2020 | NewsWatch Today
The FDIC issued the lists of institutions scheduled for Community Reinvestment Act examinations during the third and fourth quarter of 2020, as required by law.

Tell Congress PPP changes needed

Jun 1, 2020 | NewsWatch Today
ICBA is calling on community bankers to provide Congress with policy recommendations to make the Paycheck Protection Program more workable for lenders and borrowers.

House passes PPP reform bill

May 29, 2020 | NewsWatch Today
The House voted 417-1 to pass legislation to ease restrictions on the Small Business Administration’s Paycheck Protection Program, as advocated for by ICBA.

Fed provides update on Main Street Lending Program

May 29, 2020 | NewsWatch Today
The Federal Reserve Bank of Boston has provided additional guidance related to the Fed’s Main Street Lending Program for potential borrowers and lenders.

SBA and Treasury set aside $10B in PPP funding for CDFIs

May 29, 2020 | NewsWatch Today
The Small Business Administration and the Treasury Department announced plans to set aside $10 billion of round two of Paycheck Protection Program funding for Community Development Financial Institutions.

ICBA, state groups call for PPP reform

May 28, 2020 | NewsWatch Today
ICBA and 43 state banking associations wrote to Congress seeking more workable forgiveness loan terms under the Small Business Administration’s Paycheck Protection Program.