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The ICBA Newsroom collects and centralizes all the NewsWatch Today articles, press releases, Main Street Matters blogs, advocacy letters and other news that impacts community bankers.

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ICBA offers scholarship for veterans

ICBA and The American College of Financial Services are offering a new “20 in 2020” scholarship for veterans and their families seeking careers as community bankers.
June 29, 2020 | ICBA NewsWatch Today  

Retail sales stage a comeback in May, but the hole remains deep

Visa economists break down the latest trends among consumer behaviors in their June Monthly Consumer Monitor report.
June 26, 2020 | News  

FDIC codifies 'valid when made' doctrine

The FDIC issued an ICBA-supported rule codifying agency guidance that the valid interest rate for a loan is determined when the loan is made and is unaffected by a subsequent sale or reassignment to a third party.
June 26, 2020 | ICBA NewsWatch Today   Lending 

SBA updates PPP guidance on maturity dates, fishing boats

The SBA updated its frequently asked questions on the Paycheck Protection Program with guidance on maturity dates.
June 26, 2020 | ICBA NewsWatch Today  

GAO: $1.4B in stimulus payments to deceased people

The Government Accountability Office's report on the federal COVID-19 response reported that the IRS sent nearly $1.4 billion in Economic Impact Payments to nearly 1.1 million deceased individuals.
June 26, 2020 | ICBA NewsWatch Today   Crisis Preparedness Lending 

Wolters Kluwer launches TSoftPlus PPP Forgiveness Module to Support US Paycheck Protection Program Participants

June 26, 2020 | News  

Regulators modify Volcker Rule

Financial regulators finalized a rule modifying the Volcker Rule’s prohibition on banking entities investing in or sponsoring hedge funds or private equity funds.
June 26, 2020 | ICBA NewsWatch Today   Compliance Compliance 

ICBA opposes Rakuten ILC resubmission

ICBA said the FDIC should deny Japanese e-commerce conglomerate Rakuten's application for federal deposit insurance at its Rakuten Bank America industrial loan company.
June 26, 2020 | ICBA NewsWatch Today   Commerce & Banking 

SBA revises PPP restrictions for applicants with felonies

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.
June 25, 2020 | ICBA NewsWatch Today   Advocacy Crisis Preparedness 

Agencies issue 2019 HMDA data

The Federal Financial Institutions Examination Council released data on 2019 mortgage lending transactions covered by the Home Mortgage Disclosure Act.
June 25, 2020 | ICBA NewsWatch Today   Mortgage Rules 

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