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ICBA Newsroom

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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Noah Wilcox: It’s all about connection

I hope to see you virtually at ICBA Connect. For community bankers, it’s all about that connection.
February 01, 2021 | Independent Banker  

Rebeca Romero Rainey: You make an impact

From your focus on people to the good that you do, you make a lasting impact, and that’s what makes you uniquely who you are.
February 01, 2021 | Independent Banker  

CFPB issues 2021 consumer reporting list

The Consumer Financial Protection Bureau issued its 2021 list of consumer reporting companies. The list includes the three nationwide consumer reporting companies as well as other companies.
February 01, 2021 | ICBA NewsWatch Today   Compliance 

IRS concluding stimulus payments

The IRS on Friday reissued 1.2 million Economic Impact Payments through the ACH network with an effective date of this Wednesday, Feb. 3. Another 2.3 million reissued EIP2 checks are scheduled to be printed and mailed by Friday, Feb. 5.
February 01, 2021 | ICBA NewsWatch Today   Advocacy Crisis Preparedness Lending 

[WATCH] Vinh Giang: Entrepreneur, Magician, Communications Teacher at ICBA Connect

Vinh Giang has spent the last 15 years mastering the art of performance-enhanced communication and has helped thousands of professionals to learn these skills. He joins us at ICBA Connect to tell us how we can amplify the best parts of ourselves.
February 01, 2021 | News  

ICBA Outlines 2021 Priorities in Congressional Letter

ICBA outlined its 2021 community bank policy agenda in an open letter to Congress. The letter advocates ICBA’s pragmatic legislative opportunities, which promote fairness and equity in our financial system for the benefit of consumers and local communities nationwide.
February 01, 2021 | Press Release  

FS-ISAC Coronavirus Update, Feb. 1, 2021

Amid a sometimes chaotic rollout of vaccines across the US, health experts say a glimmer of good news has emerged, with recent reports of cases in nursing homes having declined for the past four weeks, according to federal data.
February 01, 2021 | News   Advocacy Operational Risk Crisis Preparedness Risk 

SBA updates PPP FAQs with BSA/AML guidance

The SBA updated its frequently asked questions on the Paycheck Protection Program with guidance on the Financial Crimes Enforcement Network and BSA/AML compliance.
February 01, 2021 | ICBA NewsWatch Today   Advocacy BSA/AML Compliance Crisis Preparedness Lending 

SBA issues tax guidance on relief payments

The SBA issued several notices on its loan programs, including updated guidance on the tax implications of the six months of 7(a), 504, and Microloan payments it is making for borrowers under Section 1112 of the CARES Act.
February 01, 2021 | ICBA NewsWatch Today   Lending Lending 

What to Expect at ICBA Connect

This year, ICBA’s annual convention will come in the form of ICBA Connect, an immersive livestreamed event on March 9 and 10 for community bank leaders and their teams. Don’t worry, this isn’t another Zoom or Skype call—far from it.
February 01, 2021 | News  

FS-ISAC Coronavirus Breaking News, Jan. 29, 2021

Johnson & Johnson said Friday that its single-dose coronavirus vaccine was 72% effective in protecting against moderate and severe Covid-19 in the US, but was less potent in other regions.
January 29, 2021 | News   Advocacy Operational Risk Crisis Preparedness Risk 

FS-ISAC Coronavirus Update, Jan. 28, 2021

New Covid-19 cases continue to trend downward, with 16% fewer cases reported this week than last, but 95% of the US population lives in a county that the federal government considers to be a “sustained hotspot," according to a report.
January 29, 2021 | News   Advocacy Operational Risk Crisis Preparedness Risk 

SBA issues guidance on resolving PPP loan issues

The SBA issued a procedural notice and additional resources on resolving issues with first-draw Paycheck Protection Program loans to ensure borrower eligibility for second-draw loans, including codes to submit to the PPP loan platform.
January 28, 2021 | ICBA NewsWatch Today   Advocacy Crisis Preparedness Lending 

CISA - COVID-19 and Vaccine Distribution - Ongoing

The Cybersecurity and Infrastructure Security Agency announced a series of teleconferences on COVID-19 and vaccine distribution.
January 28, 2021 | News   Advocacy Risk Sector Calls Sector Calls 

FS-ISAC Coronavirus Update, Jan. 27, 2021

More than 24.6 million doses of Covid-19 vaccine have been administered in the US, according to data published Wednesday by the US Centers for Disease Control and Prevention.
January 28, 2021 | News   Advocacy Operational Risk Crisis Preparedness Risk 

USDA announces loan program flexibilities

The USDA announced the temporary suspension of past-due debt collections and foreclosures for distressed borrowers under the Farm Service Agency's Farm Storage Facility Loan and the Direct Farm Loan programs.
January 28, 2021 | ICBA NewsWatch Today   Agriculture 

SBA issues guidance on 7(a), 504 programs

In addition to its guidance on PPP loan issues, the SBA also issued guidance on Economic Aid Act provisions affecting the agency's 7(a) and 504 loan programs.
January 28, 2021 | ICBA NewsWatch Today   Advocacy Crisis Preparedness Lending 

Community banks outperform credit unions on overdraft: report

Community banks with less than $100 million in assets are offering better overdraft pricing to consumers than "rival" credit unions, according to a Moebs Services report covered by CU Today.
January 27, 2021 | ICBA NewsWatch Today   Credit Unions 

FS-ISAC Coronavirus Update, Jan. 26, 2021

The Centers for Disease Control and Prevention reported today that nearly 20 million people have received at least one dose of the vaccine, and nearly 3.5 million people have been fully vaccinated.
January 27, 2021 | News   Advocacy Operational Risk Crisis Preparedness Risk 

SBA plans improvements to PPP loan reviews

The SBA said it is working to improve reviews of first-draw Paycheck Protection Program loans. The agency said anomalies—mostly data mismatches and eligibility concerns—were identified in approximately 4.7 percent of lender-submitted data.
January 27, 2021 | ICBA NewsWatch Today   Advocacy Crisis Preparedness Lending 

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