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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 ThinkTECH partner named top accelerator program by Finovate

ICBA’s ThinkTECH Accelerator partner, The Venture Center, will be recognized during the Finovate fall virtual conference in September for its efforts to nurture quality fintech companies and prime them for success.
August 14, 2020 | ICBA NewsWatch Today  

Grassroots push continues amid stimulus debate

As negotiations over the next emergency stimulus package continue, ICBA is calling on community bankers to urge needed reforms.
August 14, 2020 | ICBA NewsWatch Today   Crisis Preparedness 

ICBA Statement on Fannie Mae/Freddie Mac Decision to Impose 50 Basis Point Fee on Mortgage Refinances

The Independent Community Bankers of America today issued a statement regarding the recent decision made by Fannie Mae and Freddie Mac to impose a 50 basis point fee on most refinance mortgages that are delivered to the GSEs as of September 1, 2020.
August 13, 2020 | Press Release   Mortgage Rules Housing Finance/GSEs 

ICBA kicks off ThinkTECH 3.0

ICBA announced the kickoff of its third ICBA ThinkTECH Accelerator program in partnership with The Venture Center.
August 13, 2020 | ICBA NewsWatch Today  

Blog discusses intersection between fintech and regulation

Unless you have been living on a desert island for the past few years, you would be hard-pressed to miss the technological revolution that is sweeping our nation’s financial system and the larger global economy, ICBA’s Chris Cole and Charles Potts write in a new blog post.
August 13, 2020 | ICBA NewsWatch Today   Cybersecurity 

Kennedy to FDIC: Stop companies from taking advantage of ILC loophole

Sen. John Kennedy (R-La.) wrote to FDIC Chairman Jelena McWilliams urging her not to allow industrial loan companies to exploit a loophole in the Bank Holding Company Act during the coronavirus pandemic.
August 13, 2020 | ICBA NewsWatch Today   Crisis Preparedness Lending 

CISA issues alert on SBA COVID-19 relief website attack

The Cybersecurity and Infrastructure Security Agency issued an alert concerning an unknown malicious cyber actor spoofing the Small Business Administration's COVID-19 relief webpage via phishing emails.
August 13, 2020 | ICBA NewsWatch Today   Crisis Preparedness Cybersecurity 

SBA issues interim final rule on loan review, updates FAQs

The SBA released an interim final rule on appeals of SBA loan review decisions under the Paycheck Protection Program that outlines the process for borrowers to appeal adverse SBA decisions.
August 12, 2020 | ICBA NewsWatch Today  

ICBA seeks extension on ECOA RFI deadline

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

Fintech Application Period Kicks Off for ICBA ThinkTECH Accelerator

ICBA today opened the application period for its third ICBA ThinkTECH Accelerator program in partnership with The Venture Center. The latest iteration of this global fintech accelerator continues ICBA’s mission to create and promote an environment where community banks flourish.
August 12, 2020 | Press Release  

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

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

Smaller lenders lead on PPP: SBA data

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.
August 12, 2020 | ICBA NewsWatch Today  

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

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.
August 11, 2020 | ICBA NewsWatch Today   Advocacy 

ICBA to CFPB: extend GSE patch

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.
August 11, 2020 | ICBA NewsWatch Today   CFPB Housing Finance/GSEs 

OCC reduces assessments due to COVID-19

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

Main Street, Inc. Acquires Marketing Technology Software Provider Onovative

Main Street, Inc., a leading provider of data-driven print services to community financial institutions across the nation, announced today the acquisition of Onovative, an automated marketing technology software provider based in Louisville, Kentucky.
August 11, 2020 | News  

ICBA payments brief focuses on small biz

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

PPP forgiveness platform now live

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

Visa American Mood Trend (August 2020)

Visa’s economists report on the dip in consumer confidence in July, how back-to-school spending will differ in 2020, and expectations for business conditions over the next six months.
August 10, 2020 | News  

Grassroots push continues amid stimulus debate

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

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