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What’s a special-purpose credit program?

In an effort to help financial institutions expand access to credit, the CFPB recently addressed regulatory uncertainty around special-purpose credit programs, or SPCPs. These programs are intended...

Jul 01, 2021
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Article
Compliance Lending

Why community banks are acquiring nonbanks

Acquiring a wealth management firm, fintech, title business or other nonbank organization can unlock new opportunities for community banks. But experts say that finding the right business to...

Jul 01, 2021
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Article
Growing the Community

Rebeca Romero Rainey: Starting a new chapter

As we enter a new chapter and start a new financial statement cycle, know that ICBA will be there to support you with tools, resources and advocacy efforts.

Jul 01, 2021
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Article

First Home Bank’s PPP pivot

First Home Bank doubled down on Paycheck Protection Program (PPP) lending, dedicating its entire SBA lending division and dozens of other employees to delivering much-needed funds to businesses....

Jul 01, 2021
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Article
Lending

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