NewsWatch Today

With hundreds of community bankers meeting virtually with congressional offices this week, ICBA today is urging community bankers nationwide to send grassroots messages to their members of Congress.

With 80 percent of bitcoin holders saying they would store it with their bank if offered, ICBA ThinkTECH’s new Cryptocurrency Demystified webinar series will help community bankers address the rising demand of digital currency.

The SBA reopened the Shuttered Venue Operators Grant application portal after technology issues scuttled its April 8 launch.

The OCC conditionally approved the ICBA-opposed trust bank charter application from Paxos, a cryptocurrency platform.

Community bankers who can’t participate in next week’s virtual ICBA Capital Summit will still be able to join in the grassroots outreach.

Cybersecurity firm FireEye said it is tracking 12 malware families associated with the exploitation of Pulse Secure VPN devices.

Congress should examine how the tax code is contributing to acquisitions of taxpaying community banks by tax-exempt credit unions, the National Taxpayers Union wrote in a new op-ed.

ICBA and other groups expressed opposition to a bill in the California legislature that would establish a government banking system in the state.

The House voted 321-101 to pass ICBA-advocated legislation to establish a safe harbor for financial institutions that serve cannabis-related businesses in states where cannabis is legal.

A group of House Republicans asked the SBA for information on its backlog of Paycheck Protection Program loan-forgiveness applications.

Fannie Mae, Freddie Mac, and the Federal Home Loan Banks should take steps to better understand and mitigate climate-related risks in their portfolios without disrupting the housing finance system, ICBA told the Federal Housing Finance Agency.

ICBA voiced its support for new legislation by Rep. Andy Barr (R-Ky.) to kickstart the economic recovery in underserved areas by easing regulations that hinder de novo bank formation.