Advocacy News

IBA E-News 10-2-20 FEDERAL GOVERNMENT RELATIONS OCC Outlines Supervision Priorities for 2021 The Office of the Comptroller of the Currency yesterday released its bank supervision operating plan for fiscal year 2021, identifying what each of the agency’s supervisory operating units will focus on for the new federal fiscal year that started Oct. 1. The OCC indicated that supervision efforts will focus on the pandemic, including commercial and residential real estate concentration risk management, especially in sectors hard hit by COVID-19; compliance risk management associated with pandemic-related bank...
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IBA COVID-19 Updates 9-29-20 COVID-19 UPDATES Final Edition of COVID-19 Updates This issue of IBA COVID-19 Updates is the final edition of a series, which IBA initiated in April in response to the pandemic. Future updates about COVID-19 will continue to appear in IBA E-News, distributed each Friday. Beginning Tuesday, Oct. 6, member bank presidents and CEOs can expect to see a new weekly IBA email publication, “Tuesday Toplines,” outlining the hottest topics of the week from IBA president and CEO Amber Van Til. Acknowledging Systemic Risk, FSOC Endorses Plan to Raise Fannie, Freddie Capital While not going...
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IBA E-News 9-25-20 STATE GOVERNMENT RELATIONS Holcomb Moves Indiana to Stage 5 of Reopening At a press conference on Wednesday, Gov. Eric Holcomb announced that Indiana will move to Stage 5 of reopening procedures beginning tomorrow, Sept. 26. Face coverings and social distancing will still be required. Stage 5 plans, originally scheduled to roll out on July 4, were released earlier this year on the state’s Back On Track website. The guidelines have since been updated.  Read Stage 5 guidelines Visit Indiana's Back on Track website Changes Announced to State’s Small Business Restart...
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IBA COVID-19 Updates 9-22-20 COVID-19 UPDATES Action Alert: Urge Congress to Pass a Standalone PPP Forgiveness Bill The IBA is joining with the American Bankers Association and Independent Community Bankers of America to urge members of Congress to pass a standalone Paycheck Protection Program forgiveness bill before they break for recess in approximately three weeks. Legislators still have time to take action on existing PPP forgiveness bills (S. 4117 and H.R. 7777), but negotiations have stalled while broader pandemic relief packages are being debated. Meanwhile, small businesses continue to struggle while...
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