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ICBSD Blog
Our blog features the latest news, updates, and insights from the community banking industry.
[vc_row][vc_column][vc_cta h2=\”Paycheck Protection Program \” h2_google_fonts=\”font_family:Montserrat%3Aregular%2C700|font_style:400%20regular%3A400%3Anormal\” h4=\”Frequently Asked Questions \” color=\”green\” add_button=\”bottom\” btn_title=\”View FAQs\” use_custom_fonts_h2=\”true\” btn_link=\”url:https%3A%2F%2Fhome.treasury.gov%2Fsystem%2Ffiles%2F136%2FPaycheck-Protection-Program-Frequenty-Asked-Questions.pdf||target:%20_blank|\”]The U.S. Treasury has released a FAQ document regarding the Paycheck Protection Program to provide you with additional guidance.[/vc_cta][/vc_column][/vc_row]
[vc_row][vc_column][vc_cta h2=\”Paycheck Protection Program \” h2_google_fonts=\”font_family:Montserrat%3Aregular%2C700|font_style:400%20regular%3A400%3Anormal\” h4=\”Frequently Asked Questions \” color=\”green\” add_button=\”bottom\” btn_title=\”View FAQs\” use_custom_fonts_h2=\”true\” btn_link=\”url:https%3A%2F%2Fhome.treasury.gov%2Fsystem%2Ffiles%2F136%2FPaycheck-Protection-Program-Frequenty-Asked-Questions.pdf||target:%20_blank|\”]The U.S. Treasury has released a FAQ document regarding the Paycheck Protection Program to provide you with additional guidance.[/vc_cta][/vc_column][/vc_row]
[vc_row][vc_column][vc_custom_heading text=\”Agencies Announce Changes to the Community Bank Leverage Ratio\” google_fonts=\”font_family:Montserrat%3Aregular%2C700|font_style:400%20regular%3A400%3Anormal\”][/vc_column][/vc_row][vc_row][vc_column][vc_column_text] News Release – April 06, 2020 Agencies Announce Changes to the Community Bank Leverage Ratio The federal bank regulatory agencies today announced the issuance of two interim final rules to provide temporary relief to community banking organizations. The agencies are acting to implement Section […]
[vc_row][vc_column][vc_cta h2=\”SBA PPP: Resources and Forms\” h2_google_fonts=\”font_family:Montserrat%3Aregular%2C700|font_style:400%20regular%3A400%3Anormal\” color=\”green\” add_button=\”bottom\” btn_title=\”VIEW FULL BREAKDOWN\” btn_color=\”green\” use_custom_fonts_h2=\”true\” btn_link=\”url:https%3A%2F%2Fwww.icbsd.com%2Fwp-content%2Fuploads%2F2020%2F04%2FPPP-Full-Breakdown-4.3.2020.pdf|||\”] On April 2, 2020 the interim final rule for the Paycheck Protection Program (PPP) was released to the public. Since then, ICBSD has been hard at work reviewing and analyzing the rule to provide as much clarity as possible for […]
[vc_row][vc_column][vc_column_text]Governor Kristi Noem has declared April as Community Banking Month as a way to recognize the unwavering commitment and tremendously positive impact independent community banks have on their communities throughout the state. We encourage you to share this with your staff, board members, patrons and community members![/vc_column_text][/vc_column][/vc_row][vc_row][vc_column][vc_single_image image=\”3872\” img_size=\”large\”][/vc_column][/vc_row]
[vc_row][vc_column][vc_custom_heading text=\”Treasury Issues Paycheck Protection Program Information\” google_fonts=\”font_family:Montserrat%3Aregular%2C700|font_style:400%20regular%3A400%3Anormal\”][/vc_column][/vc_row][vc_row][vc_column width=\”2/3\”][vc_column_text]Just as community bankers are working nonstop to support their local customers and communities amid the coronavirus outbreak, ICBA is working around the clock and committed to getting you the facts and resources you need as soon as possible so you can focus on running your bank. […]
[vc_row][vc_column width=\”2/3\”][vc_cta h2=\” The CARES Act Has Been Passed—What You Should Know\” h2_google_fonts=\”font_family:Montserrat%3Aregular%2C700|font_style:400%20regular%3A400%3Anormal\” color=\”green\” add_button=\”bottom\” btn_title=\”Learn More\” btn_color=\”green\” use_custom_fonts_h2=\”true\” btn_link=\”url:https%3A%2F%2Fwww.eidebailly.com%2Finsights%2Farticles%2F2020%2F3%2Fthe-cares-act-has-been-passed-what-you-should-know%3Futm_medium%3Demail%26utm_campaign%3Dcovid_19%26utm_content%3Dfi||target:%20_blank|\”]The Coronavirus Aid, Relief and Economic Security Act (CARES) was signed into law by the President on March 27, 2020. This comes after moving through various objections to passage in both the Senate and the House […]
[vc_row][vc_column width=\”2/3\”][vc_cta h2=\”SBA Loan FAQ for Community Banks\” h2_google_fonts=\”font_family:Montserrat%3Aregular%2C700|font_style:400%20regular%3A400%3Anormal\” color=\”green\” add_button=\”bottom\” btn_title=\”View FAQ\’s\” btn_color=\”success\” use_custom_fonts_h2=\”true\” btn_link=\”url:http%3A%2F%2FSBA%20Loan%20FAQ%20for%20Community%20Banks|||\”] Many businesses are likely to apply for the relief being funneled through the Small Business Administration as part of the recently passed CARES Act. To help community banks understand these new loans, ICBSD Preferred Partner Eide Bailly created an […]
[vc_row][vc_column][vc_custom_heading text=\”Detailing the Community Bank Provisions of the CARES Act\” google_fonts=\”font_family:Montserrat%3Aregular%2C700|font_style:400%20regular%3A400%3Anormal\”][/vc_column][/vc_row][vc_row][vc_column][vc_column_text]On March 27, President Donald Trump signed the Coronavirus Aid, Relief, and Economic Security (CARES) Act into law. ICBA succeeded in including a number of provisions that will help community banks sustain critical economic activity with access to credit to struggling small businesses, families, and individuals. Note […]
[vc_row][vc_column][vc_custom_heading text=\”Filing and Payment Deadlines Questions and Answers\” google_fonts=\”font_family:Montserrat%3Aregular%2C700|font_style:400%20regular%3A400%3Anormal\”][/vc_column][/vc_row][vc_row][vc_column width=\”5/6\”][vc_column_text]In Notice 2020-18 (PDF), the Treasury Department and the Internal Revenue Service (IRS) announced special Federal income tax return filing and payment relief in response to the ongoing Coronavirus Disease 2019 (COVID-19) emergency. Visit the link below for answers to frequently asked questions related to the relief […]