CBI News
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| New Flood Disaster Loan Program Announced by IDED | 8/25/2010 |
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Governor Culver recently announced a new program, Iowans Helping Iowans, mobilizing state resources to provide assistance to businesses and homes that sustained physical damage due to the 2010 natural disasters. The Iowa Department of Economic Development (IDED) has $7.5 million available to provide financial assistance to businesses located in the presidentially declared disaster area eligible for individual assistance, as designated by FEMA-1930-DR, that have been physically damaged or destroyed by the natural disasters of 2010.
One of eligibility requirements is that the business must be approved for a 2010 disaster loan from an eligible lender to receive financial assistance through the Iowans helping Iowans program. Full information is also available at www.iowanshelpingiowans.com. Also attached a fact sheet about the program, as well as sample letter IDED will be requiring businesses to provide as a part of their application process.
In addition to the business program, the Iowa Finance Authority is coordinating the disbursement of an additional $7.5 million to assist homeowners with property that has been damaged or destroyed, in these same designated counties. Complete information regarding the housing program is available also available at www.iowanshelpingiowans.com . The Sample Bank Loan Approval Letter can be found HERE Click for Sample Letter |
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| What a week for CBI | 7/23/2010 |
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Click here for Bulletin What a week for CBI |
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| US Senate to take Final Vote Up or Down Vote on Financial Reform | 7/02/2010 |
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The U.S. Senate will take a final vote up or down vote on the Conference Report on Financial Reform early next week. After careful consideration of its contents and the political climate surrounding this monumental legislation, CBI has concluded that adoption of this Report is preferable to no legislation and returning to the bargaining table. |
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| Dodd-Frank Score Card for Community Banks | 6/29/2010 |
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As you know, landmark financial reform legislation has passed the Senate and is being considered by the House as we speak. Like any legislation that attempts to address a large and diverse industry like financial services, there is much to consider, both in terms of the direct effects on community banks and the effects also on our larger, more complex, and fundamentally different industry competitors whose actions largely have spawned this result. We wanted to share with you a score card that can be used to evaluate the legislation exclusively from the perspective of community bankers. We, along with ICBA have and will continue to fight for parity and fair treatment in this and the resulting regulations based solely on the needs of, and realistic effects on community banks. We can do no other. Click here for Bulletin Dodd-Frank Act Score Card |
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| Legislative Bulletin | 5/14/2010 |
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Click here for Bulletin CBI Supports Amendment to Expand Community Bank CFPB Exemption, Opposes Durbin Interchange Amendment |
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| Legislative Bulletin | 5/06/2010 |
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Click here for Bulletin Community Bank Victory in Senate! |
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| Legislative Bulletin | 5/04/2010 |
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Click here for Bulletin Harkin Supports Financial Reform Amendment to Level Playing Field for Community Banks |
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| Legislative Bulletin | 5/04/2010 |
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Click here for Bulletin State-Chartered Banks: Urge Senate to Restore Fed Supervision |
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| Legislative Bulletin | 4/30/2010 |
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Click here for Bulletin Senate Poised to Begin Debate on Financial Reform |
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