Ed Francis talks about how InBank’s technology investments have positioned the company to serve its customers and thrive long-term, even in the midst of the coronavirus pandemic.
Browsing: Community Banking
As required by Section 4012 the CARES Act, the federal banking agencies today temporarily lowered the community bank leverage ratio, issuing two interim final rules to set the CLBR at 8% and then gradually re-establish it at 9%.
How banks are pivoting to address the challenges of the coronavirus.
With banks across the country working through the weekend to make and fund loans through the Small Business Administration’s Paycheck Protection Program, Treasury Secretary Steven Mnuchin and several other senior Treasury and SBA officials met on Sunday morning with ABA banker leaders to answer questions and hear feedback.
The Small Business Administration today published Form 3506, which banks must submit in order to receive delegated authority to issue 7(a) loans under the Paycheck Protection Program.
Bankers have lots of questions about the Small Business Administration’s new Paycheck Protection Program, which launched today to deliver up to $349 billion to small businesses struggling with the economic fallout from the coronavirus pandemic.
How one bank ensured it could go 100 percent work-from-home in response to the pandemic—without missing a beat.
The Small Business Administration today issued an interim final rule that provides additional implementation guidelines and requirements for its Paycheck Protection Program to aid small businesses hit hard by the COVID-19 crisis.
Live Oak Bank CTO Brian Lora talks about how the bank’s cloud-based infrastructure helps it stay resilient and rapidly go remote when hurricanes, or a global pandemic, strikes.
Union Savings Bank pairs personal finance skills with its banking careers program for underrepresented communities.