Podcast: Long-Term Fintech Investments Strengthen Bank During Pandemic
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
Agencies Temporarily Lower Community Bank Leverage Ratio to 8%
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%.
Navigating the ‘New Normal’ of a Global Pandemic
How banks are pivoting to address the challenges of the coronavirus.
Mnuchin, Top SBA Officials Answer Banker Questions on PPP
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.
Key SBA Form, Plus New ABA Resources on Paycheck Protection Program, Now Available
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.
Bonus Podcast: Questions and Answers on the SBA PPP
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.
The Telework-Ready Bank
How one bank ensured it could go 100 percent work-from-home in response to the pandemic—without missing a beat.
SBA Increases Rate, Clarifies Terms on Paycheck Protection Program Loans
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.
Podcast: How One Bank Workforce Went Fully Remote Amid COVID-19
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.
Linking Banking Career Aspirations with a Personal Finance Foundation
Union Savings Bank pairs personal finance skills with its banking careers program for underrepresented communities.