Washington Post Article Spotlights Community Banks’ PPP Efforts
A new article in the Washington Post yesterday spotlighted the round-the-clock efforts of community banks to make Paycheck Protection Program loans with a largely remote workforce.
Browsing: Community Banking
Senate Clears $320B in Additional Funding for Paycheck Protection Program
After bipartisan negotiations, the Senate this afternoon unanimously passed legislation to provide more than $320 billion in new funding for the Small Business Administration’s Paycheck Protection Program.
Tips on Bank Board Engagement During Crises
In a recent client bulletin, executives from Promontory, an IBM Company, identified several immediate and…
ABA Chair Stewart: Small Businesses ‘Starving’ for PPP Funding
In an interview with NPR’s Marketplace radio program, ABA Chair Laurie Stewart discussed her bank’s recent experience rolling out the SBA’s Paycheck Protection Program.
Fast Forward to the Mobile Workplace
The COVID-19 outbreak has prompted banks to move with lightning speed toward mobile work arrangements—and with that move comes pressing new considerations and security issues must be reassessed in the light of the massive workplace changes.
Podcast: Financial Literacy and Social Distancing
April is Financial Literacy Month, but with schools closed because of the coronavirus pandemic and social distancing rules in place across the country, bankers are pivoting to video conferencing and virtual formats to deliver financial lessons.
SBA Provides Much-Sought Guidance on PPP Loans for Self-Employed, Independent Contractors
With independent contractors and the self-employed now applying for Paycheck Protection Program loans, the Small Business Administration today issued an interim final rule clarifying eligibility and application processes for these individuals.
CNBC Story Spotlights Banks’ Efforts to Complete PPP Loans
A CNBC story published today documents the herculean efforts by many banks to process, approve and fund loans through the Small Business Administration’s Paycheck Protection Program.
Responding to America’s Diverse Financial Education Needs
How banks of all sizes are delivering tailored financial education programs that meet the needs of distinct—and vulnerable—groups in their communities.
By the Books: Regulatory Expectations
Regulatory principles and practices for business continuity management are spelled out in a booklet in…