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.
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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.
In a recent client bulletin, executives from Promontory, an IBM Company, identified several immediate and…
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.
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.
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.
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.
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.
How banks of all sizes are delivering tailored financial education programs that meet the needs of distinct—and vulnerable—groups in their communities.