SBA Outlines Process for PPP Lenders to Clear Hold Codes, Error Messages
With many banks continuing to receive hold codes and compliance check error messages when submitting first- and second-draw Paycheck Protection ...
Tag: Coronavirus
IRS Extends Contribution Due Dates for IRAs and HSAs to May 17
Following an announcement from the Internal Revenue Service earlier this month extending the filing date for individual tax returns from ...
Survey: Security, Fraud Protection Among Top Considerations for New Savings Account Customers
When consumers shop for a new savings account, their top consideration is strong safety, security and fraud protection, with 61% ...
Fed: Eligible Firms May Resume Dividends, Share Repurchases in July
The Federal Reserve said today that it will lift its temporary restrictions on bank holding companies’ dividends and share repurchases ...
Podcast: How the OCC’s Premises Proposal Could Hamstring Bank Operations
On the latest episode of the ABA Banking Journal Podcast, ABA Senior Counsel Shaun Kern discusses the OCC's recent proposal ...
Yellen Supports PPP Extension; Economic Recovery Progressing ‘Quickly,’ Powell Says
Testifying before the Senate Banking Committee today Treasury Secretary Janet Yellen told the committee that she supports an extension of ...
CFPB Report Highlights 99% Timely Response to Complaints in 2020
The Consumer Financial Protection Bureau reported that banks and other companies responded in a timely manner to 99% of complaints ...
Yellen Touts PPP Changes to Target Small Businesses
Testifying before the House Financial Services Committee today, Treasury Secretary Janet Yellen highlighted recent changes to the Small Business Administration's ...
IRS, Treasury Announce Next Batch of Economic Impact Payments
The Internal Revenue Service and Treasury announced today that the next batch of economic impact payments will be sent to ...
SBA Updates PPP Borrower Forms to Reflect Recent Changes
The Small Business Administration has issued several updated forms for Paycheck Protection Program borrowers and lenders, reflecting changes announced in ...
