Operational Risk includes risks such as cyber, data and physical security, natural disasters, pandemics or other forces that should be addressed in a community bank's disaster recovery, business continuity, incident response, or pandemic plans.
The factors weighing most heavily on coin circulation challenges are still unclear more than a year and half into the slowdown due to the anonymous nature of cash transactions, the U.S. Coin Task Force said.
Independent Community Bankers of America President and CEO Rebeca Romero Rainey issued the following statement on new interagency guidance that indicates temporary relief from the 9% Community Bank Leverage Ratio will expire on Dec. 31.
The Occupational Safety and Health Administration updated the compliance dates for its COVID-19 vaccine mandate for employers with 100 or more employees following a court ruling allowing it to proceed.