When autocomplete results are available use up and down arrows to review and enter to select.
Find out what's happening in communities across America, from grassroots advocacy efforts, to fintech innovations and everyday successes of Main Street banks.
By Steven Estep
The coronavirus pandemic, hurricane season, and the wildfires on the West Coast, stand as prudent reminders of how critical disaster preparedness is not only for community banks, but for our communities at large.
And while proper preparedness will never eliminate the risks of the threats our communities face, National Preparedness Month each September is a good time to review safeguards to improve operational resiliency and better weather the long-term impacts of these visible and invisible threats. As community banks look to shore up their operations here are a few tips to keep in mind to ensure resiliency.
Community banks are the lifeblood of Main Street and can be a beacon of stability during a disaster. Mitigating the impacts of disaster is crucial to helping our communities move forward. Through proper preparedness, community banks can create not only a resilient business, but a resilient community.
Steven Estep is ICBA's director of operational risk.