OPERATIONAL RISK

Pandemic Response

A pandemic response plan is critical piece of any business continuity plan. The COVID-19 Pandemic serves as an extreme example of why pandemic plans are a necessity, but each year new diseases have the potential to disrupt our communities.

A disease outbreak becomes a pandemic in the event a disease spreads across several countries and affects a large number of people. Recent pandemics include the 2019-2020 COVID-19 Pandemic, the 2009 H1N1 Pandemic and the 1958 H3N2 Pandemic. Pandemics impact entire communities and stress entire economies.

A community bank’s preparedness and resilience during a pandemic may mean the difference between small businesses surviving a pandemic or not. Managing your staff and your operations efficiently through a pandemic is vital to the strength and stability of main street.


Sector Calls

Pandemic News

FS-ISAC Coronavirus Update, March 26, 2021

Mar 26, 2021 | Coronavirus Update
Covid cases in the US are rising again, reversing course after months of decline and threatening another setback in the return to normality, with the seven-day average of new cases jumping to 57,695 Wednesday - 9.5% above the prior week.

FS-ISAC Coronavirus Update, March 25, 2021

Mar 25, 2021 | Coronavirus Update
Governors and public health officials in more than 40 states have said they will meet or beat President Biden’s goal of making every adult eligible for a vaccine by May 1, and at least 30 states plan to start universal eligibility in March or April.

Big week for PPP, credit union grassroots

Mar 24, 2021 | NewsWatch Today
With Paycheck Protection Program and credit union issues coming to a head this week in Washington, ICBA is urging community bankers to weigh in with policymakers via its Be Heard grassroots action center.