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 24, 2021

Mar 24, 2021 | Coronavirus Update
Treasury Secretary Janet Yellen painted an optimistic picture of the economy Tuesday, saying that while 10 million people still remain jobless, "we may see a return to full employment next year."

Senate taking up PPP extension this week

Mar 23, 2021 | NewsWatch Today
With the Senate expected to vote this week on House-passed legislation to extend the Paycheck Protection Program, ICBA is urging community bankers to contact their senators in support

FS-ISAC Coronavirus Update, March 23, 2021

Mar 23, 2021 | Coronavirus Update
The second batch of Covid-19 stimulus checks will be issued this week, the Biden administration announced Monday, with many of the payments expected to come via paper check or prepaid debit card and additional batches will be made weekly going forward.