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

SBA opening shuttered venue grant applications April 8

Mar 22, 2021 | NewsWatch Today
The SBA launched an online portal to receive Shuttered Venue Operators Grant applications when the application period begins April 8. The program offers $16 billion in grants for eligible live venues.

FS-ISAC Coronavirus Update, March 19, 2021

Mar 19, 2021 | Coronavirus Update
Covid-19 cases are rising by more than 10% in 14 states this week compared to last week, with half of those states rising by more than 20%, and while nationally the number of new cases has continued to decline the trend is not down for all states.

90M EIPs disbursed this week

Mar 18, 2021 | NewsWatch Today
The Treasury Department and IRS said they disbursed roughly 90 million Economic Impact Payments this week.