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

$5B left in PPP funds for certain institutions

May 19, 2021 | NewsWatch Today
The Small Business Administration said there is approximately $5 billion remaining in Paycheck Protection Program funds set aside for certain community financial institutions.

FS-ISAC Coronavirus Update, May 19, 2021

May 19, 2021 | Coronavirus Update
Dr. Anthony Fauci said Tuesday that the nation is on track to begin vaccinating children under 12 before next year.

FS-ISAC Coronavirus Update, May 18, 2021

May 18, 2021 | Coronavirus Update
President Biden announced today that the US will share at least 20 million doses of vaccines produced by Pfizer-BioNTech, Moderna and Johnson & Johnson for a total of 80 million doses globally by the end of June.