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SBA: PPP changes effective this week

SBA: PPP changes effective this week The SBA this week plans to issue an interim final rule detailing and implementing pending changes to the Paycheck Protection Program. The SBA this week plans to...

Mar 01, 2021
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Article
Advocacy Crisis Preparedness Lending

ICBA summarizes new House-passed stimulus plan

ICBA summarizes new House-passed stimulus plan ICBA released a summary of the House version of the $1.9 trillion American Rescue Plan Act (H.R. 1319), which the House passed Saturday on a nearly...

Mar 01, 2021
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Article
Advocacy Crisis Preparedness

FS-ISAC Coronavirus Update, Feb. 26, 2021

FS-ISAC Coronavirus Update, Feb. 26, 2021 ollowing are today’s major Headlines, US Snapshots, US Vaccinations, US Variant Cases, key Highlights, the “Good Stuff” as well as key Statistics, Vaccine...

Feb 26, 2021
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Article
Advocacy Operational Risk Crisis Preparedness

Oconee State Bank Taps FINBOA to Automate Back-Office Workflows

Oconee State Bank Taps FINBOA to Automate Back-Office Workflows Oconee State Bank has partnered with FINBOA, a leading innovator in digital automation and regulatory compliance for financial...

Feb 25, 2021
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Article

Fed payment services back up following disruption

Fed payment services back up following disruption Federal Reserve payment services are back online following a three-hour disruption yesterday that the Fed attributed to "operational error."...

Feb 25, 2021
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Article
Federal Reserve

PPP small borrower window opens, other reforms effective next week

PPP small borrower window opens, other reforms effective next week One of the Biden administration's Paycheck Protection Program reforms announced earlier this week started yesterday, with the rest...

Feb 25, 2021
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Article
Advocacy Crisis Preparedness Lending

Bill would expand farm partnership access to PPP

Bill would expand farm partnership access to PPP ICBA-supported legislation allowing farmers and ranchers categorized as partnerships to use gross income to calculate maximum Paycheck Protection...

Mar 01, 2021
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Article
Advocacy Agriculture Crisis Preparedness +2 More...

COVID Relief Package Should Include USDA Business & Industry (B&I) Funding

COVID Relief Package Should Include USDA Business & Industry (B&I) Funding The B&I program is expected to exhaust current funding in the next few months and faces a projected $1 billion shortfall...

Feb 25, 2021
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Article
Commerce & Banking