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Fed proposes standards for accessing Fed accounts, payments system

Fed proposes standards for accessing Fed accounts, payments system The Federal Reserve Board proposed guidelines for evaluating requests for accounts with the Fed and access to the payments system,...

May 06, 2021
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Article
Payments

IRS issues another 1.1M EIPs

IRS issues another 1.1M EIPs The IRS said it is disbursing another 1.1 million Economic Impact Payments in the eighth batch under the American Rescue Plan. The IRS said it is disbursing another 1.1...

May 06, 2021
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Article
Crisis Preparedness Lending

FS-ISAC Coronavirus Update, May 6, 2021

FS-ISAC Coronavirus Update, May 6, 2021 The Small Business Administration said Wednesday that the Paycheck Protection Program has been exhausted, and as of Sunday, the PPP had given out nearly 10.8...

May 06, 2021
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Article
Advocacy Operational Risk Crisis Preparedness

PPP general fund exhausted

PPP general fund exhausted The Paycheck Protection Program’s general fund was reportedly exhausted Tuesday ahead of the program’s May 31 authorization, though some PPP funds remain for certain...

May 05, 2021
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Article
Crisis Preparedness Lending

CFPB reports on mortgage borrower challenges

CFPB reports on mortgage borrower challenges The Consumer Financial Protection Bureau said more needs to be done to help mortgage borrowers coping with the COVID-19 pandemic and economic downturn....

May 05, 2021
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Article
Compliance

Independent Banker features 2020’s top performers

Independent Banker features 2020’s top performers The May issue of Independent Banker magazine spotlights the best-performing community banks of 2020. The May issue of Independent Banker magazine...

May 04, 2021
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Article

PPP funds could be exhausted soon

PPP funds could be exhausted soon The SBA reportedly told congressional offices that general Paycheck Protection Program funding could be exhausted soon. The SBA reportedly told congressional...

May 04, 2021
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Article

FS-ISAC Coronavirus Update, May 4, 2021

FS-ISAC Coronavirus Update, May 4, 2021 Confirmed coronavirus cases in the US rose at the slowest pace since the pandemic began in the week ended Sunday, according to data compiled by Johns Hopkins...

May 04, 2021
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Article
Advocacy Operational Risk Crisis Preparedness