An Exclusive Benefit for Members of:

Independent Community Bankers Association of New Mexico	Independent Banks of South Carolina	Community Bankers of Washington	Independent Bankers Association of Texas

COVID-19 Resources for Your Bank

The following resources were gathered/developed by the Compliance Adviser team to help community bankers navigate the COVID-19 situation most efficiently:

• Board Resolution Supporting Full FDIC Coverage
• Branch Reopening Survey Results
• Families First Coronavirus Response Act (FFCRA) Facts
• Brief Survey: FDIC Insurance Increase
• Business Continuity Planning Considerations
• Credit Consultation Hotline
• COVID-19 FAQs
• COVID-19 Forum
• COVID War Room
• Cybersecurity Readiness Guide
• IBAT Statement on the Safety and Soundness of the Banking System During COVID-19
• Industry Update Call Recording
• Paycheck Protection Program Note Considerations:  PDF  |  Word
• Preparing for Potential Credit Quality Issues
• March 2020 Capitol Comments

U.S. Government and Financial Regulators

• Regulator Portals: FDIC  |  OCC  |  Fed  |  CFPB
• Additional Eligibility Criteria and Requirements for Certain Pledges of Loans
• Agency Statement on Meeting Customers' Financial Needs
• CARES Act (H.R. 748) Full Text
• CFPB FAQs on Adverse Action Notices for PPP Loans
• CFPB Guidance on Remittance Transfers During COVID-19 Pandemic (Final Rule)
• CFPB Paves Way for Consumers Facing Financial Emergencies to Obtain Access to Mortgage Credit More Quickly
• Department of Labor Families First Coronavirus Response Act: Employer Paid Leave Requirements
• Department of Labor Coronavirus-Related Paid Leave for Workers and Tax Credits for Small and Midsize Businesses
• Department of Labor Guidance on Paid Sick Leave, Family and Medical Leave Benefits (updated March 27)
• Department of Labor Required Posters Effective April 1, 2020
• DHS (CISA) Insights: Risk Management for Novel Coronavirus
• DHS (CISA) Guidance on the Essential Critical Infrastructure Workforce (updated March 28)
• Economic Impact Payment Disbursements: Information for Financial Institutions (Treasury)
• FDIC Bulletin: Potential Scams
• FDIC Consumer News: COVID-19 and Your Financial Health
• FDIC Financial Institution Letter: New SBA and Treasury Programs Available for Small Business Relief
• FDIC Financial Institution Letter: Working with Customers
• Federal Reserve Board: Interim Final Rule on Reg D "Savings Deposit" Definition
• Federal Reserve Relief Initiatives
• FFIEC IT Examination Handbook: Business Continuity Management Booklet
• FinCEN: Further Information to Financial Institutions in Response to the COVID-19 Pandemic
• Interagency Rules of Modification
• Interagency Statement on Appraisals and Evaluations Affected by the Coronavirus
• Interagency Statement on Pandemic Planning
• Interagency Supervisory Examiner Guidance for Institutions Affected by a Major Disaster
• IRS Coronavirus Tax Relief and Economic Impact Payments
• IRS COVID-19-Related Tax Credits for Required Paid Leave FAQs
• Joint Guidance on Home Equity Lending
• Main Street New Loan Facility
• Main Street Expanded Loan Facility
• Pandemic Planning: Working With Customers Affected by Coronavirus and Regulatory Assistance
• Paycheck Protection Program: Changes to the Regulatory Capital Rule to Accommodate the Program
• Paycheck Protection Program (PPP) Interim Final Rule
• Paycheck Protection Program (PPP) Interim Final Rule on Additional Eligibility Criteria and Requirements
• Paycheck Protection Program (PPP) Interim Final Rule on Promissory Notes, Authorizations, Affiliation and Eligibility
• Paycheck Protection Program (PPP) Lending Facility Term Sheet
• Paycheck Protection Program Liquidity Facility (PPPLF)
  • Paycheck Protection Program Liquidity Facility Operational
• Paycheck Protection Program (PPP) FAQs: Treasury Version  |  FinCEN Version
• Ready.gov Pandemic Planning
• Term Sheets: PPPLF  |  Main Street New Loan Facilities  |  Main Street Expanded Loan Facilities
• U.S. Department of Homeland Security Identifies ATM Servicing and Technology Support of Key Retailers as Essential to the Economic Security
• U.S. Department of State Travel Advisory
• What You Should Know About COVID-19 and the ADA, the Rehabilitation Act, and Other EEO Laws
• White House Guidelines for Slowing the Spread

Legal Ease

Legal Ease is a ‘question of the week’ chosen from actual calls and emails received by our compliance team. Specific questions posed by community bankers are answered in an easy to understand format. Citations to relevant regulations and commentary are routinely provided. A ‘compliance tip’ is usually included at the bottom of each Legal Ease as a best practice or something to watch out for. Past Legal Ease are included in a searchable archive here. 

Question of the Week

Compliance Roundtables

The Compliance Adviser Quarterly Hot Topics Roundtable - 1:00 PM - 2:00 PM CST on the dates (Thursdays) noted below.

Thursday June 27th - Register here.
Thursday September 19th - Register here.
Thursday December 19th - Register here.

Featured Resources

Click here to view and download all guidelines and overviews in the archive.