COVID-19 Resources
Coronavirus (COVID-19) Resources for the Banking Community
TBA is working with banks across the state to keep their customers and employees informed and prepared during the COVID-19 pandemic. This page has compiled resources and information to stay up-to-date on how to approach this evolving situation. Check back regularly as we will post more information as it becomes available.
For COVID-19 resources from 2020, click here.
Topics
- TBA Updates
- TBA Associate Member Resources
- U.S. Government Response
- Tennessee Government Response
- U.S. Chamber of Commerce
- World Health Organization
- Fraud and Scams
TBA Updates
Webinars
- September 15, 2021: Vaccination Mandates
We discuss President Biden’s proposed vaccination mandate for private companies. Mary Leigh Pirtle, a member at Bass Berry and Sims and part of their Covid Task Force joined the call. - March 16, 2021: Recent Overdraft Lawsuits
In the past few months, Tennessee banks have been hit with lawsuits regarding their overdraft policies. Kristine Roberts, Chare of the Financial Services Department at Baker Donelson, will be providing an overview on how banks can best protect themselves from these frivolous lawsuits. - March 18, 2021: Becoming a CDFI Bank, PowerPoint Slides
In the last few months, dozens of Tennessee banks have begun to consider becoming a CDFI bank to take advantage of recent benefits established by Congress. Join Sabrina Conyers, Jeff Gurney and Mark Miller of Nelson Mullins as they discuss the ins and outs of CDFIs. Their presentation will include benefits for a bank of being a CDFI, the process for a bank to become a CDFI, as well as the advantages a bank may have in partnering with a CDFI. - March 19, 2021: PPP Discussion with ABA’s Dan Martini, Shuttered Venue Operators Grant (SVOG) PDF
Join ABA’s Vice President of Congressional Relations and PPP point person Dan Martini to learn the latest about the state of the PPP program. This will also be an opportunity to ask questions of your peers and Dan as we enter what is expected to be the final weeks of the program.
Paycheck Protection Plan
- July 21, 2021: SBA Direct Forgiveness presentation
- July 12, 2021: SBA on how to enter forgiveness payment corrections
- January 20, 2021: Waller PPP Second Draw Guidance FAQs
- January 20, 2021: All PPP documents issued by SBA from Jan. 11 to Jan. 20
- Loan Forgiveness Form 3508
- Loan Forgiveness Form 3508EZ
- Loan Forgiveness Form 3508S (less than 150k)
- PPP Interim Final Rule – Loan Forgiveness Requirements and Loan Review Procedures as Amended by the Economic Aid Act
- Calculating and Documenting Second Draw PPP Loans
- Calculating and Documenting First Draw Loans
- PPP Borrower Resubmissions of Loan Forgiveness Applications Using Form 3508S, Lender Notice Responsibilities to PPP Borrowers, and Offset of Remittances to Lenders for Lender Debts
- PPP Excess Loan Amount Errors
- PPP Borrower Resubmissions of Loan Forgiveness Applications Using Form 3508S, Lender Notice Responsibilities to PPP Borrowers, and Offset of Remittances to Lenders for Lender Debts
- PPP Excess Loan Amount Errors
- Procedural notice for situations where borrowers may reapply for a first draw PPP loan if they previously returned some or all of their loan. The notice also covers the circumstances where borrowers can modify their first draw PPP loan if they did not previously take the full amount for which they are eligible.
- Borrower disclosure form that is required for PPP applicants where a covered individual (executive branch government official) holds a controlling interest (20% of the outstanding amount of any class of equity interest in a borrower)
- January 13, 2021: PPP Round 2 by Richard Hills and Dustin Timblin of Waller
- January 11: Small Business Administration (SBA.gov)
- instructions for accessing the updated lender portal
- Forms for first and second draw loans
- Procedural notice on approved lender status
- Procedural notice on reimbursing lenders for EIDL advances
- December 17, 2020: PPP Update Zoom Meeting
Economic Impact Payments
- Consumer FAQs on stimulus payments
Tennessee’s Economic Recovery and PPE Resources
General Updates
TBA Associate Member Resources
- Baker Donelson – Website with daily alerts, webinars, and other resources
- BKD – COVID-19 Resources for the Banking Industry
- Compliance Alliance – Pandemic Resources Tool Kit
- Financial PSI – Risk Insights – Common Employment Practices Claims Arising Out of COVID-19
- Financial PSI – Customizable “Welcome Back” Packet
- Financial PSI – Financial PSI – Guide to Creating a Return to Work Action Plan
- Financial PSI – HR Toolkit: The Employer’s Guide to COVID-19
- FinancialPSI – HR Compliance Bulletin: New Coronavirus Relief Laws Require Paid Employee Leave
- Main Street, Inc. – COVID-19 Free Marketing Resources; COVID-19 Blog Topics; COVID-19 Resource Center
- NContracts – Comprehensive resource page to help your members strengthen their business continuity resilience
- Nelson Mullins – Resource page with articles, presentations, and webinars
- Netgain Technologies – Resource page
- SBS CyberSecurity – Blog article on pandemic preparedness planning
- Vision – COVID-19 Graphic Signage Opportunities, Signage Options and Pricing
U.S. Government Response
U.S. Department of the Treasury
Federal Financial Institutions Examination Council
- Interagency Statement on Pandemic Planning Guidance for Minimizing a Pandemic’s Potential Adverse Effects
- Business Continuity Management Booklet
- Business Continuity Planning Booklet, Appendix D: Pandemic Planning
Office of the Comptroller of the Currency
OSHA
Tennessee Government Response
Fraud and Scams
- Federal Trade Commission
– Coronavirus: Scammers Follow the Headlines - Financial Crimes Enforcement Network (FinCEN)
– Communicate Concerns Related to COVID-19 and Remain Alert to Related Illicit Financial Activity - Department of Homeland Security
– Risk Management for COVID-19
– Defending Against COVID-19 Cyber Scams