COVID-19 Resources 2020
Coronavirus (COVID-19) Resources for the Banking Community from 2020
This page has compiled resources and information on the COVID-19 pandemic from 2020. For current information in 2021, click here.
Topics
- TBA Updates
- Member Banks’ Responses
- Upcoming Webinars
- TBA Associate Member Resources
- U.S. Government Response
- Tennessee Government Response
- U.S. Chamber of Commerce
- Centers for Disease Control and Prevention
- World Health Organization
- Fraud and Scams
TBA Updates
Tennessee’s Economic Recovery and PPE Resources
- August 14: Office Depot PPE Supplies; Offer 1, Offer 2
- July 23: Dr. William Fox’s Economic Impacts of COVID-19 and Preparing for Recovery PowerPoint
- July 16: Governor’s Economic Recovery Group PowerPoints
- June 25: Office Depot Professional Protection Equipment
- June 18: Blue Delta: Branded/Washable Faceguard Product Materials, Production Process and Testing Report
- June 2: Office Depot – 3-Ply Face Masks and Counter Shields
- May 8: Compliance Alliance – Safety Guidelines and Considerations for Reopening Branches
- May 7: Mask Requirements and Guidance for Buisensses
- May 5: Posters from Metro Nashville Regarding Customers Wearing Face Masks – Poster in English, Poster in Spanish
- May 5: Financial PSI – Guide to Creating a Return to Work Action Plan
- May 4: Vision – COVID-19 Graphic Signage Opportunities, COVID-19 Signage Options and Pricing
- May 4: SirSpeedy Music City – Office protective equipment, COVID-19 signage, direct mail options
- May 4: CBSI – Protective Shields
- May 4: QSI – Protective Shields
- April 27: Office Depot – Temperature Verification Kiosks
- April 24: Gov. Bill Lee’s Reopening Tennessee Responsibly website
- April 24: Office Depot – Custom Signage Solutions for Health and Safety
- April 24: Office Depot – Cloth Face Coverings
- April 24: Office Depot – Barrier and Spacing Products
Paycheck Protection Plan
- December 17: PPP Update Zoom Meeting
- October 14: ABA’s Dan Martini discusses recent PPP changes
- October 2: SBA—Paycheck Protection Program Loans and Changes of Ownership
- September 4: Basics of PPP Loan Forgiveness and the SBA PPP Loan Forgiveness Platform PDF
- August 4: SBA FAQ’s for PPP Loan Forgiveness
- July 31: ABA Letter on Agent Fee
- July 31: ABA Letter on H.R. 7777/Paycheck Protection Small Business Forgiveness Act
- July 23: Procedures for Lender Submission of Paycheck Protection Program Loan Forgiveness
- July 22: SBA’s Reporting of Suspicious Activity in the COVID-19 EIDL Loan Program
- July 20: Crowe’s Paycheck Protection Program Loan Forgiveness Platform
- July 9: Letter—TBA Supports Simplified PPP Forgiveness
- July 8: SBA release of PPP loan information—Custom Talking Points and PPP Customer Letter Template
- July 6: SBA announces PPP extension through August 8, 2020
- June 23: Nelson Mullins—Challenges for lenders as they face changing regulations, lawsuits, and regulatory scrutiny: Video; PowerPoint
- June 20: Refinance of EIDL Loans with PPP Loan Proceeds and Lender Remittance of EIDL Refinance Proceeds to SBA
- June 9: TBA Joint Association Letter on PPP Loan Forgiveness
- June 9: Colson 1502 Report Error Codes and Explanations
- June 4: Barr/Hill PPP Letter
- May 28: Congressman David Kustoff Votes to Provide Increased Flexibility to the Paycheck Protection Program
- May 27: ICBA and State Bankers Association joint letter requesting PPP forgiveness amendments
- May 21: SBA Form 1502 Reporting Process Notice
- May 21: Compliance Alliance: SBA Form 3508 PPP Forgiveness Application and updated CARES Act and PPP Manual
- May 18: Kustoff Letter to Secretary Mnuchin and Administrator Carranza on the SBA Safe Harbor Extension
- May 12: TBA Letter to Tennessee Congressional Delegation Regarding PPP Loan Forgiveness
- May 11: TBA PRESS RELEASE—Tennessee Banks Call for Expanded Small Business Forgiveness for Paycheck Protection Program Loans
- May 5: Gov. Lee Press Briefing, Thanking Banks for Helping Tennesseans in Need
- May 3: TBA PRESS RELEASE—Tennessee Banks Provide More Than $8.95 Billion To Small Businesses through Paycheck Protection Program
- May 1: SBA Guidance—PPP Whole Loan Sales
- April 29: PPP Guidance—Disbursements & Fees
- April 28: TBA PRESS RELEASE—SBA’s Technology Platform Struggling to Accept Paycheck Protection Program Loans
- April 21: Example bank video to educate customers on PPP pitfalls
- April
17: TBA PRESS RELEASE—Tennessee Banks Provide More Than $6.5 Billion To
Small Businesses through Paycheck Protection Program - April 17: SBA’s PPP Loan Summary
- April 16: TBA PRESS RELEASE—Tennessee Banks Urge Congress to Authorize Additional Funds for Paycheck Protection Program
- April 15: Joint State Association Letter on PPP Funding
- April
14: TBA PRESS RELEASE—Tennessee Banks Provide More Than $4.7 Billion To
Small Businesses through Paycheck Protection Program - April 14: FAQ Regarding Participation of Faith-Based Organizations in the PPP and EIDL
- April 14: SBA’s PPP Loan Summary
- April
14: US Treasury’s Interim Final Rule – Additional Eligibility Criteria
and Requirements for Certain Pledges of Loans/Self Employed - April 11: US Treasury’s Payroll Protection Program FAQs
- April 10: PPP Sample Worksheet
- April 10: American Bankers Association PPP FAQs
- April 9: Federal Bank Regulators Issue Interim Final Rule for Paycheck Protection Program Facility
- April 8: PPP Help Sheet
- April 8: SBA Instructions on Accessing CAFS System
- April 6: Compliance Alliance Resources – CARES Act and PPP slides, and the CARES Act and PPP Manual
- April 4: Independent Community Bankers of America PPP details
- April 2: TBA PRESS RELEASE—Tennessee Bankers Advise Patience as the Paycheck Protection Program Launches
- April 2: SBA Interim Final Rule of the Business Loan Program Temporary Changes; Paycheck Protection Program
- April 2: TBA Overview of the Payroll Protection Program
- April 1: TBA Update on CARES Act Lending Implementation
Economic Impact Payments
- April 17: Consumer FAQs on stimulus payments
- April 16: Compliance Alliance: CARES Act Stimulus Check FAQs
General Updates
- August 17: UT Martin and TBA Report: TN Banks and Assessment of Current Pandemic Issues
- July 24: United States Mint Statement on Circulating Coins
- July 16: TBA PRESS RELEASE—Tennessee Banks Ask Consumers to Deposit, Use Spare Change Due to Coin Shortage
- June 26: CDC webpages for bank employers and employees with tips for protecting staff and slowing the spread of COVID-19
- Joint state bankers association letter to Speaker Pelosi and Minority Leader McCarthy, opposing credit union lending authority
- Financial PSI’s HR Toolkit: The Employer’s Guide to COVID-19
- March 29: TBA Letter to Gov. Lee
- TBA PRESS RELEASE: Tennessee’s
177 banks are dedicated to serving their customers and communities, and
stand ready to assist them with everyday transactions and to employ
measures to help those who may be impacted financially due to COVID-19. - All live education programming is postponed or moved online through April 2020. Check the TBA Education Calendar
for specific event information. If you have already registered for one
of these events, you will be contacted by a TBA staff member about next
steps. - CSR Script for customers closing accounts
Conference Call Recordings
- August 18: CEO Call
- Appraisals and PPP Forgiveness Process: Eric Collinsworth, Mary Beth Baker, and Gay Dempsey
- August 6: CEO Call
- PPP Forgiveness Applications: Kristen Stogniew and Josh Strickland of Saltmarsh
- July 15: CEO Call
- June 18: CEO Call
- Rob Demonbreun with Carr Riggs and Ingram discussing the new PPP forgiveness applications
- June 15: CEO Call
- Jeff Harjo, BKD
- June 3: CEO Call
- Chris Howley, Piper Sandler on PPP Secondary Market
- May 26: CEO Call
- Josh White, Peter Barton – Elliott Davis: Key Takeaways
- May 19: CEO Call
- Jim Rieniets, ABA Government Relations Update
- May 14: CEO Call
- Ben Wallace, The Summit Group
- May 13: Compliance Call
- May 12: CEO Call
- May 7: CEO Call
- St. Louis Fed Economist Kevin Kliesen
- May 6: CEO Call
- Tennessee Gov. Bill Lee
- May 4: CEO Call
- May 1: Senior Lenders Call
- April 30: CEO Call
- Reopening: Judy Long, President First Citizens National Bank
- PPPLF: Tyler Clinch, President/CEO First Community Bank
- April 29: Compliance Call
- April 28: CEO Call
- April 24: CEO Call
- April 22: CEO Call
- Main Street Loan Facilities: Shaun Kern, Hu Benton – ABA
- Congressman John Rose
- April 22: Compliance Call
- April 21: Senior Lenders Call
- April 20: CEO Call
- Congressman Tim Burchett
- April 17: CEO Call
- April 16: CEO Call
- April 15: CEO Call
- April 15: Compliance Call
- April 14: CEO Call
- April 14: Senior Lenders Call
- April 13: CEO Call
- Jim Fuchs and Winchell Carroll of Federal Reserve Bank of St. Louis, discussing the new PPP liquidity facility.
- April 10: CEO Call
- April 10: Senior Lenders Call
- Click here for closing procedures for lenders on closing PPP loans shared by Shawn Howard with Legends Bank
- Stephen Hagood with Tennessee State Bank shared this document,
referencing the appraisal question at the end of today’s call: “Our
Chief Staff Appraiser, Woody Soehn, provided information last week to
our team that might answer some questions or provide file documentation
on industry and regulatory agencies concerning appraisal inspections.”
- April 9: CEO Call
- Scott Clark, Jenn Docherty and Tom Killian with Piper Sandler
- April 8: CEO Call
- April 8: Senior Lenders Call
- April 7: CEO Call
- April 7: Senior Lenders Call
- Q&A Discussion about Payroll Protection Program
- April 6: CEO Call
- Andy Collins, CCO, Security Bank, Paris
- Discussion on PPP implementation
- April 3: CEO Call
- TDFI Commissioner Greg Gonzales
- Steve Eisen, Baker Donelson
- Scott Sargent, Baker Donelson
- Connie Edwards, Saltmarsh
- April 2: CEO Call
- Rob Nichols, President & CEO, American Bankers Association
- April 1: CEO Call
- James Ballentine, EVP of Congressional Relations and Public Policy
at the ABA discusses the status of the Paycheck Protection Plan
- James Ballentine, EVP of Congressional Relations and Public Policy
- April 1: Compliance Call
- March 31: Senior Lenders Call
- March 31: Human Resources Call
- Families First Coronavirus Response Act: What Your Bank Should Know
- March 30: CEO Call
- Dave Hunkele, Creative Labs joined the call to discuss information gathering for SBA loans by partnering with Fintechs
- March 27: CEO Call
- Rebeca Romero Rainey, President/CEO ICBA
- TDFI Commissioner Greg Gonzales
- March 27: Senior Lender Call
- March 26: CEO Call
- Clint Gwin, Pathway Lending
- Andy Howell and Melissa Dallas, Federal Home Loan Bank of Cincinnati
- March 25: CEO Call:
- Jim Fuchs, Vice President, St. Louis Fed
- Winchell Carroll, Asst Vice President, St. Louis Fed
- Congressman Mark Green
- March 25: Senior Lender Call
- Click here to download Roy Haisley’s grid he referenced on the call
- Sample commercial change in terms
- Sample consumer change in terms
- Sample COVID-19 UWC Affidavit Financing
- March 24: CEO Call:
- Jim Rieniets, President and CEO, InsBank
- TDFI Commissioner Greg Gonzales
- March 23: CEO Call
- Dave Still of Promontory discussing the ICS program
- Discussion on working with borrowers on commercial loans
- March 20: CEO Call
- Carl White, Senior Vice President of Supervision, Credit,
Community Development and Learning Innovation Division, Federal Reserve
Bank of St. Louis - Allen North, Vice President of Safety & Soundness Supervision, Federal Reserve Bank of St. Louis
- Tim Brown, Vice President of Cash Management, Federal Reserve Bank of St. Louis
- Michael Johnson, Executive Vice President of Supervision and Regulation, Federal Reserve Bank of Atlanta
- Doug Kerr, Assistant Vice President of Consumer Affairs, Federal Reserve Bank of St. Louis
- FDIC’s Rafael Valle and Tim Evans – Small dollar loan guidance
- Michael Davis – Kraft CPAs – Discussion on TDR
- Heather Vincent – Discussion on Bank of America’s retail steps
- Carl White, Senior Vice President of Supervision, Credit,
- March 20: CEO Call
- U.S. Small Business Administration Conference Call with LaTanya Channel
- March 19: CEO Call
- Scott Polakoff from FinPro, Congressman David Kustoff, John
McDearman of Wilson Bank and Trust, Chris White from Peoples Bank and
Trust of East Tennessee
- Scott Polakoff from FinPro, Congressman David Kustoff, John
- March 18: CEO Call
- Eric Stevens from Littler Mendelson PC, OCC’s Wendell
Walker, Commissioner Gonzales, Dan Dellinger from Reliant Bank, Philip
Calahan from Peoples Bank
- Eric Stevens from Littler Mendelson PC, OCC’s Wendell
Member Banks’ Responses
Click here to
see how TBA Member Banks are responding to the pandemic as they
communicate with their employees, their customers, and communities.
Upcoming Webinars
- We will post webinars related to helping members with pandemic response as necessary. Click here for TBA’s full list of general banking webinars.
TBA Associate Member Resources
- American Bankers Association – March 19 Newsbytes: Coronavirus Special Edition
- American Bankers Association
– March 27: Recorded webinars on business continuity and managing
pandemic operational risk, FAQs, common practices from banks, a
Coronavirus Communications Toolkit, Situational updates and regulatory
guidance - American Bankers Association – Joint financial trades letter to the House and Senate, highlighting member assistance efforts in response to COVID-19
- Ascensus – CARES Act retirement plan and healthcare relief
- Baker Donelson – October 16: Main Street Lending: Practical Insights
- Baker Donelson – April 28: Bank Reopening Procedures Checklist
- Baker Donelson – March 31: Coronavirus And Financial Institutions: What Banks And Lenders Need To Know
- Baker Donelson – March 31: Website with daily alerts, webinars, and other resources
- BKD – May 18 Webinar—COVID-19 PPP Loan Forgiveness: What We Know
- BKD – COVID-19 Resources for the Banking Industry
- BrightBridge Capital – July 29: BrightBridge Capital Provides Limited Time SBA CARL Loan, FAQ
- CBSI – Protective Shields
- Compliance Alliance – Pandemic Resources Tool Kit
- Elliott Davis – Accounting for TDRs from COVID-19 alert
- FHLB – March 26: FHLB Update on Collateral Reporting and Policy
- Financial PSI – June 2: Risk Insights – Common Employment Practices Claims Arising Out of COVID-19
- Financial PSI – June 2: Customizable “Welcome Back” Packet
- Financial PSI – May 5: Financial PSI – Guide to Creating a Return to Work Action Plan
- Financial PSI – April 16: HR Toolkit: The Employer’s Guide to COVID-19
- FinancialPSI – HR Compliance Bulletin: New Coronavirus Relief Laws Require Paid Employee Leave
- FinPro – July 12: Liquidity Analytics and Deployment Strategies
- FinPro – July 12: Economic and Interest Rate Outlook June 2020
- Independent Community Bankers of America – March 30: Essential Worker Letter
- Independent Community Bankers of America – March 26: Community Bank Provisions of the Coronavirus Aid, Relief, and Economic Security (CARES) Act
- Independent Community Bankers of America – March 23: Prediction of a quicker coronavirus recovery: ‘We’re going to be fine’
- Independent Community Bankers of America – Crisis Response and Preparedness page
- Independent Community Bankers of America – March 19: Recording of ICBA president Rebeca Romero Rainey and staff discussing COVID-19 and community banks
- Kraft CPAs – COVID-19 Relief Assistance & Financial Advice
- Littler – Littler’s Workplace Policy Institute (WPI) post on the Senate’s passage of the House-passed COVID-19 legislation
- Littler – March 25: OSHA Recording and Reporting of Cases of COVID-19
- Main Street, Inc. – COVID-19 Free Marketing Resources; COVID-19 Blog Topics; COVID-19 Resource Center
- National Federation of Independent Business (NFIB) – Summary of the Families First Coronavirus Response Act (not intended to serve as tax or legal advice)
- NContracts – Comprehensive resource page to help your members strengthen their business continuity resilience
- Nelson Mullins – Resource page with articles, presentations, and webinars
- Nelson Mullins – March 26: CARES Act Stimulus Package and Paycheck Protection Program
- Nelson Mullins – April 21: Recorded webinar: In the Trenches: Operating During the Crisis | Main Street Lending Program (webinar click here, materials click here)
- Netgain Technologies – Resource page
- Piper Sandler – Overview of the COVID-19 CARES Act including PPP
- Pugh CPAs – April 2: Paycheck Protection Program (PPP) update with info sheet and loan application
- PYA P.C. – May 20: Accounting for PPP Loan Forgiveness
- PYA P.C. – April 10: Revised Interagency Statement on loan modifications
- PYA P.C. – April 8: Click here for PPP Fast Facts
- PYA P.C. – April 8: Click here for Regulators’ Guidance for Financial Institutions on Loan Modifications Associated with COVID-19
- PYA P.C. – COVID-19 Hub
- QSI – Protective Shields
- Saltmarsh, Cleveland & Gund – April 7: PPP Loan Calculator Seasonal Employees; PPP Loan Calculator Non-Seasonal, Operational in 2019; PPP Loan Calculator Non-Seasonal, Non-Operational in 2019
- Saltmarsh, Cleveland & Gund – March 25: CFO Perspective on Loan Payment Deferrals and the March 3, 2020 ALLL Calculation
- Saltmarsh, Cleveland & Gund – March 25: Payment deferrals and compliance issues—assisting borrowers during the pandemic crisis
- SBS CyberSecurity – Blog article on pandemic preparedness planning
- Velocity Solutions – June 18: Bank Recovery Series Part 1: Top 5 Recovery Challenges for Community Banks Post-Crisis
- Vision – COVID-19 Graphic Signage Opportunities, Signage Options and Pricing
U.S. Government Response
U.S. Department of the Treasury
- April 11: US Treasury’s Payroll Protection Program FAQs
- March 31: Initial guidance on the Paycheck Protection Plan (overview here; lender info here; borrower info here; borrower application here)
- March 22: Memorandum for financial services sector essential critical infrastructure workers
U.S. Department of Homeland Security, Cybersecurity & Infrastructure Security Agency
U.S. Small Business Administration
- March 30: Lender List for Tennessee
- COVID-19 disaster assistance page
- Info on SBA Disaster Loans
- Economic injury disaster loans for coronavirus related economic disruptions
Congressman David Kustoff
Congressman John Rose
Congressman Jim Cooper
- Cooper Requests Guidance on Small Business Administration Loans (website here, letter here)
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
Federal Reserve System
- April 13: The Federal Reserve PPP Liquidity Facility: www.frbdiscountwindow.org
- March 24: Preparedness in Response to the Coronavirus Disease 2019 (COVID-19)
- March 23: Federal Reserve Announces Extensive New Measures to Support the Economy
- Agencies Encourage Financial Institutions to Meet Financial Needs of Customers Affected by Coronavirus
- March 26: Joint Statement EncouragingResponsible Small-DollarLendingin Response to COVID-19
- FDIC FAQs For Financial Institutions and Consumers Affected by the Coronavirus
- FDIC Financial Institutional Letter: Working with Customers Affected by the Coronavirus
- FDIC
Statement on Financial Institutions Working with Customers Affected by
the Coronavirus and Regulatory and Supervisory Assistance - Federal Banking Agencies Provide Banks Additional Flexibility to Support Households and Businesses
– Statement on the Use of Capital and Liquidity Buffers
– Interim Final Rule on Technical Changes to Automatic Distribution Restrictions - FDIC Announces Steps to Protect Banks and Consumers and to Continue Operations
- Federal Banking Agencies Encourage Banks to Use Federal Reserve Discount Window
Office of the Comptroller of the Currency
CSBS
OSHA
- March 24: Guidance for preparing workplaces for COVID-19
- March 13: Follow up article from Troutman Sanders on the OSHA guidance and what employers need to know
FINRA
U.S. Chamber of Commerce
- Coronavirus (COVID-19) Workplace Tips for Employees
- Guidance For Employers To Plan and Respond To Coronavirus
Tennessee Government Response
- Dec. 18: TN Department of Health COVID-19 Vaccine Weekly Brief No. 2
- July 21: TN Department of Health Employer Letter – Don’t require negative tests
- May 21: TN Department of Human Services—Program to provide free child care for essential workers expanded
- April 8: TDFI Notice: Examinations on Pause
- March 22 Governor’s Executive Order No. 17 specifying people are not prohibited from essential activities like banking
- March
19 Governor’s Executive Order No. 15 suspending certain statutes and
rules and taking other necessary measures in order to facilitate the
treatment and containment of COVID-19 - Office of the Governor COVID-19 Bulletins
- Congressman David Kustoff’s CECL letter to Sec. Mnuchin
Centers for Disease Control and Prevention
- About Coronavirus Disease 2019 (COVID-19)
- Situation Summary
- Interim Guidance for Businesses and Employers to Plan, Prepare and Respond to Coronavirus Disease 2019
- Interim Guidance on Mass Gatherings or Large Community Events
- Environmental Cleaning and Disinfection Recommendations
- Free Communication Resources
– Print Resources – Posters and Handouts
– Videos - Business Pandemic Influenza Planning Checklist
World Health Organization
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 Novel Coronavirus
– Defending Against COVID-19 Cyber Scams