OPERATIONAL RISK

Pandemic Response

A pandemic response plan is critical piece of any business continuity plan. The COVID-19 Pandemic serves as an extreme example of why pandemic plans are a necessity, but each year new diseases have the potential to disrupt our communities.

A disease outbreak becomes a pandemic in the event a disease spreads across several countries and affects a large number of people. Recent pandemics include the 2019-2020 COVID-19 Pandemic, the 2009 H1N1 Pandemic and the 1958 H3N2 Pandemic. Pandemics impact entire communities and stress entire economies.

A community bank’s preparedness and resilience during a pandemic may mean the difference between small businesses surviving a pandemic or not. Managing your staff and your operations efficiently through a pandemic is vital to the strength and stability of main street.


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Alerts

Community Bank Summary of the COVID-19 Vaccination and Testing Emergency Temporary Standard

Nov 17, 2021, 11:58 AM
Title : Community Bank Summary of the COVID-19 Vaccination and Testing Emergency Temporary Standard
mainURLExternal : https://www.icba.org/docs/default-source/icba/advocacy-documents/summaries/community-bank-summary-on-covid-vaccine-and-testing.pdf
Categories : Coronavirus Response
Coronvirus350
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COVID-19 Community Bank Resources

Jan 8, 2021, 10:36 AM
Title : COVID-19 Community Bank Resources
mainURLExternal : https://www.icba.org/newsroom/Crisis-Preparedness/coronavirus-response
Categories : Coronavirus Response
COVID-19 Impact
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Return to the New Normal Guide

Jan 19, 2021, 14:00 PM
Title : Return to the New Normal Guide
mainURLExternal : https://www.icba.org/newsroom/Crisis-Preparedness/coronavirus-response/return-to-the-new-normal
Categories : Coronavirus Response
New Normal Square
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EIP: Get the Latest Information, News and Guidance Needed to Navigate EIP3

Jan 8, 2021, 07:46 AM
Title : EIP: Get the Latest Information, News and Guidance Needed to Navigate EIP3
mainURLExternal : https://www.icba.org/newsroom/Crisis-Preparedness/coronavirus-response/ppp-and-lending/ppp-and-eip-news
Categories : Updates
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Pandemic News

FDIC to Congress: We're working on PPP asset-threshold impact

Oct 5, 2020 | NewsWatch Today
The FDIC told a group of House Republicans that it is exploring options to address the impact of Paycheck Protection Program loans on bank and bank holding company asset thresholds.

SBA issues change-of-ownership procedures for PPP borrowers

Oct 5, 2020 | NewsWatch Today
The SBA issued a notice on the required procedures for changes of ownership of Paycheck Protection Program borrowers.

IRS: Lenders shouldn't report PPP loan forgiveness

Oct 5, 2020 | NewsWatch Today
The IRS recently issued guidance clarifying that lenders should not file information returns or furnish payee statements to report the amount of qualifying forgiveness on PPP loans.