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Find the latest news, FAQs, agency responses, media resources, and information on hurricane preparedness, industry responses to the coronavirus pandemic, PPP lending and much more here.
Following a dip in daily case numbers due to Easter Sunday, when many states did not report coronavirus data, a Johns Hopkins University tracker shows the US recorded about 79,000 new Covid-19 cases on Monday, with the seven-day average currently at 64,600.
Senate Banking Committee Republicans led by Sen. Mike Crapo (R-Idaho) called on federal regulators to use their authority to extend the 8 percent Community Bank Leverage Ratio through Dec. 31.
While some sectors are back to their pre-pandemic employment levels, the overall US economy still has more than 8 million fewer jobs than it did before Covid-19 related job losses started a year ago.
During a White House briefing Wednesday, Dr. Rochelle Walensky, director of the Centers for Disease Control and Prevention, said the agency’s most recent data shows the seven-day average of new cases is just under 62,000 cases per day,
This month, ICBA pays tribute to community banks for their ongoing contributions throughout the COVID-19 pandemic in a new video series, which highlights the unmatched role community banks served in supporting their small business customers through the Paycheck Protection Program.
President Joe Biden signed into law ICBA-advocated legislation to extend the Paycheck Protection Program ahead of its scheduled expiration. Previously, any PPP application not approved by March 31 could not receive PPP funds.
