Resources for Banks Regarding the COVID-19 Virus

General information

The California Bankers Association has made available the following resources to aid financial institutions impacted by the COVID-19 virus.

Latest News:

Agencies Announce Two Actions to Support Lending to Households and Businesses: CECL Implementation Delayed

FDIC Updates Steps to Protect Banks and Consumers and to Continue Operations

The FDIC Announces a 30-Day Grace Period for the Call Report for the First Quarter of 2020

Statement Encouraging Responsible Small-Dollar Lending to Consumers and Small Businesses in Response to COVID-19

Interagency Statement on Loan Modifications by Financial Institutions Working with Customers Affected by the Coronavirus

 

Federal Regulatory

Dedicated COVID-19 Website: FDIC

Dedicated COVID-19 Website: OCC

Dedicated COVID-19 Website: FRB

Dedicated COVID-19 Website: CFPB

 Announcements and Alerts

Agencies Announce Two Actions to Support Lending to Households and Businesses: CECL Implementation Delayed

FDIC Updates Steps to Protect Banks and Consumers and to Continue Operations

The FDIC Announces a 30-Day Grace Period for the Call Report for the First Quarter of 2020

Statement Encouraging Responsible Small-Dollar Lending to Consumers and Small Businesses in Response to COVID-19

Interagency Statement on Loan Modifications by Financial Institutions Working with Customers Affected by the Coronavirus

US Treasury Letter Reiterating Financial Services Sector as Critical Infrastructure

 Joint Financial Services Trades Letter to SEC Chairman Jay Clayton: CECL Delay

FDIC Chair Requests CECL Implementation Delay

Joint Statement on CRA Consideration for Activities in Response to the COVID-19

Frequently Asked Questions For Financial Institutions and Consumers Affected by the Coronavirus

Federal Bank Regulatory Agencies Issue Interim Final Rule for Money Market Liquidity Facility

Press Release: FDIC: Insured Bank Deposits are Safe; Beware of Potential Scams Using the Agency’s Name

Press Release: Federal Banking Agencies Provide Banks Additional Flexibility to Support Households and Businesses

Press Release: Federal Banking Agencies Encourage Banks to Use Federal Reserve Discount Window

Press Release: Agencies Encourage Financial Institutions to Meet Financial Needs of Customers and Members Affected by Coronavirus

Financial Institution Letter: Regulatory Relief: Working with Customers Affected by the Coronavirus 

FFIEC Interagency Statement on Pandemic Planning

Federal Legislative

Joint Financial Services Trades Letter: S. 3548, CARES Act and SBA 7(A) Enhancement Provisions

State Regulatory

Coming soon…

State Legislative

Dedicated COVID-19 Website: State of CA

Announcements and Alerts

California Secures Presidential Major Disaster Declaration to Support State’s COVID-19 Emergency Response

Governor Newsom Requests Presidential Major Disaster Declaration for State’s COVID-19 Response Efforts

Governor Gavin Newsom Issues Stay at Home Order

Governor Newsom Signs Emergency Legislation to Fight COVID-19

Governor Newsom Requests Federal Assistance to Support California’s Efforts to Prepare for COVID-19 Surge

Resources for Consumers

Frequently Asked Questions for Financial Institutions and Consumers Affected by the Coronavirus

Press Release: FDIC: Insured Bank Deposits are Safe; Beware of Potential Scams Using the Agency’s Name

California Launches New Comprehensive, Consumer-Friendly Website and Public Service Announcements to Boost COVID-19 Awareness

Governor Newsom Issues Executive Order to Protect Ongoing Safety Net Services for Most Vulnerable Californians During COVID-19 Outbreak

Other Helpful Links

Additional Resources

CDC Coronavirus Updates

WHO COVID-19 Outbreak

HHS COVID-19 Updates

OSHA COVID-19 Updates

Ready.Gov Pandemic Website

State Department Travel Advisories

COVID-19 Communications Toolkit

Click here to access the toolkit made available by the American Bankers Association