ICBSD Blog

[vc_row][vc_column width=\”2/3\”][vc_cta h2=\”SBA Loan FAQ for Community Banks\” h2_google_fonts=\”font_family:Montserrat%3Aregular%2C700|font_style:400%20regular%3A400%3Anormal\” color=\”green\” add_button=\”bottom\” btn_title=\”View FAQ\’s\” btn_color=\”success\” use_custom_fonts_h2=\”true\” btn_link=\”url:http%3A%2F%2FSBA%20Loan%20FAQ%20for%20Community%20Banks|||\”] Many businesses are likely to apply for the relief being funneled through the Small Business Administration as part of the recently passed CARES Act. To help community banks understand these new loans, ICBSD Preferred Partner Eide Bailly created an

[vc_row][vc_column][vc_custom_heading text=\”Detailing the Community Bank Provisions of the CARES Act\” google_fonts=\”font_family:Montserrat%3Aregular%2C700|font_style:400%20regular%3A400%3Anormal\”][/vc_column][/vc_row][vc_row][vc_column][vc_column_text]On March 27, President Donald Trump signed the Coronavirus Aid, Relief, and Economic Security (CARES) Act into law. ICBA succeeded in including a number of provisions that will help community banks sustain critical economic activity with access to credit to struggling small businesses, families, and individuals. Note

[vc_row][vc_column][vc_custom_heading text=\”IRS: Corona Virus Tax Relief \” google_fonts=\”font_family:Montserrat%3Aregular%2C700|font_style:400%20regular%3A400%3Anormal\”][/vc_column][/vc_row][vc_row][vc_column][vc_column_text]The IRS has established a special section focused on steps to help taxpayers, businesses and others affected by the coronavirus. This page will be updated as new information is available. For other information about the COVID-19 virus, people should visit the Centers for Disease Control and Prevention (CDC)

[vc_row][vc_column][vc_custom_heading text=\”Essential Business Management Resources\” google_fonts=\”font_family:Montserrat%3Aregular%2C700|font_style:400%20regular%3A400%3Anormal\”][/vc_column][/vc_row][vc_row][vc_column][vc_single_image image=\”3787\” img_size=\”\”][vc_column_text]Courtesy of ICBSD Preferred Partner, ICBA, the following guidance from DHS CISA and the US Department of the Treasury identifies financial services sector works as essential critical infrastructure workers during the COVID-19 emergency. Banks are advised by regulators to provide a paper copy of the following documents for

[vc_row][vc_column][vc_custom_heading text=\”U.S. Department Of Labor Announces Additional Guidance: Explaining Paid Sick Leave and Expanded Family and Medical Leave Under The Families First Coronavirus Response Act\” google_fonts=\”font_family:Montserrat%3Aregular%2C700|font_style:400%20regular%3A400%3Anormal\”][/vc_column][/vc_row][vc_row][vc_column][vc_column_text] NEWS RELEASE: U.S. Department of Labor | March 26, 2020 WASHINGTON, DC – Today, the U.S. Department of Labor’s Wage and Hour Division (WHD) announced more guidance to provide information

[vc_row][vc_column][vc_custom_heading text=\”COVID-19: Considerations for Card Issuers\” google_fonts=\”font_family:Montserrat%3Aregular%2C700|font_style:400%20regular%3A400%3Anormal\”][/vc_column][/vc_row][vc_row][vc_column][vc_single_image image=\”3772\” img_size=\”\”][vc_column_text] The following article was written by Tina Giorgio of ICBA Bancard, an ICBSD Preferred Partner. Considering the current environment and how coronavirus has impacted so many facets of the payments industry, I wanted to draw your attention to the following fraud tips from ICBA Bancard’s SVP