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OCC: COVID-19 ‘Not an Excuse for Branch Closures’

OCC: COVID-19 ‘Not an Excuse for Branch Closures’

The new comptroller has warned banks not to use the coronavirus pandemic as a cover for cutting services
Banks Support Simpler PPP Forgiveness Process

Banks Support Simpler PPP Forgiveness Process

Companies that received PPP loans should be able to spend their time on rebuilding post-pandemic, not filling out complex forms, associations argue
Why monetizing data is on the money for Powering Good

Why monetizing data is on the money for Powering Good

Any CIO urgently needs to think about adopting a mature strategy for monetizing data to secure business success
Paycheck Protection Program Extended; SBA Releases Borrower Data

Paycheck Protection Program Extended; SBA Releases Borrower Data

On July 4, President Trump signed S. 4116 extending the deadline for applying for a loan under the Paycheck Protection Program (PPP) from June 30 to August 8, 2020
How the PPP May Change After Trump Signs Extension

How the PPP May Change After Trump Signs Extension

Senators are debating a further, more targeted version of the successful Paycheck Protection Program
NY Community Banks to Merge; First Horizon-IBERIABANK Deal Completes

NY Community Banks to Merge; First Horizon-IBERIABANK Deal Completes

Bridge Bancorp and Dime Community Bank plan to create an $11 billion banking group through a “merger of equals”
Bank OZK Exits Alabama Market Through Branch Sales

Bank OZK Exits Alabama Market Through Branch Sales

The $24.6 billion banking giant has agreed to sell two branches to M&M Bank and 22nd State Bank, while PA-based Community Bank is closing two premises
Banks Tap Debt, Equity Markets to Strengthen Balance Sheets

Banks Tap Debt, Equity Markets to Strengthen Balance Sheets

Small and medium-sized banks have raised tens of millions of dollars through debt issuance while interest rates are low
Senate Pushes for PPP Extension as Deadline Passes

Senate Pushes for PPP Extension as Deadline Passes

The US Senate has passed a bill extending the Paycheck Protection Program until August 8
When Community Banks Should Go Public

When Community Banks Should Go Public

Covid-19 and the country’s economic response has provided smaller, relationship-driven banks the opportunity to showcase their strengths
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