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ABA Urges Support for PPP Forgiveness Bill

ABA Urges Support for PPP Forgiveness Bill

Support comes as Republicans have proposed another $60 billion for the small business loan fund
Five Star is Latest Bank Consolidating Branches as Visits Drops

Five Star is Latest Bank Consolidating Branches as Visits Drops

The New York-based bank will close six branches and merge them into other existing premises after a multi-year fall in in-person visits
Mutual of Omaha Rebrands to Remove Native American Imagery

Mutual of Omaha Rebrands to Remove Native American Imagery

The $50 billion bank will also invest in training programs for staff and take proactive measures to improve recruitment and supplier diversity
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
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”
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

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As part of the Banking Exchange Interview Series we and SkyStem are proud to present our interview with Rachel Lewis, Assistant Controller at Stock Yards Bank & Trust.

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