Community banks

Fed will buy small-business loans to help coronavirus response

04/06/20

The central bank is creating a facility to provide financing to banks participating in the Small Business Administration’s Paycheck Protection Program.

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Regulators expand capital relief for community banks

04/06/20

After Congress temporarily lowered the leverage ratio used by smaller institutions, the federal agencies said they would allow a one-year transition before banks have to comply again with the regular standard.

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Emergency loan program could run out of money in early June: Rubio

04/05/20

Sen. Marco Rubio, R-Fla., said that $349 billion will likely not be enough meet loan demand from small businesses seeking a lifeline to help them weather the economic downturn brought on by the coronavirus outbreak.

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Can banks help rescue country without undercutting themselves?

04/01/20

In supporting the economic recovery from the coronavirus pandemic, lenders have a chance to restore public trust damaged in the last financial crisis. But they face tough decisions on dividend cuts, executive pay, furloughs and deeper changes to their business model in the process.

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Fed delays effective date of bank control rule due to coronavirus

03/31/20

The regulation established standards for investors who own less than a quarter of an institution. Banks are getting more time for implementation as they focus on effects of the COVID-19 pandemic.

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Oklahoma bank creating program to expedite stimulus funds for clients

03/30/20

Motivated by entrepreneur Mark Cuban, Citizens Bank of Edmond is offering an overdraft line to give customers quick access to cash they will eventually receive from the federal government.

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Will coronavirus permanently change CRE lending?

03/30/20

Commercial real estate lenders have to consider not only how they’ll weather the COVID-19 downturn, but whether worker and consumer habits have changed for good.

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CECL impact delayed two years

03/27/20

Regulators are allowing banks that implemented the loan-loss standard to forestall any capital hits until 2022.

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Will coronavirus lead to a wave of bank failures?

03/26/20

An uptick in closings is likely, but how many institutions go under and how fast will depend on a variety of factors, including the duration of the pandemic.

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Stop what you’re doing and help the Fed

03/25/20

Banks and credit unions should make it their top priority to pair with the central bank in distributing financial relief to small businesses, even if that means putting everything else on hold.

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