NEWS RELEASE: U.S. Department of Labor

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 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 to workers [...]
READMORE

COVID-19: Considerations for Card Issuers

COVID-19: Considerations for Card Issuers 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 of Card Risk and [...]
READMORE

Families First Coronavirus Response Act Explained

Families First Coronavirus Response Act Explained The following article by ICBSD Preferred Partner Davenport Evans lawyer Kalen K. Biord offers a brief explanation of the Families First Coronavirus Response Act. For more information, view the “Act” via the Congress.gov Families First Coronavirus Response Act webpage or contact Kalen K. Biord at 605-357-1231 or kbiord@dehs.com. Effective Date; Application On March 18, 2020, [...]
READMORE

Modifying Loans During COVID-19

The following article was written by ICBSD Preferred Partner,Davenport Evans lawyer Keith A. Gauer and distributed in the Davenport Evans Banking eNews.  Over the course of the past week, we have learned that many banks are being asked to consider loan modifications, payment deferrals, and other similar accommodations to borrowers impacted by the COVID-19 pandemic. [...]
READMORE

Covid-19: Government Resources

Covid-19: Government Resources As issues and concerns around Coronavirus/COVID-19 unfold daily, employers must prepare to address the threat as it relates to the health and safety of their workforce. Keep up to date with the latest available information from the following government resources: U.S. Department of Labor COVID-19 Resources Pandemic Preparedness in the Workplace and the Americans [...]
READMORE

OCC Covid 19 Teleconference

OCC Hosts Mutual Savings Association Advisory Committee Meeting April 21 Via Teleconference News Release | NR 2020-44 March 30, 2020 WASHINGTON—The Office of the Comptroller of the Currency (OCC) today announced it will host a public meeting of the Mutual Savings Association Advisory Committee (MSAAC) on Tuesday, April 21, 2020, via teleconference. The teleconference is open to [...]
READMORE

Insured Deposits are Safe at Your Local Independent Community Bank

Insured Deposits are Safe at Your Local Independent Community Bank Watertown, SD (March 26, 2020) — The Independent Community Bankers of America® (ICBA) and the Independent Community Bankers of South Dakota today reminded consumers and community banking customers that their insured deposits are safe and backed by the full faith and credit of the federal [...]
READMORE

FFIEC Highlights Pandemic Preparedness Guidance

FFIEC Highlights Pandemic Preparedness Guidance The Federal Financial Institutions Examination Council (FFIEC) today updated guidance identifying actions that financial institutions should take to minimize the potential adverse effects of a pandemic. Pandemic preparedness is an important part of a financial institution’s business continuity planning. The guidance provides the Council’s prudent expectations that regulated institutions should [...]
READMORE

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

Agencies Encourage Financial Institutions to Meet Financial Needs of Customers and Members Affected by Coronavirus Federal financial institution regulators and state regulators today encouraged financial institutions to meet the financial needs of customers and members affected by the coronavirus. The agencies recognize the potential impact of the coronavirus on the customers, members, and operations of many [...]
READMORE

Pandemic Planning: Updated FFIEC Guidance

The Office of the Comptroller of the Currency (OCC), along with other members of the Federal Financial Institutions Examination Council (FFIEC), today issued updated guidance to remind financial institutions that their business continuity plans should address the threat of a pandemic outbreak and its potential impact on the delivery of critical financial services. The guidance […]

READMORE