MBA (Michigan Bankers Association) Highlights
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- Read prior MBA Bank Beats.
- Join us May 7th with Martin Lavelle, Federal Reserve Bank of Chicago, for the 7:30 a.m. MBA Roundtable
- Contact us to join meeting.
- May 8th – Speaker of the House Lee Chatfield will be joining the MBA round table.
- Read the Economic Impact Payments Operational FAQs for Financial Institutions
- Cyber Snapshot – Limiting Employee Information Published on Websites
- Free Webinar to Focus on Returning to Normal Office, Branch Operations – May 6 – 1:00 P.M.
- Read the article 20-Point Bank Checklist for Returning to Work
SBA Paycheck Protection Program
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- Download the SBA PPP Customizable Social Media Info-graphic
- Treasury: Lender Compliance Safeguards PPP Guarantees. Read the FAQs.
- The Small Business Administration and the Treasury Department confirmed that Paycheck Protection Program borrowers who attempt to rehire employees that were laid off will not have their loan forgiveness amounts reduced if those employees decline the offer to return to work. Read the FAQs.
- Treasury Secretary Steven Mnuchin said May 4 the administration does not have the authority to alter the percentages companies must allocate for payroll and overhead costs in order to have their emergency loans from the Small Business Administration forgiven.
- How to Set Up for PPP Forgiveness. Read more.
- Share your PPP stories with the public and the press. The MBA has created a customizable press release for members. Download the release here.
Under the Dome
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- MBA, ABA and 50 state banking associations expressed strong support for H.R. 1872/ S. 1641, the Enhancing Credit Opportunities in Rural America Act (ECORA) of 2019, urging House and Senate member offices to include this measure as part of any COVID-19 Phase IV package. Read the letter.
- U.S. Rep. Paul Mitchell asked a federal judge today to block Governor Gretchen Whitmer’s use of emergency executive orders as unlawful. Read more.
Regulators
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- Fed Survey: Coronavirus Pandemic Weakens Demand for CRE, Consumer Debt. Read more.
- Federal Reserve Expands FAQs on Primary, Secondary Market Credit Facilities. Read the updated FAQs.
Products
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For more information on Endorsed Partners and Products, click here.
- Join the Compliance Alliance experts for a free, moderated discussion surrounding the PPP and other banking hot topics.
Professional Development/Online Learning
View Webinar Calendar. Search by topic.
- COVID-19 Related/Business Continuity Webinars (all complimentary):
- Having a Preparedness and Response Plan to Safely Return Employees To Work. May 6
- Employment Litigation After COVID-19. May 6
- Cyber Insurance – Are You Covered? May 6
- Free ABA Webinar to Focus on Returning to Normal Office, Branch Operations. May 6
- COVID-19 and Credit Risk – Implications for Banks, Energy. May 7
- The Psychology of Resilience & Certainty: Simple Habits That Create Powerful Results. May 8
- The Art and Science of Time Mastery in the New Normal. May 12
- Wealth Management Pinnacle Virtual Series: COVID-19 Economic Update and Financial Planning Opportunities. May 12
- 10 Considerations for Core Contracts. May 13
- Banking in a Digital World: Drivers & Trends. May 19
- Notary Best Practices and New Law Updates for Michigan Notaries. May 21
- Best Practices for Remote Employees – recording
- Online Seminars:
Offered in conjunction with ProBank Austin: - HELOCs – Start to Finish. May 6
- Flood Insurance Compliance. May 6
- Appraisal Regulations. May 7
- Construction Loans. May 7
- Offered through the Graduate School of Banking – Madison
- May
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