Pandemic Resources
CBA

• Georgia's Financial Institutions Proactive on Coronavirus
• Rescheduled and Virtual CBA Classes & Events

​CDC

• ​CDC - Coronavirus Disease 2019 (COVID-19)
• CDC - Coronavirus Disease Interim Guidence for Businesses and Employers
• CDC - Preventing COVID-19 Spread in Communities
• PDF - Implementation of Mitigation Strategies for Communities with Local COVID-19 Transmission

FDIC

• FDIC - Coronavirus Information for Bankers and Consumers
• FDIC - Interagency Statement on Pandemic Planning
• FDIC - Regulatory Relief: Working with Customers Affected by the Coronavirus
• FDIC - FAQs For Financial Institutions and Consumers Affected by the Coronavirus
• FDIC Chairman Urges FASB to Delay Certain Accounting Rules Amid Pandemic
• Interagency Statement on Loan Modifications by Financial Institutions Working with Customers Affected by the Coronavirus
• Identification of Essential Critical Infrastructure Workers During the COVID-19 Response Efforts

ICBA

• Customizable Press Releases for Your Bank - ICBA
• ICBA - Agencies Respond to Coronavirus Fallout
• ICBA - Crisis Response & Preparedness Toolkit
• ICBA - Coronavirus Webinars
• ICBA - Community Bank Provisions of the CARES Act​

State Department Resources & Announcements

• Department of Banking and Finance - Pandemic Planning
• Georgia Department of Public Health - COVID-19 (Novel Coronavirus)
  • Informational & Hand Washing Posters
• CJ Melton issues Order Declaring Statewide Judicial Emergency (3/14)
• Council of Superior Court Clerks of Georgia advisory to all filers and the public
• WEBINAR - Ask the Regulators: Interagency Statement on Loan Modifications and Reporting for Financial Institutions Working with Customers Affected by the Coronavirus  Friday, March 27, 2020, at 2 p.m. EST​
  ​submit questions in advance via email at rapid@stls.frb.org
• Executive Order Ensuring the Continuation of Commerce by Temporarily Allowing Remote Online Notarization

National Department Resources & Announcements

• Munchin Memo and CISA Guidance - 3/22/2020
• Letter to FinCEN on CTR Submission Relief
• OCC - Frequently Asked Questions About COVID-19
• Coronavirus Disease 2019 (COVID-19) Frequently Asked Questions for National Banks and Federal Savings Associations
• Federal Reserve Actions to Support the Flow of Credit to Households and Businesses
• Agencies Announce Changes to the Community Bank Leverage Ratio
• USDA Rural Development COVID-19 Resources
• U.S. Treasury Department Office of Public Affairs - Additional Guidance Regarding the Paycheck Protection Program

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FHLB Atlanta

• FHLB Atlanta: Provisions for Economic Stimulus & Collateral Relief Program

Ncontracts

• 3/24 - Free Webinar: Managing Coronavirus Operational Risk Department-by-Department -- What You Need to Do Today

​CBIZ

• COVID-19 Resources - Impacts to Expect & How Your Business Can Respond

Mauldin & Jenkins, LLC

• Navigating Employment Issues and the Coronavirus - What To Do and Not To Do

Vinings Sparks

• Opportunities for selling Held-to-Maturity securities

Latest on the Coronavirus

CDC

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USDA and
​SBA Disaster Support

Many of our Holtmeyer & Monson clients have asked for clarification about government programs available to provide disaster support to customers hard hit by storms, floods, droughts and other devastating natural events. Both the USDA and the SBA offer direct-to-consumer loans that may provide relief to affected members of your community.
 
The USDA’s Farm Service Agency (FSA) offers an Emergency Loan that provides funding direct from the Agency to farmers and ranchers who have sustained losses due to an event officially designated as a natural disaster or quarantine, and who have been denied disaster-related credit by a commercial lending institution(s). The Emergency Loan, a specialty loan that’s part of the FSA’s Disaster Assistance Program, requires the same application forms as all FSA direct loans – plus two additional forms:

• Lenders Verification of Loan Application, providing written confirmation that credit was denied to the applicant by an organized commercial lending institution
• Certification of Disaster Losses

Application forms, their instructions, plus other valuable Emergency Loan information, are available at https://www.fsa.usda.gov/programs-and-services/farm-loan-programs/emergency-farm-loans/index. Applicants are encouraged to visit their local FSA office or USDA Service Center to learn more about the Agency’s programs and information needed for a full application. As a final step in the process, applicants are required to visit the FSA office to complete forms specific to their requested loan.
 
The SBA provides long-term, low-interest Disaster Loans to businesses of all sizes, private non-profit organizations, homeowners, and renters. SBA disaster loans can be used to repair or replace the following items damaged or destroyed in a declared disaster: real estate, personal property, machinery and equipment, and inventory and business assets. More details are available at https://disasterloan.sba.gov/ela/Information/Index, where you’ll find links to the different types of SBA Disaster Loans, fact sheets for each type, mail-in paper application forms, current disaster declarations, and a glossary of terms. All types of SBA Disaster Loans may be applied for online at https://disasterloan.sba.gov/ela. The three-step online process is the fastest way to receive an eligibility decision. Applications may be submitted by mail. Holtmeyer & Monson is available to assist with the application process, which involves completing standard forms and providing financial information along with a signed IRS FORM 4506-T permitting release of tax return information to SBA. People may also apply in person at any Disaster Recovery Center and receive one-on-one help from an SBA representative. (For Center locations, go to https://www.fema.gov/disaster-recovery-centers)
 
If you have a question about this or other SBA/USDA issues, by all means give us a call. The same goes if you simply want to learn a little more about Holtmeyer & Monson. As a qualified Lender Service Provider, we serve as an out-of-house SBA/USDA lending department for community banks, and are an Endorsed Member Company of the Community Bankers Association of Georgia. To learn more contact Arne Monson at 800-340-7304.

Disaster Support Links
Georgia Emergency Management & Homeland Security Agency
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​Storms and Disasters

ICBA Crisis Response & Preparedness Center