CORONAVIRUS (COVID-19)

WVBankers has collected news and resources for our members to quickly access imperative information to prepare accordingly in regards to the Coronavirus (COVID-19). West Virginia banks are leaders in their communities and are committed to protecting their employees and customers. WVBankers has created this page to particularly help those banks get accurate information. More tools, information, and news will be added as it becomes available.

Statewide Indoor Face Covering Requirement

Reopening Resource Center

West Virginia Banks' Responses

Economic Impact Payments - Resources

MetroNews Talkline with Hoppy Kercheval Podcast 
Sally Cline, WVBankers President and CEO: April 3, 2020 | April 7, 2020 | April 29, 2020
Linda Ashley, President and CEO of Poca Valley Bank: April 9, 2020 | April 29, 2020 
WVBankers/ABA PPP Update Call - Recorded (4/7/2020)

Small Business Administration: Paycheck Protection Program

Paycheck Protection Program Overview 
Find a Paycheck Protection Program Lender (SBA)
Assistance for Small Businesses (U.S. Department of Treasury)                                                                                                       
SBA Paycheck Protection Program FAQs (ABA)
SBA Paycheck Protection Program Talking Points (ABA)
Paycheck Protection Program Loans FAQs (U.S. Department of Treasury)
Key SBA Form, Plus New ABA Resources on Paycheck Protection Program (ABA Banking Journal)
Regulatory Capital Rule: Paycheck Protection Program Lending Facility and PPP Loans (FDIC)  
Advisory Notice Regarding Paycheck Protection Program Loans and the Legal Lending Limit (WVDFI)
Business Loan Program Temporary Changes; PPP– Additional Eligibility Criteria and Requirements for Certain Pledges of Loans (SBA) 
Joint Association Letter on PPP Funding 
Paycheck Protection Program Liquidity Facility (Federal Reserve)
NEW Paycheck Protection Program Liquidity Facility FAQs (PPPLF) - (Federal Reserve) 
Treasury Confirms PPP Lenders May Used Scanned Documents, E-sign (ABA Banking Journal) 
SBA Business Loan Program Temporary Changes; PPP - Additional Criterion for Seasonal Employees (US Treasury)
Business Loan Program Temporary Changes; PPP - Requirements - Disbursements (US Treasury)
ABA Urgently Calls for PPP Loan Forgiveness Guidance (ABA Banking Journal)
CFPB Compliance Aid Clarifies ECOA Notification Obligations for PPP Loans (ABA Banking Journal)
SBA Releases Borrower Application, Instructions for PPP Loan Forgiveness 
SBA Releases Long-Awaited Form 1502 for PPP Processing Fees 
SBA, Treasury Allocate $10B of Round Two PPP Funds for CDFIs 
West Virginia Bankers Association Signs on to Joint State Banking Association Letter on Streamlined Forgiveness Process
SBA Releases New PPP Data, Includes List of Top PPP Lenders 
SBA Clarifies PPP Loan Maturity Dates, Provides Additional Tips on Lender Processing Fees 
SBA PPP Data as of 6/27/2020
House Votes to Extend Paycheck Protection Program 
Banks of All Sizes Supported Nearly 48.5 Million Jobs Through PPP
SBA Releases Data on Paycheck Protection Program Borrowers, Loans 
SBA: Lenders May Submit PPP Forgiveness Decisions Beginning Aug. 10
ABA, Trade Groups Urge SBA, Treasury: Create One-Page Form for PPP Loan Forgiveness

 

Small Business Resources

SBA Disaster Assistance Resources for Businesses
2020 Pandemic Small Business Loan Options
Coronavirus Emergency Loans: Small Business Guide and Checklist (U.S. Chamber of Commerce)
Small Business Administration Loans: Options for Helping Your Customers Through the Pandemic - Recorded Webinar (ABA)
Economic Injury Disaster Loan Emergency Advance 
For questions or concerns regarding the Paycheck Protection Program:
Lenders Only: SBA has established a call center specifically for lender inquires on PPP, including E-tran: 833-572-0502. 
American Bankers Association has set up a direct email - ppp@aba.com - to submit questions.

Compliance Alliance

Pandemic Planning for Banks
PUBLIC WEBINAR: Paycheck Protection Program (PPP) (Recorded 4/6/2020)

Center for Disease Control and Prevention (CDC) & the World Health Network

Coronavirus Situation Summary
How Coronavirus Spreads
CDC Print Resources
CDC Business Guidance
CDC Travel Guidance
CDC Resource: What should the Public Do
CDC Resource: Stop the Spread of Germs
Business Pandemic Influenza Planning Checklist
Communication Resources
Q&A on Coronaviruses (COVID-19)

Banking News & Resources

H.R. 748 - CARES Act (Congress.gov) 
ABA's Coronavirus Response Page
Regulators Pledge Assistance to Banks Affected by Coronavirus (American Banker)
Coronavirus: Scammers follow the headline (Federal Trade Commission)
Coronavirus: What Employers Need to Know (Society of Human Resource Management)
COVID-19 Overview for Workers & Employees (United States Department of Labor)
Guidance for Preparing Workplaces (United States Department of Labor)
ABA Daily Newsbytes: COVID-19 Special Edition 
Coronavirus (COVID-19) Information for Bankers and Consumers (FDIC) 
FAQ for Financial Institutions (FDIC)
FAQ for Bank Customers (FDIC)
Frequently Asked Questions for Bank Customers Regarding COVID-19 (OCC)
Frequently Asked Questions for National Banks and Federal Savings Associations (OCC)
Office of the Comptroller Currency COVID-19 Resource Page 
Interim Final Rule: Real Estate Appraisals (FDIC) 
Interagency Statement on Appraisals and Evaluations for Real Estate Related Financial Transactions Affected by the Coronavirus (FDIC) 
Federal Reserve announces extensive new measures to support the economy (Federal Reserve)
Amid Local Lockdowns, Treasury Issues Documentation for Bankers (ABA Banking Journal)
Memorandum for Financial Services Sector (ABA)
Nelson Mullins COVID-19 Resources (Nelson Mullins)
ABA Joins Broad Coalition Seeking Clarity on Garnishment of Economic Impact Payments (ABA Banking Journal)
COVID-19 Forbearance Challenges - Webinar (April 24th, 1pm) (ABA)
FHFA To Purchase Qualified Loans in Forbearance (ABA Banking Journal) 
Interagency Statement on Appraisals and Evaluations for Real Estate Related Financial Transactions Affected by the Coronavirus (FDIC) 
Interim Final Rule: Real Estate Appraisals (FDIC) 
Podcast: Managing COVID-19 Transmission in a Bank Environment (ABA Banking Journal) 
WV Secretary of State Issues Emergency Rules for Remote Notarization
Return to Offices & Facilities Survey (ABA) (Complete by 5/8/2020)
Podcast: Answering Banker Questions on Post-COVID-19 ‘Return to Normal’ 
Coronavirus Reopening Matrix (ABA)
ABA Return to Offices and Facilities Survey Summary Report
ABA Calls for Tax-Related Guidance, Reporting Relief Due to COVID-19 
ABA Joins Coalition Calling for Liability Relief Legislation
Agencies Issue FAQs on Coronavirus, Community Reinvestment Act Activities 
ABA Joins Consumer, Banking Groups in Support for Bill to Prevent Garnishment of Economic Impact Payments 
Understanding the Main Street Lending Program - Recorded Webinar (ABA)
As Launch Date Nears, Boston Fed Releases Main Street Lending Program Forms, Updated FAQs 
Coin Task Force Issues Statement on Circulation Slowdown 
Senate Passes Bill to Protect Economic Impact Payments from Garnishment
ABA Publishes Guide to Help Banks Implement, Enforce Mask Policies

United States Department of Labor

Families First Coronavirus Response Act: Employee Paid Leave Rights
Families First Coronavirus Response Act: Employer Paid Leave Requirements
Families First Coronavirus Response Act: Questions and Answers

West Virginia News & Resources

West Virginia Governor Executive Order on Non-essential Business Closures: Full Release

WV Department of Health & Human Resources
West Virginia Primary Care Association
WV DHHR Healthcare Professional Guidance
West Virginia Sets up Coronavirus Hotline
West Virginia University: Coronavirus
WVU launches online map of COVID-19 testing sites in West Virginia 
Capito Answers Community Bank Questions, Works to Help Lenders Aid Their Communities
Manchin Hears from West Virginia Financial Institutions: We Need Federal Guidance to Issue SBA Loans
West Virginia, feds launch task force for coronavirus scams
DHHR Social Distancing Guidelines for Retailers