COVID-19 Information Page

News Releases:

Banking Press Release

March 16 2020: Governor Ivey Proclaims Confidence in Alabama Financial Institution Precautionary Measures. Click Here.

Supervisory Guidance:

Banking

 
 August 2020: Joint Statement on Additional Loan Accommodations Related to COVID-19

 May 2020: Interagency Lending Principles for Offering Responsible Small-Dollar Loans
 
 April 27th 2020: Small Business Administration (SBA) and U.S. Department of Treasury Announce Availability of New Paycheck Protection Program Loans - The SBA will resume accepting PPP applications from participating lenders beginning on Monday, April 27, 2020, at 9:30am CDT.

April 14 2020: SBA Interim Final Rule - Business Loan Program Temporary Changes; Paycheck Protection Program – Additional Eligibility Criteria and Requirements for Certain Pledges of Loans (Supplements the First PPP Interim Final Rule and addresses eligibility for directors or shareholders of a PPP Lender on page 14.)

April 7 2020: Revised Interagency Statement on Loan Modifications and Reporting for Financial Institutions Working with Customers Affected by the Coronavirus

March 22 2020: Interagency Statement on Loan Modifications and Reporting for Financial Institutions Working with Customers Affected by the Coronavirus

March 19 2020: Further Guidance on Lending, Operations, Borrowings and Other Real Estate - 3-19-2020

March 19 2020: Frequently Asked Questions for Financial Institutions Affected by COVID-19 (Issued by FDIC)

March 16 2020: Statement on Use of the Discount Window – Federal Banking Agencies encourage depository institutions to use the discount window to meet demands for credit from households and businesses.

March 16 2020: Statement on Financial Institutions Working with Customers Affected by the Coronavirus and Regulatory Assistance. Click Here

March 12 2020: This Memorandum is to provide guidance as to what the Department expects from banks and what banks can expect from the Department. Click Here.

Non Depository

April 3 2020: Annual Report Guidance. Click Here.

March 26 2020: Pawnshop Pandemic Guidance. Click Here.

March 12 2020: Pandemic Planning Memorandum from the Bureau of Loans. Click Here.

Resources:

Nationwide Mortgage Licensing System (NMLS)

NMLS Resources Center

Federal Deposit Insurance Corporation (FDIC)

fdic.gov/coronavirus/

Alabama Department of Public Health (ADPH)

Alabama Department of Public Health (ADPH)

Infectious Diseases / 2019-Coronavirus

Center for Disease Control (CDC)

Center for Disease Control (CDC)

Coronavirus Information

Specific-groups / High-risk-complications

Symptoms-testing / Symptoms

If you are sick / Steps when sick

Prepare / Prevention

Alabama Bankers Association (ABA)

Alabama Bankers

Alabama Recovery Coalition for the Financial Sector / Resources

Consumer Financial Protection Bureau (CFPB)

Protecting your finances during the Coronavirus Pandemic

US Department of State - Bureau of Consular Affairs (travel.state.gov)

travel.state.gov / Travel Advisories / Covid-19 Information

travel.state.gov / Travel Advisories

Federal Housing Finance Agency (FHFA)

FHFA SUSPENDS FORECLOSURES AND EVICTIONS FOR ENTERPRISE-BACKED MORTGAGES