The FDIC, the Board of Governors of the Federal Reserve, the Office of the Comptroller of the Currency, and the National Credit Union Administration (the agencies) will host a webinar for bankers on Thursday, April 23, 2020, from 11:00 a.m.to 12:00 p.m., Eastern Daylight Time (EDT). Bankers will have the opportunity to hear directly from officials within the Small Business Administration (SBA) regarding the Paycheck Protection Program (PPP). The program was established by the CARES Act and implemented by the SBA with support from the Department of the Treasury.
Statement of Applicability to Institutions with Total Assets under $1 Billion: This Financial Institution Letter (FIL) applies to all FDIC-supervised institutions.
Other resources for bankers include:
The FDIC Coronavirus Webpage contains related FILs, Press Releases and resources for financial institutions and consumers;
The FDIC Coronavirus Small Business Webpage contains FILs, Press Releases and resources for financial institutions on small business initiatives;
The SBA's PPP Webpage; and
Chief Executive Officer
Chief Financial Officer
Chief Credit Officer
Board of Directors
Paper copies of FDIC FILs may be obtained through the FDIC's Public Information Center, 3501 Fairfax Drive, E-1002, Arlington, VA 22226 (1-877-275-3342 or 703-562-2200).