Independent Banker - April 2021 - 11

NEWS
BANKER'S HOURS
BY CHRISTOPHER WEYANT
Capital Summit
goes virtual
The 2021 ICBA Capital Summit is
going virtual this year. That means
community bankers don't have to
worry about travel expenses or taking
time away from their bank to join the
April 27 kickoff event from 11 a.m. to 1 p.m.
Eastern. Register at icba.org/capitalsummit
so that you can tell your story and voice
your needs to policymakers and regulators
in Washington. See page 42 for details.
" Do you have any loans that are organic and locally sourced? "
Community banker testifies on PPP applications
Ahead of a March 31 deadline, ICBA and its members urged
Congress and the Small Business Administration to make
sure all Paycheck Protection Program (PPP) applications are
processed.
Alice P. Frazier, president and CEO of Bank of Charles Town
in Charles Town, W.Va., testified March 10 before a House Small
Business Committee hearing. She called on policymakers to
clear thousands of PPP loan applications already submitted
before the program expires.
" Under current law, any application not approved by
March 31-even if it was submitted prior to that date-cannot
receive [PPP] funds, " she said. " With community banks
providing more than 60% of PPP loans and saving an estimated
33.7 million jobs, we believe that any application submitted
by March 31 should be eligible for approval and funding. No
applicant should be left stranded because of bureaucratic
red tape. "
Frazier also called for a number of PPP reforms regarding firstdraw
increase eligibility to providing agricultural partnerships
with equitable access to PPP funding. Go to icba.org/ppp for
updates about the PPP, service providers and more.
independentbanker.org Q 11
Photo by Stephen Gosling
http://www.icba.org/capitalsummit http://www.icba.org/ppp http://www.independentbanker.org

Independent Banker - April 2021

Table of Contents for the Digital Edition of Independent Banker - April 2021

Table of Contents
Independent Banker - April 2021 - Cover1
Independent Banker - April 2021 - Cover2
Independent Banker - April 2021 - Table of Contents
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Independent Banker - April 2021 - Cover3
Independent Banker - April 2021 - Cover4
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https://www.nxtbook.com/mspc/independentbanker/june2017
https://www.nxtbook.com/mspc/independentbanker/may2017
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