Independent Banker - July 2020 - 32

PORTFOLIO
State association executives
and ICBA staff visited West
Point academy in West Point,
N.Y., in October 2019.
Checks & Balances By Joe Schneider, ICBA
Separated but closer
than ever
ICBA is working with state associations to
counter Paycheck Protection Program (PPP)
confusion and inaccurate information.
D
uring a crisis, accurate and timely information
is often at a premium, and the
COVID-19 pandemic is no exception.
When Congress passed the Paycheck Protection
Program (PPP) as part of the Coronavirus
Aid, Relief, and Economic Security (CARES)
Act, community banks struggled to get accurate,
timely information about the program they
32 Q ICBA Independent Banker Q July 2020
needed to serve customers. With a short lead time
and the unprecedented task of issuing more than
a decade's worth of loans in a matter of weeks
before the Small Business Administration (SBA),
a lack of accurate and timely information was
common. Local and regional offi ces did their best
to answer questions with limited information.
Fortunately, community banks didn't have
to go it alone. ICBA and our 43 affi liated state
associations are mutually committed to working
together for the benefi t of community banks. We
have worked hand in hand to counter confusion,
Joe Schneider
(joe.schneider@
icba.org) is
ICBA's senior vice
president of state
associations

Independent Banker - July 2020

Table of Contents for the Digital Edition of Independent Banker - July 2020

Table of Contents
Independent Banker - July 2020 - Intro
Independent Banker - July 2020 - Cover1
Independent Banker - July 2020 - Cover2
Independent Banker - July 2020 - Table of Contents
Independent Banker - July 2020 - 2
Independent Banker - July 2020 - 3
Independent Banker - July 2020 - 4
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Independent Banker - July 2020 - Cover3
Independent Banker - July 2020 - Cover4
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