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Category: Community Banking

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COVID-19 Update: Loan Modifications for Banks

On March 22, 2020, regulators released an interagency statement on loan modifications by financial institutions working with customers affected by the coronavirus.  This statement applies

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Auditing Remotely

COVID-19 has changed many things in a short amount of time. This includes the way we work and interact with one another. It is very

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How to Prepare for LIBOR Replacement

The London Interbank Offered Rate, or LIBOR, has been used for decades as the benchmark interest rate for many bank loans, including commercial and small business loans. But regulators have set a goal of