Coronavirus COVID-19 Resources

The New Hampshire Bankers Association, like the general public, is concerned about the growing spread of the coronavirus and the impact it will have around the country and here in New Hampshire. We are committed to sharing vital information and updates with the banking community and have created this resource page for the coronavirus with various links that will be updated continually. If you have questions about additional member resources, please contact us.

NH Bankers Resources

3/27/20 - NH Bankers Press Release - NH Bankers Applauds Passage of Federal Aid Package for New Hampshire’s Small Businesses
3/25/20 - NH Bankers Press Release - Banks Focus Help on Small Businesses in New Hampshire
3/20/20 - Joint Press Release - NH Bankers and CCUA - New Hampshire Credit Unions and Banks Unite to Assist Consumers and Their Communities
3/17/20 - NH Bankers Press Release: Banks in New Hampshire Open and Committed to Helping Their Customers Through the Pandemic 

Updated 3/26/20 - COVID-19 Employee Law Questions - This is summary information intended only to guide discussions. Employers should consult with counsel about how these changes may affect their particular businesses. 

Pandemic Planning Toolkit from Bankers Alliance

Pandemic Planning Tools from Compliance Alliance

3/23/20 - Virtual Annual Meetings in Response to COVID-19 - Legal Update from Luse Gorman

Guidance from Federal Regulators


Interagency Webinar
POSTPONED - Ask the Regulators: Interagency Statement on Loan Modifications and Reporting for Financial Institutions Working with Customers Affected by the Coronavirus 

Commodities Future Trading Commission (CFTC)

Consumer Financial Protection Bureau

EEOC Guidelines on ADA Compliance During Coronavirus

Federal Deposit Insurance Corporation (FDIC)

3/26/20 - The FDIC Announces a 30-Day Grace Period for the Call Report for the First Quarter of 2020
3/19/20 - Joint Statement on CRA Consideration for Activities in Response to the COVID-19
3/19/20 - McWilliams Calls on FASB to Offer CECL Postponement
3/19/20 - Frequently Asked Questions for Financial Institutions Affected by the Coronavirus Disease 2019
3/16/20 - FDIC Announces Steps to Protect Banks and Consumers and to Continue Operations
3/9/20 - Agencies Encourage Financial Institutions to Meet Financial Needs of Customers and Members Affected by Coronavirus

Federal Reserve
Federal Reserve Board List of Monetary Policies

FinCEN
3/16/20 - FinCEN Issues Statement on BSA Reporting, Illicit Activity in Wake of Coronavirus Pandemic

HUD
3/18/20 - HUD Provides Immediate Relief for Homeowners amid Nationwide Corinavirus Response
3/18/20 - Foreclosure and Eviction Moratorium in connection with the Presidentially Declared COVID-19 National Emergency

Office of Comptroller of the Currency (OCC) 
Frequently Asked Questions Regarding COVID-19
Frequently Asked Questions for National Banks and Federal Savings Associations
3/20/20 - Licensing Filings : Use of Electronic Methods for Submission of Licensing Filings
3/17/20 - Federal Register: Regulatory Capital Rule: Money Market Mutual Fund Liquidity Facility
3/13/20 - Pandemic Planning: Working With Customers Affected by Coronavirus and Regulatory Assistance 

OSHA Guidance for Preparing Workplace

Legislative Relief

3/26/20 - Keeping American Workers Paid and Employed Act

3/20 - ABA Staff Analysis©: Paid Leave Provisions in “Families First Coronavirus Response Act” (H.R. 6201)
 
3/18/20 - President Trump signs into law H.R. 6201, Families First Coronavirus Response Act. Link to summary of  HR 6201

Loans and Tools for Small Businesses and Customers 


3-18-20 - Today the SBA approved Governor Sununu’s request for a declaration from the SBA for businesses adversely impacted by the Coronavirus and its impact on normal operations.  The entire state of New Hampshire is now eligible under this declaration.

Over the coming days and weeks there will be press, webinars, virtual discussions and a variety of outreach and educational activities to help businesses understand the process and decide whether and how to apply.  There is an extended application period so no one has to decide today; but we have heard from a lot of folks with immediate needs and are happy to be able to make this program available.

Here’s where we would like to direct businesses at this time: New Hampshire businesses who are feeling the disruption are free to contact the Office of Emergency Management’s Joint Information Center by phone at 603-223-6169, or by email at jic@dos.nh.gov. P

Fact Sheet – Economic Injury Disaster Loans
Deferments on SBA Loans under Certain Circumstances
SBA to Provide Small Businesses Impacted by Coronavirus Up to $2 Million in Disaster Assistance Loans
HANDOUT_SBA Disaster Assistance_Resources for Businesses

3/26/20 through 4/3/20 - every day at 9:00 AM and 2 PM ET - SBA Economic Injury Loan Program - Overview and Live Q&A
To join webinar: 

Join Skype Meeting

Join by phone:  Toll number: +1 (202) 765-1264, 522409519# 
Conference ID: 522409519

Please pass along the word to business owners in New Hampshire; that you are not alone.  In addition to the below programs the BFA is developing new resources that, coupled with our state agencies and lending partners, will be helpful during these challenging times. 

CAP Program - Providing banks the ability to lend up to $200,000 to small businesses and non-profits across the state. CAP loans can be used for working capital, temporary needs, lines of credit, or long-term assets. These loans have rapid approval times and can be deployed in situations that banks normally could not lend into. CAP is a powerful resource to help companies bridge the gap until COVID-19 subsides.

Temporary Loans - A direct loan program from the BFA in an amount up to $2,000,000. These loans are designed to be temporary in nature with a maximum three year term. The amortization rate is flexible, and the BFA can take a subordinate position to the bank. For companies who need temporary loan capital that the bank cannot provide, the BFA is ready to support their needs wherever possible.

 

What Our Banks are Doing

Bangor Savings Bank
Bank of America
Bank of New England
Bank of New Hampshire
Bar Harbor Bank & Trust
Cambridge Trust Company
Camden National Bank
Citizens Bank
Claremont Savings Bank
Eastern Bank
Enterprise Bank
First Seacoast Bank
Franklin Savings Bank
Haverhill Bank
Kennebunk Savings Bank
Ledyard National Bank
Mascoma Bank
Meredith Village Savings Bank
Merrimack County Savings Bank
Millyard Bank
NBT Bank, NA
Newburyport Bank
Northway Bank
Partners Bank
Passumpsic Savings Bank
Pentucket Bank
People's United Bank
Piscataqua Savings Bank
Primary Bank
Profile Bank
Salem Co-operative Bank
Savings Bank of Walpole
Sugar River Bank
TD Bank
The Lowell Five Cent Savings Bank
The Provident Bank
Union Bank
Woodsville Guaranty Savings Bank

National Resources

ABA COVID-19 Information and links
ABA COVID-19 Communications Toolkit
ABA COVID-19 Banking Frequently Asked Questions
ICBA COVID-19 Information and links
ICBA Crisis Response & Preparedness Toolkit

Upcoming Webinars Concerning Coronavirus

Recorded 3/19/20 - Coronavirus - Check Your Pandemic Plan and BCP - by TTS Webinars

3/26/20 through 4/3/20 - every day at 9:00 AM and 2 PM ET - SBA Economic Injury Loan Program - Overview and Live Q&A
To join webinar: 

Join Skype Meeting 

Join by phone:  Toll number: +1 (202) 765-1264, 522409519# 
Conference ID: 522409519

POSTPONED - Ask the Regulators: Interagency Statement on Loan Modifications and Reporting for Financial Institutions Working with Customers Affected by the Coronavirus
3/30/20 1:30 PM CT - COVID-19 New FMLA and Paid Leave Obligations - by TTS Webinars
3/31/20 2:00 PM ET - Responding to COVID-19 - by Wolf & Company
3/31/20 - 3:30 PM ET - Pandemic Preparedness and COVID-19 - by Bankers Alliance
4/6/20 - 10:00 AM CT -  Pandemic Planning - A New Reality, New Regulatory Guidance: Are You Prepared - by TTS Webinars
4/7/20 - 10:00 AM CT - Taking Training from Classroom to Virtual - by TTS Webinars
4/22/20 - Interview with 17th Surgeon General of the U.S. Dr. Richard Carmona (COMING SOON) - by TTS Webinars (Complimentary)