Illinois Bankers Association

COVID-19 Information

The Illinois Bankers Association has developed this page of resources regarding Coronavirus (COVID-19) to help keep Illinois banks informed as they plan and prepare for the disease. More information will be added as it becomes available.

IBA Resources

What Illinois Financial Institutions are Doing to Help Their Communities - Please let us know if your bank has information to include

IBA Associate Member Resources
Resources and programs offered by our Associate Members to help banks and their customers throughout the COVID-19 pandemic.

Social Media Posts for Your Bank

IBA Survey Results

Follow-Up Survey on the Reopening of Illinois Banks and Branches (June 18, 2020)

Survey on Reopening of Illinois Banks and Branches (May 12, 2020)

ABA Video Highlights Banking Industry Response to COVID-19

PPP Information

IBA Overview of the Paycheck Protection Program - April 3, 2020

Burke, Warren, MacKay & Serritella - Memorandum Template for Certifications on PPP Loans of $2 Million or More

ABA FAQ about the SBA's Paycheck Protection Program (updated regularly)

Bipartisan House PPP Letter to McConnell, et al (June 3, 2020)

State Bankers Associations Letter Supporting PPP Funding, April 15, 2020

Joint Letter - IBA, State Associations Urge Support of Ag Loan Interest Relief

Joint Response Letter to Senator Durbin

CARES ACT Small Business Assistance - Information for Your Customers

Illinois Banks Serving Our Customers and Communities - Lending Program Resources

Banking Industry Awaiting Final Rules and Guidance Regarding Paycheck Protection Program - April 2, 2020

Illinois Banks Provide More Than $12.5 Billion To Small Businesses Through Paycheck Protection Loan Program, April 16, 2020

COVID-19 Information and Resources

Banks Classified as "Essential Business" in Governor Pritzker's Executive Order in Response to COVID-19 - March 20, 2020

Joint Statement from Depository Institutions Regarding Coronavirus Situation - March 19, 2020

IBA Update - Division of Banking Guidance on Emergency Adjustments to Branch Services - March 16, 2020

Illinois Banks Addressing the Needs of Their Communities During Coronavirus Pandemic

Questions for Board Discussion on Pandemic Preparedness 

Illinois Bankers Pandemic Talking Points

Webinars

COVID-19 Q&A with Former U.S. Surgeon General, Dr. Richard Carmona  - Access the free on demand webinar  No password required but you will be prompted for name and email.

Five Security Steps for Working Remotely 

Is Your Bank's Pandemic Contingency Plan Ready for Implementation? - On demand version of March 13th webinar 

Webinar - April 8 - Dusting Off the Pandemic Plan in the Wake of COVID-19 

CARES Act & Paycheck Protection Program (PPP)

Banking Industry Resources

Executive Summary CARES Act

The Small Business Guide to the CARES ACT

Small Business Administration (SBA)

General Loan Program Information

PPP Website 

SBA Connect

How to Calculate Loan Amounts

XML Submission Processes for PPP

PPP Information Sheet for Lenders

PPP Information Sheet for Borrowers

Paycheck Protection Program Report with State Specific Numbers

Procedural Notice - SBA Debt Relief Payments for 7(a), 504 and Microloan Programs 

Economic Injury Disaster Loan Emergency Advance

Forms

SBA Form 1502

PPP Loan Forgiveness Application

Lender Application Form - Paycheck Protection Program Loan Guaranty 

CARES Act Section 1102 Lender Agreement

SBA Form for Transfer of SBA Guaranty

SBA Promissory Note

Borrower Application Form - Paycheck Protection Program

SBA Regulations

Interim Final Rule - Loan Forgiveness (May 22, 2020)

Interim Final Rule - Borrower and Lender Responsibilities (May 22, 2020)

Interim Final Rule - Business Loan Program Temporary Changes - Extension of Limited Safe Harbor with Respect to Certification Concerning Need for PPP Loan Request (May 8, 2020)

Interim Final Rule - Nondiscrimination and Additional Eligibility Criteria (May 6, 2020)

Interim Final Rule - Liquidity Coverage Ratio Rule: Treatment of Certain Emergency Facilities (May 5, 2020)

Interim Final Rule - Promissory Notes, Authorizations, Affiliation, and Eligibility (April 24, 2020)

Interim Final Rule - Directors' Eligibility and Requirements for Certain Pledges (April 14, 2020)

Interim Final Rule - PPP Affiliation Rules (April 3, 2020) (Guidance)

Interim Final Rule - Paycheck Protection Program (April 2, 2020) (IBA Summary)

Federal Banking Regulators

Interagency

Ask the Regulators Webinar - How to Become a Paycheck Protection Program (PPP) Lender (April 23, 2020)

Interagency Statement on Loan Modifications and Reporting for Financial Institutions Working with Customers Affected by the Coronavirus (Revised) (April 7, 2020)

Federal Banking Regulators Issue Interim Final Rule for Paycheck Protection Program Facility, April 9, 2020

Joint Statement Encouraging Responsible Small-Dollar Lending in Response to COVID-19 (March 26, 2020)

Federal Reserve and Treasury

SBA Procedural Notice on PPP Processing Fee Payments (May 21, 2020)

Loan Forgiveness Application News Release

Treasury Paycheck Protection Program Loans FAQs (updated regularly)

Federal Reserve - PPP Liquidity Facility FAQs (updated regularly)

PPPL Facility Term Sheet

Main Street Expanded Loan Facility Term Sheet

Main Street New Loan Facility Term Sheet

Disaster Assistance Update - EIDL Loans (May 18, 2020)

Primary Market Corporate Credit Facility Term Sheet

Secondary Market Corporate Credit Facility Term Sheet

Term Asset-Backed Securities Loan Facility Term Sheet

Municipal Liquidity Facility

Treasury Economic Impact Payments Operational FAQs for Financial Institutions

Treasury Checks for Economic Impact Payments and Treasury Check Verification Application

OCC

Interim Final Rule - OCC Authorizes Electronic and Telephonic Meeting Participation (May 27, 2020)

OCC Bulletin: Documentation of SBA PPP Loans (April 27, 2020)

FDIC

FDIC FAQs for Financial Institutions Affected by Coronavirus Disease - (updated regularly) 

Changes to the Regulatory Capital Rule to Accommodate the PPP, April 9, 2020

Illinois State Treasurer

Small Business COVID-19 Relief Program Website

Business Invest - Small Business COVID-19 Relief Program (March 23, 2020)

State Treasurer to Make Low-Interest Bridge Loans to Small Businesses Available (March 23, 2020)

U.S. Chamber of Commerce

Coronavirus Emergency Loans - Small Business Guide and Checklist (April 9, 2020)

Main Street Loan Program

Centers for Disease Control and Prevention (CDC)

State of Illinois

Restore Illinois

Phase 4 Guidelines for Reopening

Phase 3 Guidelines for Reopening Business and Returning People to Work Safely

Restore Illinois Plan - A Public Health Approach to Safely Reopen Our State

Executive Orders and Proclamations

Executive Order 2020-44, dated June 26, 2020

Executive Order 2020-43, dated June 26, 2020

Executive Order 2020-32 -- COVID-19 Executive Order No. 30, dated April 30, 2020

Executive Order in Response to COVID-19

Executive Order - Remote Notarization

Proposed Legislation on Remote Notarization

Stay at Home Executive Order FAQs
State of Illinois Coronavirus (COVID-19) Response

Gov. Pritzker Issues Disaster Proclamation to Unlock Additional Federal Resources

State Resources

Department of Human Rights - FAQ for Businesses Concerning Use of Face Coverings During COVID-19

COVID-19 Testing Sites

Illinois Department of Public Health Coronavirus Site & Statewide Incident Tracker

Illinois Department of Insurance FAQs about Insurance Coverage and the Coronavirus COVID 19

Illinois Supreme Court Issues Order Limiting Freezes on Personal Bank Accounts

SOS Guidance for Remote Notaries and Consumers

IDFPR

IDFPR, Banks and Advocacy Groups Work Together to Provide Help in Cashing Stimulus Checks During the COVID-19 Pandemic

Interpretive Letter 2020-04 - Legal Lending Limits - Exemption for SBA PPP Loans (May 4, 2020)

Depository Institution Guidance - March 30, 2020

Mortgage Guidance - March 30, 2020

Financial Guidance - March 30, 2020

Department of Commerce and Economic Opportunity - Essential Businesses and Operations

IEMA - Emergency Management Statues

City of Chicago

Chi COVID Coach - App

City of Chicago City Coronavirus Site

City of Chicago Small Business Resiliency Fund

Chicago COVID Resource Center

Federal Regulators and Agencies

Interagency/FFIEC
Federal Bank Regulators Issue Interim Final Rule for Paycheck Protection Program Facility, April 9, 2020

Revised Interagency Statement on Loan Modifications by Financial Institutions Working with Customers Affected by the Coronavirus (April 7, 2020)

Interagency Statement on Loan Modifications and Reporting for Financial Institutions Working with Customers Affected by the Coronavirus (March 22, 2020)

Joint Statement on CRA Consideration for Activities in Response to the COVID-19 - FIL-19-2020

Pandemic Planning: Joint Statement on Community Reinvestment Act Consideration for Activities in Response to COVID-19

Pandemic Planning: Joint Questions and Answers Regarding Statement About the Use of Capital and Liquidity Buffers

Federal Bank Regulatory Agencies Issue Interim Final Rule for Money Market Liquidity Facility

Federal Banking Agencies Encourage Banks to Use Federal Reserve Discount Window (3/16/20)     

FFIEC Interagency Statement on Pandemic Planning (updated 2020)

Interagency Guidance on Banks Affected by Major Disasters (2017)

FFIEC Business Continuity Management Booklet

FFIEC Business Continuity Planning, Appendix D: Pandemic Planning

FBIIC/FSSCC 2007 Pandemic Flu Exercise After Action Report

FDIC
FDIC FAQs for Financial Institutions Affected by Coronavirus Disease - April 28, 2020

Coronavirus (COVID-19) Information for Bankers and Consumers     

OCC     
OCC Resource Page - COVID-19

Coronavirus Disease (COVID-19) FAQs for National Banks and Federal Savings Associations

Frequently Asked Questions Regarding COVID-19

Pandemic Planning: Working with Customers Affected by Coronavirus and Regulatory Assistance - OCC Bulletin 2020-15

Federal Reserve

Federal Reserve Actions to Support the Flow of Credit to Households and Businesses (3/15/20)

Supervisory Practices Regarding Financial Institutions Affected by Coronavirus - SR 20-4

 

FOMC Statement

 

COVID-19 and the St. Louis Fed

 

CFPB

CFPB Paves Way for Consumers Facing Financial Emergencies to Obtain Access to Mortgage Credit More Quickly

 

Protect Yourself from the Impact of the Coronavirus


Conference of State Bank Supervisors

 

Information on COVID-19 Coronavirus (including county-level map of cases, updated hourly)

 

Troubled Debt Restructurings Job Aid

 

FinCEN

 

FinCEN Encourages Financial Institutions to Communicate Concerns Related to the Coronavirus Disease and to Remain Alert to Related Illicit Financial Activity (3/16/20)

 

FinCEN Advisory to Financial Institutions Regarding Disaster-Related Fraud (10/31/17)

 

FHFA


FHFA Suspends Foreclosures and Evictions for Enterprise-Backed Mortgages (March 18, 2020)

 

HUD


Mortgagee Letter 2020-04 - Foreclosure and Eviction Moratorium in connection with the Presidentially Declared COVID-19 National Emergency (March 18, 2020)

 

IRS

 

Coronavirus Tax Relief Webpage


Notice 2020-17 - Relief for Taxpayers Affected by Ongoing Coronavirus Disease 2019 Pandemic (March 18, 2020)

 

Transportation Security Administration (TSA)


Coronavirus (COVID-19) Information Site

 

CFTC

 

Coronavirus (COVID-19) website

 

Office of Personnel Management

 

Memorandum (March 7, 2020) - Coronavirus Disease 2019 (COVID-19): Additional Guidance  and Questions and Answers for Federal agencies regarding COVID-19 and human resources policies  

 

Memorandum (March 3, 2020) - Preliminary Guidance to Agencies during Coronavirus Disease 2019 (COVID-19) - Guidance on telework and Federal mission resilience, workplace safety, domestic travel and international travel for Federal employees, and visitor access to Federal offices and buildings    

 

Memorandum (February 7, 2020) - Human Resources Flexibilities Available for Federal Employees Impacted by the 2019 Novel Coronavirus - Guidance on human resources flexibilities and authorities, including leave and other paid time off, work schedule flexibilities, and hiring and pay flexibilities    

 

Memorandum (February 3, 2020) - 2019 Novel Coronavirus  - Links to CDC, OSHA, and Department of State resources

 

Nacha

 

ACH Operations Bulletin #2-2020: Nacha Issues Reminder Regarding ACH Responsibilities to Financial Institutions Potentially Impacted by Coronavirus

 

FINRA

 

Pandemic-Related Business Continuity Planning, Guidance and Regulatory Relief - Regulatory Notice 20-08

 

FINRA Provides Guidance on Pandemic Preparedness - Regulatory Notice 09-59

 

FINRA 2009 Pandemic Survey Results

 

EPA - List of Products for Use Against SARS-CoV-2, the cause of COVID-19

World Health Organization (WHO)

Other Associations and Orgs

HR Resources

Insurance Information and Resources

Illinois Bankers Group Insurance Trust Resources

Frauds and Scams

Nonprofit Organizations / Partnerships

Nonprofit Organizations/Partnerships - assisting with financial well-being


Community Foundation and United Way Establish COVID-19 Response Fund for Greater Capital Region in Illinois (March 17, 2020)

 

Housing Action Illinois    

COVID-19 Information and Resources  

Get Help with Housing


Operation HOPE - Phone: 888-388-HOPE (4673)


United Way of Illinois