Banks across America are stepping up to help customers and communities as they deal with the impact of COVID-19. Banks remain open and are using a variety of methods to assist customers, whether it’s providing payment relief assistance to Americans or supporting the cash flow needs of business customers through the Small Business Administration’s Paycheck Protection Program.
The industry can take these steps at this difficult moment because America’s banks entered this pandemic from a position of strength, thanks to record capital and liquidity levels.
State bankers associations are committed to compiling and sharing pertinent guidelines and vital information with the public and the banking community. Most state bankers associations like Texas, North Carolina, Tennessee, and Wisconsin have dedicated webpages that help to ensure the continuity of essential banking services and are encouraging widespread use of digital services and ways banks can continue branch, drive-up and ATM operations with the appropriate safeguards.
Below we are sharing a few examples of what state bankers associations are doing but you can view a complete list here.