2-month
PPP extension signed into law; SBA issues 2nd procedural notice on PPP hold, error codes
President Joe Biden Tuesday signed into law legislation to extend the paycheck
protection program's (PPP) loan application deadline to May 31 and allow
the Small Business Administration (SBA) to continue processing pending applications
until June 30. In addition, the SBA issued a second procedural notice to provide
guidance related to hold codes on first-draw paycheck protection program (PPP) loans and other error messages.
2021 NAFCU Board elections begin
NAFCU's 2021 board election cycle is now open with three director positions
available – two At-Large seats and one Eastern Region seat – all for three-year
terms. Two incumbents are seeking re-election.
BSA
Blast details recent FinCEN EIP advisory, BSA/AML changes, more
A new
edition of NAFCU's BSA Blast – in its user-friendly digital format with
direct links to each section – is now available on the association's website. The
first issue of 2021 details the Bank Secrecy Act (BSA)/anti-money laundering changes
made by the Anti-Money Laundering Act of 2020 (AMLA).
Easily share ideas and solve challenges
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CU peers in similar roles across the country. Exclusively for members!
