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Banking News
Fed Updates MSLP FAQs to Address Termination of Facilities (11/30/2020) 
The Federal Reserve updated its FAQs for businesses to address terminating Main Street facilities
SBA Outlines Procedures for PPP ‘Loan Necessity’ Questionnaires (11/30/2020) 
The SBA outlined procedures for lenders in handling the loan necessity questionnaires.
OCC Proposes Rule to Ensure Fair Access to Banking Services (11/23/2020) 
The OCC proposed a rule to ensure fair access to banking services.
Fed Provides Temporary Relief to Community Banks With Pandemic-Inflated Assets (11/23/2020) 
The federal banking agencies issued an interim rule to ease the regulatory burden of community banks
51% of Agricultural Borrowers Profitable in 2020 (11/18/2020) 
Lenders reported that just under 51% of their agricultural borrowers were profitable in 2020.
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