Financial Institutions

INSPIRED TO KEEP YOUR FOCUS ON WHAT MATTERS

Take pressure off the day-to-day and gain more time for serving customers.

We see it every day—more regulations. More competition. More technology needs. Financial institutions are continually being asked to do more with the same resources. It’s the new normal for the industry, and it doesn’t seem to be going away anytime soon. Having a trusted advisor by your side can help you relieve that strain and put your attention back where it belongs—on your customers.

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PPP Loan Forgiveness Modeling Tool

Help your borrowers work through their Paycheck Protection Program forgiveness with consistency and confidence with the help of our loan forgiveness modeling tool.

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2020 Bank Salary Survey

The Eide Bailly Bank Salary and Fringe Benefit Survey is designed to provide banks with reliable and affordable data on more than 50 common positions in a community bank based on institution asset size and state and local demographics.

July 8, 2020

Recorded Webinar

Resources for SBA PPP Lenders

The Keeping American Workers Paid and Employed Act, more commonly referred to as the Paycheck Protection Program (PPP) is administered by you – the SBA PPP Lender. The next step to prepare for phase two of the PPP is loan forgiveness for your PPP …

July 3, 2020

Article

Why Financial Institutions Must Care About Elder Financial Exploitation

Elder financial exploitation is the crime of the 21st century, and financial institutions play a vital role in preventing and responding to it.

June 18, 2020

Article

Updated PPP Forgiveness Application: What the New Guidance Means for You

On June 17, 2020 the government released an updated Paycheck Protection Program (PPP) loan forgiveness application form along with a new simplified application form for certain borrowers.

May 29, 2020

Article

PPP Processing Fee, Reporting Guidance, and Potential Clawbacks

We break down the recently released SBA guidance on the reporting process for PPP loans and the collection of processing fees.

May 18, 2020

Article

New PPP Loan Forgiveness Guidance Issued

Many Paycheck Protection Program (PPP) loan borrowers are more than halfway through their eight-week forgiveness period (the “covered period,” beginning on the date of loan disbursement) yet there are still many unanswered questions concerning how a …

April 30, 2020

Article

Updates to Regulation D Impact Financial Institutions

With the reserve requirement ratio to zero percent, the Federal Reserve has issued further guidance when it comes to Regulation D.

April 28, 2020

Article

How to Ensure Proper Accounting for PPP Funding and Loan Forgiveness

In the ever-changing environment of government assistance and regulation, change is the one constant. The Payroll Protection Program (PPP) loans and their forgiveness are no exception.

April 27, 2020

Article

How to Utilize HR to Prevent Fraud in Your Organization

While it may be impossible to prevent fraud from ever occurring in your business, there are things your HR team can do to greatly lessen the chances.

April 15, 2020

Article

Impact of COVID-19 Tax Relief Provisions on Community Banks

Relief efforts and further guidance continue to be released in the wake of the COVID-19 pandemic. But how do these relief provisions actually impact community banks?

April 15, 2020

Article

What You Need to Know About the CARES Act

The Coronavirus Aid, Relief and Economic Security Act (CARES) provides substantive assistance to taxpayers affected by the coronavirus pandemic. This assistance comes in the form of new and modified tax provisions as well as other loan programs.

April 13, 2020

Article

Federal Reserve Steps in to Pump Liquidity into the Markets

The Federal Reserve has taken actions to improve the flow of credit and effectiveness of existing relief programs under the CARES Act. Here are the details.

April 9, 2020

Article

Coronavirus (COVID-19) Impacts to Financial Institution SEC Filers

For SEC financial institution reporting companies, there is a lot of guidance to follow related to COVID-19 and their first quarter Form 10-Q. We breakdown what you need to know.

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