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COVID-19 Impact on Financial Institutions

New information on the impact of COVID-19 on financial institutions is being released daily, and we expect this to continue for a period of time. We've compiled a summary of guidance and links to detailed information and frequently asked questions on the following topics:

  •   First Quarter 2020 Call Report 
  •   Loan Modifications 
  •   Regulatory Frequently Asked Questions
  •   Title IV Economic Stabilization and Assistance to
      Severely Distressed Sectors of the US Economy 
  •   US Small Business Administration Loans

The goal for the Varney & Associates Financial Institution Team is now more important than ever: To take care of community banks so they can take care of their communities. Please reach out to us if you have any questions, concerns, or need assistance.  We are still available as needed to support you during this time.  Our work environment has changed slightly as we are working remotely; however, there has not been significant disruption in our ability to provide services to our clients.

Click here to view our guidance summary