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UPDATE

April 20, 2022

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Time’s Almost Up! Are You Registered for the NBA Annual Convention?

NBA's Compass for the Future

The NBA Annual Convention will be held May 4-6 at the Embassy Suites in La Vista. View the agenda, speaker line-up and registration form at https://bit.ly/NBAConvention2022.


You can also check the list of registrants to make sure your name is included. Contact the NBA Education Center at 402-474-1555 or nbaeducation@nebankers.org with any questions.


Thanks to Our Co-sponsors & Exhibitors

A special thank you to our Convention co-sponsors and exhibitors. The NBA is excited to announce that our Trade Show is sold out! Please take time to visit the NBA Trade Show throughout the Convention!

Limited Hotel Rooms Still Available

The NBA room block has limited availability of rooms available at the Embassy Suites in La Vista.

Legislative, Policy & Regulatory Updates

NBA Legislative Update - April 15

SBA Provides Clarification on Maturing PPP Loans

The Small Business Administration (SBA) recently clarified that it is released from liability on its guarantee of a Paycheck Protection Program (PPP) loan if the lender has failed to request that the SBA purchase the guarantee within 180 days after maturity of the loan.


However, if the lender is conducting liquidation or debt collection litigation in connection with a loan that has matured - including where a forgiveness decision is pending within the SBA - the agency will not be released from its guarantee unless the lender fails to request that SBA purchase the guarantee within 180 days after the completion of the liquidation or debt collection litigation. If the SBA’s decision is to decline forgiveness or only partially forgive the loan, the lender will then have 180 days from the date of the forgiveness decision to request that the SBA honor the guaranty. For more information, contact ppp@aba.com.

Federal Reserve Vice Chair Nominated

On April 15, President Biden announced his intent to nominate Michael Barr to serve as Vice Chair for Supervision of the Federal Reserve. Currently, Barr is a law and public policy professor at the University of Michigan; he served in the Treasury Department during the Obama administration and was a chief negotiator during the drafting of the Dodd-Frank Act.

Read the Statement


ABA Seeks Feedback on CBDC Implications

As the Federal Reserve weighs the potential benefits, risks, design and policy considerations related to a central bank digital currency (CBDC), the American Bankers Association (ABA) is asking for banker feedback to inform its comment letter on the Fed’s CBDC discussion paper. Specifically, the ABA is seeking information on how the creation of a CBDC could affect bank deposits and credit supply. The deadline for the survey is this Friday, April 22.

Submit Feedback

Read the Fed Paper


OCC Releases Final Rule on SAR Exemptions

The Office of the Comptroller of the Currency (OCC) issued a final rule that modifies requirements for national banks and federal savings associations, including federal branches and agencies of foreign banks licensed or chartered by the OCC, to file suspicious activity reports (SARs). This change will let the OCC issue exemptions from SAR requirements on request from a financial institution.

Read the Rule

Upcoming Events



To see the complete event schedule, visit the NBA Event Calendar.

Banks & Bankers

April 13 - 19


Email your news, press releases, photos and/or newspaper articles to be published in Banks & Bankers. Send content to news@nebankers.org.

Register to Bid During the NBA BankPAC Silent Auction

The NBA BankPAC Silent Auction will be held on May 5 during the NBA Annual Convention, May 4-6 in La Vista. View the list of current donations here. Make sure you're registered to bid by next week - the Auction goes live on April 29!


If you have an item(s) to donate or have questions about the Silent Auction or BankPAC, please contact Jennifer Heaton at the NBA at jennifer.heaton@nebankers.org or 402-474-1555.

Teach Children to Save Day: April 28

Teach Children to Save Day is next week on April 28! The American Bankers Association (ABA) Foundation is celebrating 25 years of Teach Children to Save (TCTS) this year. It's a great way to promote financial literacy among youth. Find more information and resources here.

Preferred Vendor: Office Depot

NBA members can be part of the Office Depot National Group Purchasing Program. Contact Office Depot for a comparison of your most commonly purchased items at (888)-263-3423.


If you’d like to be added to the NBA program through Office Depot, make sure to mention that you are an NBA member. Additionally, Office Depot has a Furniture Program for workspace interiors and offers printing services and custom business forms.

April Coupons:

$15 off $100

$25 off $250

$50 off $350

Review Alliance

Did you know that the loan number should be documented on all Promissory Notes?

Read More

Compliance Alliance

Q: We have a designated disaster area close by and were wondering which activities in these areas would qualify for CRA Community Development?

Learn the Answer

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