Like all of us, the Bonadio Financial Institutions Team has been constantly monitoring the news and developments related to COVID-19 and the impact it has had on financial institutions. Your focus remains on your customers, members, and clients – while thinking about the impacts the Payroll Protection Program has had on your institution and customers, as well how the pandemic has influenced loan modifications, and your internal controls and operations. We want you to know we’re here to help whether it’s a phone call to discuss and consult on the above, or if you need us as a partner to provide services.
There is a lot to think about. We’ve developed a menu of resources to help your institution through this challenging time. To learn more, click here.
The information and advice we are providing for this matter relates to COVID-19 legislative relief measures. Because legislative efforts are still ongoing, we expect that there may be additional guidance and clarification from regulators that could modify some of the advice and information provided to you, after the conclusion of our engagement. We, therefore, make no warranties, expressed or implied, on the services provided hereunder.