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TBA Urges Support For Senate Bill to Simplify PPP Forgiveness

6/30/2020
Today TBA applauded the bipartisan introduction of the Paycheck Protection Small Business Forgiveness Act in the U.S. Senate. If approved, the legislation would forgive PPP small business loans of $150,000 and under with a simple 1-page attestation.

Regulators Release Revisions to Flood Insurance Q&A

6/26/2020
Five federal regulatory agencies today requested public comment on new and revised Interagency Questions and Answers Regarding Flood Insurance, which provide information addressing technical flood insurance-related compliance issues.

FFIEC Announces Availability of 2019 Mortgage Lending Data

6/24/2020
The Federal Financial Institutions Examination Council (FFIEC) today announced the availability of data on 2019 mortgage lending transactions at 5,508 U.S. financial institutions covered by the Home Mortgage Disclosure Act (HMDA).

Regulators Issue Examiner Guidance During COVID-19

6/23/2020
The four federal agencies in conjunction with the state bank and credit union regulators today issued examiner guidance to promote consistency and flexibility in the supervision and examination of financial institutions affected by COVID-19.

UPDATE

Given the current health concerns and unknown future environment, TBA has made the decision not to conduct our Wealth Management and Trust Annual Conference scheduled for next month (April 29 – May 1). At this point in time, it is our intention to reschedule the Conference for later this year and we have been working very closely with the Westin Galleria to create a new plan for the Conference. As soon as we are able to do so, we will notify you of the confirmed dates for the Annual Conference. In the meantime, please know that TBA and your Wealth Management & Trust Division are still open for business – we are just doing business a little differently – so please do not hesitate to reach out to us if there is anything with which we may assist you.

Upcoming Events

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July 26 2020
Virtual Texas Trust School 07/26/2020 Our widely recognized annual school provides an introduction to all facets of trust. The program will establish a foundation of the functional areas of trust; provide requirements of state and federal law; identify key considerations for estate planning and the management of tax issues; and offer insight for all areas of asset management. The Texas Trust School has been developed for trust personnel who are new to the business from college, law school, commercial banking and other business activities.

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Questions: Contact at (512) 472-7391.

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July 26 2020
Virtual Texas Graduate Trust School 07/26/2020 Our Graduate Trust School is a comprehensive, intermediate course designed to provide formerTrust School students and other trust professionals with a logical next step in their professional development. It also provides quality education and valuable continuing education on a range of fiduciary issues including account administration, fiduciary law, tax and estate planning, investment management and leadership preparedness. The curriculum reflects a broad spectrum of topics consistent with CTFA methodology.

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Questions: Contact at (512) 472-7391.

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