Affiliate Member COVID-19 Information
Arkatechture In addition to the support they are offering their current banking and financial institution clients, Arkatechture has also been selected to help with the infrastructure and data visualization for the Maine Center for Diseases Control and Prevention (CDC).  They’re also helping on the back-end to blend data both from traditional banking systems and publicly available COVID-19 data for cross-comparison analysis.  Some of the data visualization work includes: member/customer behavior analysis, member/customer impact analysis, and FI/CU/bank intervention analysis.  Check out their website.
Baker Newman Noyes In order to help their clients in these unprecedented times, BNN has assembled a COVID-19 Task Force to monitor developments and update their clients. They have established a COVID-19 Resource Center, and they are updating their clients through one-on-one virtual meetings, regular newsletter articles and webinars
Bankers Healthcare Group BHG has been utilizing technology for virtual updates and meetings for new bank partners. Since March 15th, they have hosted a quarterly earnings call and a virtual seminar (great for updated banks on BHG during this time). They have been hosting meetings via webinar for banks interested in learning more about BHG (loan growth via medical and other professional borrowers). They are also working on a participation loan with 5.75% rate to banks!  For more information, contact Meredith Crawford at mtcrawford@bhg-inc.com
BerryDunn BerryDunn has put together lots of information for the banking industry including a blog for bankers, resources for financial institutions, and federal/state resources for businesses and not-for-profits.
Career Management Associates Career Management Associates (CMA) is providing HR support during COVID-19 to assist their clients in the compliance and administration of new and existing State and Federal Laws that have impacted Maine’s workforce. With pandemic information overload and an abundance of employment law changes, their team has been focused on helping clients navigate the implementation and execution of The Families First Coronavirus Response Act, furloughs, layoffs, reduction of work hours, unique employee care situations, compliance, policy changes for remote work, and guidance/strategy for return to work. CMA continues to work with the Banking community in finding and retaining key talent, temporary staffing, and Executive Coaching for management during these unchartered business times. Please contact David Ciullo at dciullo@cmacareer.com or visit them online at www.cmacareer.com.
Cobblestone Management, LLC Not only is Cobblestone Management able to continue their services for their every day normal activities for Risk and Credit Consulting remotely, they are also assisting their clients with the SBA relief program.  They are providing additional Underwriting Services for the PPP applications.  Check out their website.
COCC Check out their COVID-19 Response page.
Eaton Peabody Summaries of the CARES and FFCVR Acts, L.D. 2167, the Governor’s Executive Orders and other relevant federal and state actions taken in response to COVID-19 are posted on Eaton Peabody’s website.  They are monitoring developments, updating  summaries as circumstances warrant and providing advice to assist in navigating these unchartered waters, including in the employment and creditors’ rights areas.  Eaton Peabody is also closing loans and preparing forbearance and loan modification agreements, and they have procedures in place to have documents notarized while maintaining safe social distancing.  Finally, they are providing weekly webinars on COVID-19 related topics such as PPP loans, EIDL and employment issues.
Federal Home Loan Bank of Boston FHLBB has made significant changes to our Jobs for New England (JNE) program to help members like you provide desperately-needed financial relief to small businesses impacted by the COVID-19 pandemic.  View the FAQs.
Finance Authority of Maine (FAME) FAME is working hard to process hundreds of COVID-related loan and loan insurance applications in partnership with Maine banks!  FAME is administering several new programs and providing many resources through their Resource Page that help Maine businesses, lenders, and families with financial challenges for these unprecedented times.
Goodwin Procter LLP Goodwin Procter has a COVID-19 resource page, as well as a Consumer Financial Services hub that tracks all the latest announcements from Federal & State Governments, Financial Institutions and Trade Associations.
ICBA Check out their Coronvirus Response & Updates page.
ICBA Securities ICBA Securities has an archive of webinars that addresses some of the issues.  They also have an article that explains a possible source of liquidity for community banks.  Their economists are charting the course of the virus and its impact NOTE – this is automatically updated with the latest charts and information
The Kafafian Group, Inc. TKG has been doing short banking videos since the beginning of the crisis to assist bankers on a number of issues. They can be accessed through their website, as well as social media including LinkedIn and YouTube. TKG has also continued their newsletter series which has included the PPP program, dealing with credit quality challenges, and planning for the current and next crisis. They were recently cited in a Forbes Fintech list of firms making offers to community banks during this pandemic. TKG is waiving the set-up fee for their outsourced profitability measurement service. This can save community banks between $10,000 and $50,000, depending on the asset size of the bank.
Luse Gorman 4/28/20 – Alert: Payment Protection Program
M & M Consulting, LLC M&M has been able to move regulatory compliance reviews, internal audits and commercial loan reviews offsite to ensure safety for our clients and employees while still enabling our banks to meet their regulatory audit and review requirements. They have been providing guidance to their current banking clients on implementing the Families First Coronavirus Response Act , guidance on the PPP, guidance on credit risk management during the pandemic, and have expanded their for fee, compliance Answer Person service to those non clients who would like to access the service to ensure they are able to respond promptly to any bankers’ compliance and internal control and commercial loan review concerns. M&M’s commercial loan review team has been analyzing client banks’ loan portfolios to identify at risk borrowers and critical industries to help banks’ credit departments in their credit risk management. They have also developed streamlined and risk based exams and reviews to ensure compliance is being met during these chaotic times. Check out their website.
NEACH Check out their COVID-19 Information page, which includes FAQs and how to handle EIP payments.
Pierce Atwood Pierce Atwood is doing a three-part banking webinar series in the month of May.
Smith & Wilkinson Much of Smith & Wilkinson’s efforts have been focused around creating helpful content at no cost, including both a Virtual Onboarding Guide for those banks that are trying to add mission-critical new hires to their teams remotely, as well as a Crisis Leadership Tool that was developed by their Master Coach, Vince Pelote.  They have offered pro bono Executive Coaching sessions to their existing Clients during this crisis.  Smith & Wilkinson has also been writing handwritten notes to their banker friends to thank them for the work that they are doing to support the businesses that keep our economy running.  Finally, they’ve remained very committed to supporting the overall community by donating to Full Plates Full Potential and some of their team have stepped up individually to take on volunteer roles with organizations such as Meals on Wheels.  For more information, check out their website or contact Cameron Boyd at cboyd@smithandwilkinson.com
Systems Engineering Check out their COVID-19 Resource Portal, which includes complimentary trainings.
USDA Rural Development NEW 6/3/20 – We invite you to join USDA Rural Development Maine State Director Timothy P. Hobbs, Business & Cooperative Programs Director Brian Wilson, and Business Programs Specialist Jay Fortier for an important Maine webinar on June 11 at 10 am to provide an overview of B&I CARES Act funding. Please feel free to share this invitation with anyone who may have an interest.

**RSVP to Emily Cannon, Public Information Officer, at emily.cannon@usda.gov.**

Webinar Link: https://globalmeetwebinar.webcasts.com/starthere.jsp?ei=1328162&tp_key=499e4a5267

Verrill Verrill has assembled a COVID-19 Resource Center to help clients navigate the current public health emergency. Verrill’s Banking & Financial Services Group stands ready to help banks address COVID-19 along with issues unique to banks, including bank regulation, commercial and small business lending, workouts, labor and employment, trusts, employee benefits, general litigation, and corporate governance.
Wolf & Company P.C. Wolf & Company and WolfPAC Solutions are here to answer your questions, listen to your concerns, and be a resource to help you navigate these uncertain times. In an effort to keep you apprised of the myriad issues the COVID-19 pandemic is presenting to you and your business, they’ve created the Wolf COVID-19 Resource Center that we invite you to explore.

NEW 5/27/20 – Wolf & Company has created a PPP Loan Forgiveness Advisory Service to offer key guidance and support to your members and their borrowers as they work through SBA PPP loan forgiveness. You can learn more about this service by clicking here. For more information on the service, please contact Andrew Billeter at abilleter@wolfandco.com or 413-726-6875.

NEW 6/2/20 – In an effort to provide timely and relevant information related to the COVID-19 pandemic and the resulting CARES Act legislation, Wolf & Company is hosting a webinar this Thursday, June 4 at 2 p.m. about the new guidance around PPP loan forgiveness for lenders and borrowers. Here is the registration link: https://wolfandco.zoom.us/webinar/register/WN_-Hqcfs6zSsiRe_YeI-kyiQ

NEW 8/6/20 – As banks have adapted to remote environments over the last several months due to the COVID-19 pandemic, many questions have been raised around potential changes to reporting processes. In this new article, our experts have compiled a comprehensive Q&A detailing how to manage your internal controls over financial reporting in the post-COVID-19 environment, changes in the process, and how employees can effectively manage their ICFR responsibilities remotely.  Here is the article: https://www.wolfandco.com/insight/internal-controls-over-financial-reporting-post-covid-19