Internal Loan Audits: Why They Matter to Bank Customers
04/16/2021
"Internal loan audits give us a first-run review before the Federal Regulators come in for their reviews," says EVP and Chief Credit Officer Amy Lou Blunt. "This gives us an opportunity to learn and improve our own internal procedures. The audit ensures we comply with the thousands of regulations out there, that we're running the bank cost-effectively, and are providing shareholder value."
Read MoreLIBOR Transition: What You Need to Know
04/16/2021
While Republic Bank of Arizona has few loans tied to LIBOR, we want to keep you informed of the important changes coming, what they mean and how you can prepare for any impacts this phase-out may have on you or your business.
Read MoreNew PPP Rules Explained
03/04/2021
President Biden announced many modifications to the Paycheck Protection Program last month. On March 3, 2021, the Small Business Administration issued its Interim Final Rule which outlines the actual rules and procedures to implement these changes.
Read MoreDo You Have a Bank or a Banker?
02/26/2021
If you were asked, who's your banker, how would you respond? Would you respond with the name of a person? Or an institution? Your answer matters.
Read MorePPP Loan Applications for 2021: What You Need to Know
01/13/2021
While the PPP re-opened January 11, 2021, only a small number of select community development financial institutions were granted access to the SBA submission portal, so far. Banks have been instructed to watch for the portal updates that opens access to all. No specific dates have been provided, so we will continue to watch for the "gates to open." In the meantime, we are accepting applications for both First Draw Loan and Second Draw Loan applicants
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