Department of Banking's Response to Coronavirus (COVID–19)

The Texas Department of Banking is working to provide you with the latest information to protect you from Coronavirus (COVID-19). Below are measures that we have found will be helpful while we work through this difficult Time

Information from the Governor

• March 25, 2020: Governor Abbott Announces Approval Of Major Disaster Declaration
• March 20, 2020: Governor Abbott Announces Approval Of Emergency Designation For Small Business Disaster Loans From U.S. Small Business Administration
• March 20, 2020: Governor Abbott Issues Statement On Texas Supreme Court Temporary Suspension Of Residential Eviction Proceedings
• March 19, 2020: Governor Abbott Issues Executive Orders In Accordance With Federal Guidelines To Mitigate Spread Of COVID-19 In Texas

Resources

• Department of Banking

  • March 24, 2020: IBAT Industry Update with guest speaker Commissioner Charles G. Cooper
  • March 20, 2020: COVID-19 Update for State Chartered Banks with Commissioner Charles G. Cooper
     

• Finance Commission

  • April 1, 2020: Joint Financial Regulatory Agencies’ Guidance on emergency measures for home equity lenders to consider in response to the Novel Coronavirus (COVID-19)

• U.S. Treasury

  • March 30, 2020: Readout of Call of the Task Force on Nonbank Mortgage Liquidity
     

• FDIC

  • March 22, 2020: Interagency Statement on Loan Modifications by Financial Institutions Working with Customers Affected by the Coronavirus
  • March 19, 2020: FDIC - Frequently Asked Questions For Financial Institutions and Consumers Affected by the Coronavirus
     

• CSBS

  • Conference of State Bank Supervisors (CSBS)  COVID-19 Response
  • CSBS COVID - 19 Consumer Resources
  • CSBS Consumer Protection Guidance
  • March 23, 2020: Simply Stated Podcast COVID - 19 Financial System Update

• Additional COVID-19 Agency Responses

  • Compliance Alliance Pandemic Planning for Banks
  • Consumer Financial Protection Bureau
  • Department of the Treasury
  • Federal Deposit Insurance Corporation
  • FFIEC Reports of Condition and Income Filing Deadline Extension
  • Federal Reserve Board
  • Freddie Mac
  • Nationwide Multistate Licensing System (NMLS) COVID-19 Updates
  • Small Business Association
  • Texas Bankers Association COVID-19 Update
  • U.S. Department of Agriculture
  • U.S. Department of Veterans Affairs

Proclamations

• March 16, 2020: Proclamation Texas State-Chartered Banks for the Coronavirus

Press Releases

• March 26, 2020: CSBS - Texas Banking Commissioner and State Banking FSOC Member Charles Cooper Statement
• March 16, 2020: Department Issues Proclamation to Texas State-Chartered Banks for the Coronavirus

Industry Notices

• April 1, 2020: Trust Company Call Report and Certification of Exempt Status
• March 30, 2020: Business Continuity Planning Considerations – COVID-19
• March 23, 2020: Treasury Memo Designates Financial Services Sector Essential Critical Infrastructure Workers
• March 16, 2020: Texas Department of Banking Provides Support and Guidance for Coronavirus Disease 2019 (COVID – 19)