In response to the national pandemic related to COVID-19, Congress passed the CARES Act which provides many relief measures including the Payroll Protection Program.  Below are helpful links to the CARES Act, the Payroll Protection Program and regulatory measures.

Text to H.R. 748, the CARES Act

Payroll Protection Program

Regulator Measures due to COVID-19

The South Carolina Bankers Association actively monitors and comments on proposed and new regulatory requirements. We strive to give our members a comprehensive review of regulatory requirements in order to ensure that our banks are meeting compliance deadlines and successfully managing their bank’s operations.

Members Only: To view previous Regulatory Reports, click here.