Welcome to the Washington Bankers Association Blog. Here you will find content we think is interesting, relevant, and meaningful for our members. If you have content you'd like to see shared here, please email info@wabankers.com.

Issues & Answers May Edition

Catch up with the latest WBA news in the newest edition of Issues & Answers magazine.

A Solemn Farewell to Reg. D’s Convenient Transfer Restrictions

Effective April 24, 2020 the Federal Reserve Board (FRB) did away with a longstanding, and, in the opinion of some, outdated rule in Regulation D. The Interim Final Rule amended Reg. D by deleting the six convenient transfers and withdrawals restriction t

CARES Act Forbearance: What You Need to Know

Specifically, under the Coronavirus Aid, Relief, and Economic Security (CARES) Act signed into law on March 27th, 2020, borrowers with federally backed mortgage loans experiencing financial hardship due directly or indirectly to the COVID-19 emergency may

Issues & Answers April Edition

Catch up with the latest WBA news in the newest edition of Issues & Answers magazine.

Seize the Opportunity SECURE-Related Tax Credit Changes Bring Small Employers

As you are well aware, the Further Consolidated Appropriations Act that included the SECURE Act was passed into law in December 2019, with many components taking effect as of January 1, 2020. Key components included the ability for qualifying individuals