Nathan Haynes

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So far Nathan Haynes has created 12 blog entries.

The COVID-19 Impact on Investments for Governments

Since the outbreak of the COVID-19 virus, global equity markets have seen significant declines with the S&P 500 down over 30% from all-time highs in February. In addition, the bond market has seen muted gain. This market is typically non-correlated with stocks and, when used effectively, can diversify an investment portfolio. Experts are projecting that [...]

2020-04-13T14:14:13-05:00April 10th, 2020|COVID-19, GOVERNMENTS|

Community Bank Checklist for COVID-19

Community banks face many challenges during the COVID-19 pandemic. Bankers should evaluate current functions and activities throughout this uncertain time. Below you can find CRI's community bank COVID-19 checklist, by functional area, to be used as a resource to assist in this evaluation process. General Ensure effective communications are ongoing with bank customers and employees [...]

2021-06-18T07:39:19-05:00March 31st, 2020|COVID-19, FINANCIAL INSTITUTIONS|

Critical Questions for Nonprofit Governance During COVID-19 Pandemic

During the COVID-19 pandemic, information is changing daily, even hourly. While management is managing the day-to-day activities, the Board of Directors also has a key role in oversight, and its fiduciary duties do not stop. In its oversight, the Board must monitor management activities, make assessments as to whether management actions are appropriate, and provide any [...]

2020-03-30T23:08:06-05:00March 30th, 2020|COVID-19, NOT-FOR-PROFITS|

COVID-19 Filing Relief for Employee Benefit Plans

The AICPA's Employee Benefit Audit Quality Center (EBPAQC) recently released an alert providing an update on COVID-19 (Coronavirus) filing relief for employee benefit plans. A summary of the employee benefit plans filing relief is below: Form 5500 filings  The IRS has not yet issued a notice of tax filing relief for employee benefit plans, but [...]

2020-03-31T11:20:15-05:00March 30th, 2020|COVID-19, EMPLOYEE BENEFIT PLANS|

Maintaining Financial Controls in a Disrupted Remote Work Environment

The recent outbreak of the COVID-19 virus has created a scenario that has required most local governments to instruct many of their employees to work remotely. This is unchartered territory in an environment that is evolving daily, and most established policies, procedures, and controls were not designed to operate in this scenario. With many members [...]

2020-03-30T14:09:23-05:00March 30th, 2020|COVID-19, DISASTER RECOVERY, GOVERNMENTS|

Long-Term Care Facilities COVID-19 Preparation

Since the first nursing home case in Kirkland, Washington, 147 skilled nursing facilities in 27 states have at least one resident with COVID-19, according to data recently released by the Centers for Medicare and Medicaid Services (CMS). While every year seems to bring challenges for the providers to care for their residents, COVID-19 has quickly [...]

2020-03-27T16:47:45-05:00March 27th, 2020|COVID-19, HEALTHCARE|

Insurance Policyholder Considerations for COVID-19

The effects of the COVID-19 virus are only beginning to be felt within our communities and across the nation. Both business leaders and employees are looking for answers to difficult questions as we work to control both the spread of the virus and the economic effects after its curtailment, resulting in significant insurance policyholder considerations [...]

Best Practices for Non-Acute Care Entities During COVID-19 Disruption

The effects of COVID-19 have been widespread, devastating, and extremely rapid across the global economy. One of the most affected segments is healthcare. While acute care facilities (hospitals, skilled nursing, etc.) are required to deal with tremendous volume, despite lack of staffing and resources, the remainder of the healthcare spectrum, namely non-acute care providers, are often [...]

2020-03-26T01:19:57-05:00March 26th, 2020|COVID-19, HEALTHCARE|

Proposed Healthcare Economic Relief for Rural Facilities and Providers

Three members of the US Senate (two Democrats and one Republican) have recently proposed the Immediate Relief for Rural Facilities and Providers Act. This is primarily a hospital event. While simply a proposal, it is important to understand the provisions, as some (or all) of these measures may eventually make their way into law, in some [...]

2020-03-25T04:06:25-05:00March 24th, 2020|COVID-19, HEALTHCARE|

Phase 3 Stimulus Bill Provisions for Healthcare

Updated March 26, 2020 Congress has passed the Phase 3 Stimulus Bill, which is unprecedented in recent years in terms of the dollars to be expended and the scope of the legislation. The following are a few key provisions of the bill that are relevant to healthcare providers. All Healthcare Providers: Elimination of the 2% [...]

2020-03-26T17:45:05-05:00March 23rd, 2020|COVID-19, HEALTHCARE|

COVID-19: Loan Modification Considerations for Financial Institutions and Their Customers

The Board of Governors of the Federal Reserve System (FRB), Federal Deposit Insurance Corporation (FDIC), National Credit Union Administration (NCUA), Office of the Comptroller of the Currency (OCC), Consumer Financial Protection Bureau (CFPB) and Conference of State Bank Supervisors (from now on referred to as the Agencies) have issued the Interagency Statement on Loan Modifications [...]

2020-03-24T12:03:03-05:00March 23rd, 2020|CECL, COVID-19, FINANCIAL INSTITUTIONS|

COVID-19 Updates and Resources Available Now

Clients and Friends, To start, we hope that you and your family are healthy and doing well. These are challenging and unpredictable times for us all. As mentioned in our previous communication, the safety and health of our partners, staff, clients, families, and the communities in which we live and work are and will always [...]

2020-03-25T13:16:32-05:00March 18th, 2020|COVID-19|