TOPIC: Payroll

Is it Too Late to Automate? How to Get Started with PPP Lending | Blog

A fifth of the Paycheck Protection Program’s $349 billion in loans are already committed, less than five days after launching, but many small businesses are expressing frustration that their financial institution doesn't offer PPP loans. It's not too late to automate your lending process to get capital in the hands of small businesses quickly. Download our latest blog to learn how to get started with automation so you can be on your way to executing PPP loans and helping your community.

For more information on the CARES Act and the Paycheck Protection Program, visit our resource page. 

    I Can't Connect to E-Tran - What Now? | Blog and Resource Guide

    Friday’s launch of the SBA’s Paycheck Protection Program (PPP) was met with confusion, frustration, and glitches. The SBA application portal, E-Tran, has been the subject of many of those frustrations from lenders, due to a barrage of issues, from technical problems to login confusion. This blog provides some simple steps to help new lenders set up their CAFS account along with troubleshooting tips for current E-Tran users who can't access their account.

    Read now

    For more useful resources like this, visit our CARES Act and PPP Details resource page here.

      2020 Compensation Trends and Employee Benefits Survey

      We have partnered with the Blanchard Consulting Group and would like to invite you to participate in our 2020 Compensation Trends and Employee Benefits Survey. The survey covers recent trends in various compensation programs such as: annual incentive plan design and payouts, equity/long-term incentive programs, executive benefits including employment/change-in-control agreements, deferred compensation plans/supplemental executive retirement plans, perquisites and employee benefits surrounding 401K plans, tuition reimbursements, medical coverage, and more.  This survey will provide valuable market data on a wide variety of compensation related topics. Below is the pricing for the 2020 Compensation Trends and Employee Benefits Survey results (results will be provided via email in PDF format):                  - CBANC Member Participants: $150               - CBANC Member Non-participants: $300 In order to complete the survey, please click on the link below.  The deadline to submit is Friday, February 28th. If you would like to pre-order your copy of the survey or if you have any survey questions, please contact Laura Roth at or 612-886-1225. 

        Payroll services

        Person at a bank ($944MUSA)
        I am looking for any suggestions of 3rd party payroll services that you may currently offer at your Institution?  We have used Sage/PayChoice in the past but they were recently purchased by another company and I am not impressed so far with their services.  We would like to offer another solution but would love to hear your suggestions before I look any further.  Thanks in advance!

          Payroll card programs

          Manager at a bank ($1.9BUSA)

          Do you use a payroll card vendor and if so can you share feedback?

          • Would you recommend the vendor?
          • Is the function a referral out to the vendor or handled in-house?
          • If the business is referred to a 3rd party, do they have a minimum number of card required to work with the business or any other restrictions?
          • If the cards are handled in house, do requests come from the employee or the payroll department at the business?
          • Is the service a popular request from businesses or more of a one-off request?

            LO Basis Points/Commission - Credit Union

            Person at a credit_union ($555MUSA)

            Does anyone have an example of pay structure used for an LO @ a credit union?
            Fund $500,000.00, payout is .25 basis points
            Fund $750,000.00 pay out is .50 basis points

            Are you paying them a salary or commission only? Thank you, this will help determine comparability when posting for new positions.

              Payroll Policy

              Employee at a bank ($132MUSA)

              Does anyone have a payroll policy that they would be willing to share? Bonus points if the payroll processing is done by a third party. Thank you!