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Emergency Capital Investment Program Payments Process Webinars (Treasury)

Summary

A U.S. Department of the Treasury notice of payments process webinars for the Emergency Capital Investment Program (ECIP). It says 121 ECIP participants will make their first interest and dividend payments to Treasury on June 17th, covering all institutions with closing dates by June 15, 2021, and strongly encourages them to attend. The sessions offer a refresher on how qualification for rate reduction is determined, show how to view the summary table in IMPACT, the ECIP Salesforce-based reporting platform, cover the communications participants will receive and their part in timely, accurate payments, give notice of penalties for late reporting of QSRs, and allow payment questions. Pre-registration is not required and the sessions are not recorded, but slides will be posted. Two sessions are listed, a Tuesday, April 30 and a Thursday, May 2.

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“Emergency Capital Investment Program Payments Process Webinars (Treasury).” Original at home.treasury.gov. Archived at Pandemic Darlings, https://pandemicdarlings.com/source-documents/emergency-capital-investment-program-payments-process-webinars-treasur-c8143c04e5/, SHA-256 e34266729d1fc676e0a857898f319c39ecddd88454001a1f351b632bcccb0bb6.

Full text

               Emergency Capital Investment Program
                   Payments Process Webinars

121 ECIP participants will be making their first interest and dividend payments to Treasury
on June 17th. This includes all institutions that had closing dates by June 15, 2021. For
institutions in this category, attendance at one of these sessions is strongly encouraged.

During this webinar you will:

   •    Receive a refresher on how qualification for rate reduction is determined.
   •    Learn how to view the summary table in IMPACT (the ECIP salesforce-based
        reporting platform) containing the data used to calculate rate reduction qualification.
   •    Hear about key communications you will receive and your part in making timely,
        accurate payments.
   •    Receive notification of penalties for late reporting of QSRs and limitation.
   •    Have an opportunity to ask payment related questions.

Pre-registration is not required. These sessions will not be recorded but slides will be
posted on the ECIP web page.


 Date                      Time                     Zoom Link

 Tuesday, April 30,        3:30PM - 4:30PM          Meeting URL:
 2024                      EST                      https://ustreasury.zoomgov.com/j/160
                                                    7252157
                                                    Meeting ID: 160 725 2157

 Thursday, May 2,          2:00PM - 3:00PM          Meeting URL:
 2024                      EST                      https://ustreasury.zoomgov.com/j/1601
                                                    880815
                                                    Meeting ID: 160 188 0815


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TREAS-Announcement-Regarding-ECIP-Payments-Process.pdf
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TREAS-Announcement-Regarding-ECIP-Payments-Process.pdf
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home.treasury.gov
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