October 2022 - Pinion

The OCC Customer Assistance Group Address Has Changed

August 10, 2023October 28, 2022 by Pinion Editorial

Reading Time: < 1 minute

In case you missed the OCC Bulletin 2022-15 from May 9, 2022, the OCC updated the physical mailing address of the OCC’s Customer Assistance Group (CAG). If you are an OCC bank, make sure to update the address on your Adverse Action notices under the Equal Credit Opportunity notice. CAG …

Kansas Bankers Association March on D.C. Top Takeaways

August 10, 2023October 20, 2022 by Pinion Editorial

Reading Time: 4 minutes

This past September, the Kansas Bankers Association (KBA) leaders participated in a march on Washington, D.C. to advocate for the banking community. As a graduate of the KBA Bank Leaders of Kansas (BLOK) group, Pinion’s Heather Campbell joined the march and the week of meetings and discussions with various bank …

100% Bonus Depreciation: Important Changes Coming January 1, 2023

August 10, 2023October 20, 2022 by Pinion Editorial

Reading Time: < 1 minute

As we head into tax planning season, you need to be aware of important changes coming to bonus depreciation coming January 1, 2023. The Tax Cuts and Jobs Act (TCJA) has allowed banks to take 100% bonus depreciation on qualified property both acquired and placed in service after September 27, …

How to Define a Sustainability Plan for Your Biofuel Business

August 8, 2023October 11, 2022 by Pinion Editorial

Reading Time: 2 minutes

With companies biofuel business like BP, Exxon and Ford racing towards net-zero carbon emissions by 2050, producers are feeling the urgency of adopting their own sustainability goals and programs. Prioritizing a sustainability plan can also be profitable for producers – helping manage risk, capitalize on tax and regulation-based credits, and …

5 Things Producers Should Do Before Year-End

August 23, 2023October 7, 2022 by Pinion Editorial

Reading Time: 2 minutes

Once harvest begins, producers put non-urgent tasks naturally get pushed to the back burner. Crops need to be harvested, equipment needs to be kept in operation and days stretch longer while also getting shorter. But year-end planning will approach quickly and there are some key items every agribusiness should consider. …

Updated Cybersecurity Resource for Community Banks

August 10, 2023October 5, 2022 by Pinion Editorial

Reading Time: 3 minutes

It may not be the top item on your daily agenda, but tightening and maintaining security controls is imperative, and should be something you evaluate regularly. Just ahead of the annual ‘Cybersecurity Month’ reminder, the FFIEC released an update to their Cybersecurity Resource Guide for Financial Institutions with the purpose of …

Summary of California Drought Relief Grant Program

August 8, 2023October 4, 2022 by Pinion Editorial

Reading Time: 3 minutes

AB 157, signed into law by Gov. Newsom on September 27, 2022, includes the creation of the “California Small Agricultural Business Drought Relief Grant Program”, for qualified small agricultural businesses who are impacted by drought according to USDA data. The program has been funded with $75M, and may be funded …

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