Today, the American Financial Services Association joined with other trade associations on a comment letter to Congressional leaders in support of the SECURE Notarization Act. If enacted, this legislation would expand the usage of Remote Online Notarizations (RONs) nationally. RONs are type of electronic notarization that allows for the notarization process to completed with the notary and signer in different physical locations.

The American Financial Services Association (AFSA), couldn’t help but notice today’s inter-agency notice, in which the Federal Reserve, Federal Deposit Insurance Corporation, National Credit Union Administration, Office of the Comptroller of the Currency, and the Consumer Financial Protection Bureau encouraged financial institutions to expand their consumer lending.

Earlier in March, RSM pledged more than $2.6 million to support its employees and local communities through the COVID-19 pandemic.

Late last night, the Senate agreed to the third coronavirus stimulus package. Media coverage on the bill is comprehensive, but here’s what we think you need to know:

Wells Fargo & Company on March 20 announced additional comprehensive steps to help customers, communities and employees grappling with the impact of COVID-19. The company has suspended residential property foreclosure sales, evictions and involuntary auto repossessions. Additionally, the Wells Fargo Foundation will increase its charitable donations to $175 million to help address food, shelter, small business and housing stability, as well as to provide help to public health organizations.

The American Financial Services Association (AFSA) yesterday, March 24, asked in a comment letter to congressional leadership that they include CECL relief for depository and non-depository financial institutions in any relief package.

Across the country, AFSA member companies are working to ensure the customers and neighbors have access to credit in this time of financial insecurity. That's why our industry is one of the identified 16 critical infrastructure sectors by the Department of Homeland Security and its Cybersecurity and Infrastructure Security Agency (CISA).

When America has needed to flex its industrial and economic muscles to meet a challenge, her great companies have been there to help.

During this time of uncertainty, the American Financial Services Association and its member companies are doing their best to help consumers maintain their financial security and flexibility, while also continuing to support the communities where our members live and work. In this unprecedented moment, it is important for us to provide help where we can and to look for ways to perhaps do a bit more.

Below are some ways AFSA members are responding to the coronavirus crisis capturing the Globe's attention now. Our members have been fixtures in their communities for over 100 years, and when you see the responses you will know why: