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Lockdowns, PPP, Citi's historic move: The year in banking (Part 1)

American Banker

Under normal circumstances, this would be the time of year when we would be showcasing our selections for Banker of the Year, Community Bankers of the Year and Lifetime Achievement.

But 2020 was disruptive in a profound and pervasive way, so we’re taking a break from tradition to reflect on the year that was, particularly how the industry responded to the coronavirus outbreak and the protests over racial equality. Rather than honor the achievements of a few individuals, we wanted to recognize the regulatory agencies, banks, credit unions and individuals who stepped up to help households and businesses weather the economic shocks of the pandemic and took meaningful action to help close the racial wealth gap.


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