Here at First State Bank, our values of being locally responsive, keeping a long-term horizon, focusing on our faith and family, helping our customers meet their objectives, and providing world-class service have never been more critical. Our objectives are not only an exercise in limiting business disruption, but of leadership in a time of need.
As information continuously changes on the current events happening, we have been taking many precautionary steps in response to COVID-19. From implementing guidance from the CDC to empowering a large portion of our staff to work from home. The goal of this effort is to make sure we have a dynamic and appropriate response to the risks caused from the virus.
For your convenience below are a list of resources that we hope may assist you. We are in this together, and if there is anything that we can do to assist you, please do not hesitate to contact us. As always, thank you for the opportunity to serve you.
We’re Open for Business
- Even though some of our branches have closed their lobbies and are drive-thru only, we are still available for your financial needs.
- If you aren’t already using digital services for your banking needs, now is a good time to start. We offer mobile apps and online services that allow you to pay bills, deposit checks, transfer money and more, all from the comfort of your home. Using these kinds of services may come in handy to minimize your exposure to others, or if you become sick.
- If you are a current First State bank customer experiencing financial hardship as a result of COVID-19, please email us at: firstname.lastname@example.org
- If you have a business that may benefit from applying for the US Small Business Administration’s (SBA) Economic Injury Disaster Loan Program there are resources for you. If you have any questions, please reach out to your loan officer.
- Business Guidance & Loan Resources: https://www.sba.gov/page/coronavirus-covid-19-small-business-guidance-loan-resources
- Apply Online: https://www.sba.gov/funding-programs/disaster-assistance
Watch Out for Scams
- Be aware and stay informed about how the scammers look to take advantage of times like these.
- Federal Trade Commission: https://www.consumer.ftc.gov/features/coronavirus-scams-what-ftc-doing
- Department of Justice: https://www.justice.gov/opa/pr/justice-department-files-its-first-enforcement-action-against-covid-19-fraud
- Homeland Security: https://www.us-cert.gov/ncas/current-activity/2020/03/06/defending-against-covid-19-cyber-scams
- Since 1933 the FDIC has insured people’s deposits and nobody has lost a cent. The safest place to deposit your money is in an FDIC-insured bank where it’s protected.
- Video: Deposit Insurance Coverage Overview: https://www.youtube.com/watch?v=i27z3VluaUo&feature=youtu.behttps://1statebank.org/2WDDEcL
- FDIC’s Electronic Deposit Insurance Estimator: https://edie.fdic.gov/index.html
- ICBA Offers Tips on FDIC Insurance During COVID-19: https://www.icba.org/news/news-details/2020/03/23/icba-offers-tips-on-fdic-insurance-during-covid-19-pandemic
If you’re interested in access to multi-million-dollar FDIC Insurance, First State Bank partners with CDARS to provide you coverage. If interested let us know.
- How CDARS Works: https://www.cdars.com/home/how-cdars-works
Ways to support local businesses during this time:
- Buy goods or services online.
- Buy gift cards.
- Order take out.
- Don’t go out if you’re sick.
- Order ahead to save time.
- Leave a Review on Yelp or Google.
- Use Contactless Payments, like Apple or Android Pay.