Coronavirus (COVID-19) Client Update

As of 4/3/2020

 

Dear Meadows Bank Clients,

We are here to support you during the COVID-19 (Coronavirus) pandemic crisis. We are monitoring and following all CDC and health department prevention recommendations. Please take appropriate precautions to keep you and your family safe.

Due to ongoing efforts to limit the spread of the Coronavirus, until further notice we have modified our branch hours to 9:00am to 4:00pm daily. We will also keep the lobby and front doors locked to control customer access to the branch to comply with social distancing. One of our branch staff will be monitoring the doors and will allow client access when we can accommodate you in the branch.

Meadows Bank is continually monitoring the actions of the Small Business Administration and other authorities that will be providing additional resources to help businesses weather this current health crisis and its impact on their operations. To any of our clients who have been impacted by the COVID-19 pandemic, please reach out to your Meadows Bank loan officer to discuss your challenges and available options.

SBA COVID-19 Loan Programs Click to access additional information on the two primary programs that you may want to consider to assist your businesses affected by COVID-19.

The FDIC is working with federal and state banking agencies, as well as, financial institutions to consider all reasonable and prudent steps to assist customers in communities affected by the Coronavirus (COVID-19). In addition, the agency is monitoring information issued by international and U.S. health organizations. Regulatory agencies have encouraged financial institutions to work with customers impacted by the coronavirus. Customers experiencing difficulties beyond their control should work directly with their financial institutions.

Frequently Asked Questions for those Impacted by Coronavirus Disease 2019 (COVID-19):
For Bank Customers - Updated March 20, 2020
 

As you know, we are a well-capitalized and profitable bank with a clean balance sheet and good liquidity. Your deposits are insured to the maximum limit by the FDIC and you will continue to have access to your accounts through our online and mobile systems as well as at any of our branches. If you are not already set up with Online or Mobile Remote Deposit Capture, please contact our e-banking team by phone at 702.471.BANK (2265) or email us at hereforyou@meadowsbank.com and we will get you set up with this service.

Thank you for your understanding during these unprecedented times.


Stay safe and healthy.

 

Arvind Menon

Chief Executive Officer