We're committed to keeping you informed so that you can take necessary precautions to secure your accounts and personal information.
We're committed to keeping you informed so that you can take necessary precautions to secure your accounts and personal information.
Coronavirus (COVID-19) Update: Economic Impact "Stimulus" Payments
As you've probably heard, the federal government's Coronavirus economic relief package includes Economic Impact Payments -- more commonly referred to as stimulus payments to most taxpayers.
In these unprecedented times, bankHometown is here to serve your small business lending needs.
To help you better understand and comply with the rules and requirements of your Paycheck Protection Program (PPP) loan, we are sharing information from the U.S. Treasury and other resources.
I hope this letter finds you healthy and safe. When the Coronavirus first reached our shores a few months ago, I don’t think any of us fully imagined the impact it would have on our everyday lives. We’re heartbroken for the family and friends directly affected by COVID-19. We’re adjusting to social distancing and seeing familiar faces behind masks and plexiglass. And we’re applauding the essential workers helping us through it all.
From FDIC Consumer News: Protect yourself against imposters. The Federal Deposit Insurance Corporation (FDIC) has received reports of fraudulent communications that have the appearance of being from this agency. Fraudsters know that people trust the FDIC name, so scammers use the FDIC’s name and logo, and even the names of actual employees, in perpetrating fraudulent schemes.
OXFORD, MASS. —bankHometown recently pledged $15,000 in support of the YWCA Central Massachusetts’ $7.5 million capital campaign to renovate its Salem Square facilities.
Since 1889, bankHometown has supported its customers and communities during times of prosperity and optimism and through times of hardship and doubt. Through it all, bankHometown has been dedicated to ensuring the health, safety, and well-being of our customers, employees, and members of the community. That is why we continue to monitor the developments and potential impact of the Coronavirus (COVID-19) pandemic.
Effective March 17, 2020, The Co-operative Central Bank (CCB) and its Share Insurance Fund (SIF) merged into the Depositors Insurance Fund (DIF). As a result, bankHometown has become a member of the DIF.
Rest assured that your deposits with bankHometown will continue to be insured in full. Each depositor is insured to at least $250,000 by the FDIC. Effective March 17, all deposits above the FDIC limit are insured by the DIF.
The DIF has a long history of protecting deposits. Since 1934, when the DIF was created, no depositor has lost a penny in a member bank.
Start to implement the following best practices so you can avoid or minimize fraud exposure.
