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Covid-19 Resources

Home Covid-19 Resources

COVID-19 Resource Center

We know that our communities are not immune to the personal and financial challenges caused by COVID-19. Many are facing unanticipated financial hardships. We’re here to stand with our customers through these trying times just as we’ve done for more than 125 years.

With information changing at such a rapid pace, we encourage you to regularly check back to our COVID-19 Resource Center webpage for the latest information.

For Individuals

Freddie Mac Mortgage Assistance

Whether you're facing job loss, reduced income, illness or other issues that impact your ability to make your monthly Freddie Mac mortgage payment, we're working to ensure that you are protected. Your relief options may include:

  • Ensuring payment relief by forbearance for up to 12 months
  • Waiving assessments of penalties or late fees
  • Halting all foreclosure sales and evictions of borrowers living in homes owned by Freddie Mac until at least June 30, 2021
  • Suspending reporting to credit bureaus of past-due payments of borrowers who are in a forbearance plan as a result of hardships attributable to this national emergency
  • Offering loan modification options to provide mortgage payment relief or keep those payments the same after the forbearance period
  • Extended payment deferral effective July 1, 2020(Click here to learn more)

Economic Impact Payment

Visit the Economic Impact Payment Information Center for answers to frequently asked questions. Click here to check on the status of your stimulus check. 

Other Assistance

If you find yourself in a challenging financial situation as a result of the COVID-19 pandemic, don't hesitate to reach out to us. Our staff is ready and willing to provide assistance where we can. Contact your lender or personal banker to learn about your options, including the suspension of late fees on loans, loan payment extensions and other forms of loan relief.

For Businesses

Paycheck Protection Program

The Paycheck Protection Program (PPP) is a federal loan program through the U.S. Small Business Administration (SBA) that is aimed at helping small businesses, who have been impacted by COVID-19, to retain their workforce. As an SBA Lender, you can make application for this program through us.

Click here to learn more about the Paycheck Protection Program. Contact your commercial lender if you have questions or would like to make application for the program.

EIDL Targeted Advance

The COVID-19 Targeted EIDL Advance was signed into law on December 27, 2020, as part of the Economic Aid to Hard-Hit Small Businesses, Non-Profits, and Venues Act. The Targeted EIDL Advance provides businesses located in low-income communities with additional funds to ensure small business continuity, adaptation, and resiliency.

Advance funds of up to $10,000 will be available to applicants located in low-income communities who previously received an EIDL Advance for less than $10,000, or those who applied but received no funds due to lack of available program funding.

Applicants do not need to take any action at this time.
SBA will reach out to those who qualify.

To learn more about the EIDL Targeted advance program click here.