Tips, Trends, and Tidbits
The CARES Act and the Paycheck Protection Program (PPP)
Germantown Trust & Savings Bank, a federally insured depository institution, is participating in the Paycheck Protection Program (PPP), an SBA loan that helps businesses keep their workforce employed during the Coronavirus (COVID-19) crisis.
We will be taking loan applications as soon as April 3, 2020. We will continue to update this page as we receive information from the US Treasury, Small Business Administration and our regulators. For more information on both, please follow the links below.
Letter from the President
Over the past several weeks, we’ve all sat back and watched with uncertainty as the events of the COVID-19 Pandemic have continued to unfold. As the pandemic and subsequent guidance continues to evolve, we are left to navigate this new, ever-changing, and hopefully short-lived “normal” that has been thrust upon us. What we used to take for granted, may no longer be. However, through it all, one fact holds true; we will get through this together, as a community and a country!
We are here for you. As an “Essential Business”, GTSB will remain open our normal banking hours throughout the “Shelter in Place” order and long after. With that being said, temporary precautions have been put into place to ensure the health and safety of our employees, customers, and our community, as this is our highest priority.
Effective Thursday, March 19, 2020 and until further notice, Germantown Trust & Savings Bank customers will have limited access to the lobby of our facilities in Bartelso, Beckemeyer, Breese, and Germantown.
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