A government shutdown will have no direct impact on our bank’s operations. We are open for business and fully functioning no matter what is happening in the nation’s capital.

• This is an ongoing issue over spending within the federal government that does not directly affect our institution.
• While we are monitoring the situation, our bank and the broader banking sector are strong, and your FDIC-insured deposits are still fully protected and readily available.
• Regardless of what is happening in Washington, you can rest assured that the banking system is safe and your deposits will be there when you need them. Customers’ deposits are protected by FDIC insurance. In the more than 90-year history of the FDIC, no one has ever lost a penny of an insured deposit.
• While our bank is not directly affected by the shutdown, the Small Business Administration, Federal Housing Administration, the Department of Agriculture and other agencies with lending programs funded by the federal government could be impacted. That means loans requiring those offices’ approval may not be processed while the shutdown is in effect. In addition, verification resources from certain government agencies, such as tax transcripts from the IRS, may not be available which could delay mortgage loan approvals.
• While the National Flood Insurance Program is a federal program that relies on congressional authorization, loans that require flood insurance can still close during a lapse in the NFIP, either by following certain NFIP and regulatory guidelines (FDIC, OCC, and FRB) and ensuring that a system is in place to obtain NFIP policies as soon as the program is reauthorized, or by obtaining private flood insurance. NFIP payments could still be delayed by a shutdown.
• We will work with our customers to make the shutdown as seamless as possible.