News

Fee Resumption Begins June 22, 2020

FEE RESUMPTION

Please be advised that the 90-day waiver of various miscellaneous fees extended to account holders due to the COVID-19 pandemic is set to expire on Sunday, June 21st.

Effective Monday, June 22nd, you will once again be responsible for any previously disclosed fees incurred on your accounts.

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Paycheck Protection Program: Program Overview

SMALL BUSINESS PAYCHECK PROTECTION PROGRAM

The Paycheck Protection Program provides small businesses with funds to pay up to 8 weeks of payroll costs including benefits. Funds can also be used to pay interest on mortgages, rent, and utilities.

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Paycheck Protection Program: Program Fact Sheet

PAYCHECK PROTECTION PROGRAM (PPP) INFORMATION SHEET: BORROWERS

The Paycheck Protection Program (“PPP”) authorizes up to $349 billion in forgivable loans to small businesses to pay their employees during the COVID-19 crisis. All loan terms will be the same for everyone.

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FDIC: Insured Bank Deposits are Safe; Beware of Potential Scams Using the Agency's Name

In light of recent developments related to the coronavirus, the Federal Deposit Insurance Corporation (FDIC) is reminding Americans that FDIC-insured banks remain the safest place to keep their money. The FDIC is also warning consumers of recent scams where imposters are pretending to be agency representatives to perpetrate fraudulent schemes.

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Adirondack Bank Announces Loan, Mortgage, and Fee Relief Program

Due to the devastation and hardships caused by the COVID-19 pandemic, Adirondack Bank will be rolling out new financial relief measures to aid people, businesses, and communities throughout the Central and Northern New York regions served.

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