COVID-19 Preparedness – Update

March 20, 2020

March 30, 2020 – Update to the COVID-19

As previously communicated, Liberty Bank is actively monitoring and responding to the outbreak.

ALERT! Scammers are taking advantage of fears surrounding the coronavirus, from fake CDC emails, Phishing emails, counterfeit treatments or equipment. The Federal Trade Commission and FDIC have established websites with helpful information to help consumers avoid COVID-19 related scams.  We have these website links available to you under News & Resources on our website www.libertybaybank.com.

Liberty Bank remains vigilant in practicing the recommended safeguards against the Coronavirus, with our staff and customers. Our lobby will remain closed to the public, the week of March 30, 2020.  We will continue to have staff on site and remain committed and ready to serve customers.

We encourage our customers to utilize electronic banking methods, including online banking, Cash Management, Remote Deposit Capture, mobile app, and depositing checks using mobile deposit capture.  Remember that you can use any ATM to get cash, with no charge from us.

We sincerely thank you for your support and partnership as we face these challenges together and hope you and your family remain safe and protected from COVID-19.

LB Staff

March 20, 2020 – Update to the COVID-19

As the global impact of the COVID-19 continues to rise, our thoughts are with our employees, customers and community during this unprecedented time.  We hope you all remain safe and stay strong.  We’re all in this together.

Here at Liberty Bank, our top priority is the health and well-being of our employees and customers.  We continue to monitor federal, state and local advisories and have implemented strict precautionary measures to help keep our branch and office staff safe. 

Our lobby will remain closed to the public, the week of March 23, 2020.  We will continue to have staff on site and remain committed and ready to serve customers.

We encourage our customers to utilize electronic banking methods, including online banking, Cash Management, Remote Deposit Capture, mobile app, and depositing checks using mobile deposit capture.  Remember that you can use any ATM to get cash, with no charge from us.

During this time of great uncertainty, we would like to encourage everyone to support each other.  Stay safe, remain positive, and be well.

Thank you for your loyalty, We’re here for you!

Sincerely,

LB Staff

March 16, 2020 – Update to the COVID-19.

We want to update you on our measures to keep our staff, customers, and community safe and healthy. 

Liberty Bank is taking precautionary measures to safeguard you and the communities we serve.  Our team is preparing to have some staff members work remotely.  To minimize human to human contact and further protect against the spread of the virus, we will close our lobby to the public, starting March 17, 2020.

There will still be staff on site to assist you through the Drive-up, the Night Drop (located inside the first double doors) and on the phone.

We encourage our customers to utilize electronic banking methods, including Online Banking, Cash Management, Remote Deposit Capture, Mobile App, and depositing checks using Mobile Deposit Capture.  Remember that you can use any ATM to get cash, with no charge from us.

At this time, we are keeping normal business hours, it’s only our lobby that is closed. 

The welfare of our customers and staff is of utmost importance to us.  Kitsap Public Health recommends all community members take steps to prevent the spread of COVID-19 and other respiratory illnesses:

  • Wash your hands frequently, use alcohol-based hand sanitizer that contains at least 60% alcohol if soap and water are not available.
  • Avoid touching your face, eyes, nose or mouth with unwashed hands.
  • Cover your mouth and nose with tissue when you cough or sneeze, then throw the tissue in the trash and wash your hands.
  • Avoid close contact with people who are sick.
  • Stay home when you or a family member is sick.
  • Clean and disinfect objects and surfaces.
  • Follow recommendations from your local health department.

For more information and the full list of recommendations from the CDC, please see the Centers for Disease Control (CDC) guidelines or refer to the links below:

https://kitsappublichealth.org/

https://www.cdc.gov/

https://www.governor.wa.gov/

https://www.who.int/

If you have any questions about your accounts, you can send us an email at customerservice@libertybaybank.com or call us during normal business hours at 360-779-4567.

We apologize for this inconvenience but appreciate your understanding that our top priority remains the health and safety of our communities.

SBA To Provide Small Businesses Impacted by Coronavirus (COVID-19) Up to $2 Million in Disaster Assistance Loans

Disaster Loan Assistance: https://disasterloan.sba.gov/ela/

WASHINGTON – SBA Administrator Jovita Carranza issued the following statement today in response to the President’s address to the nation:

“The President took bold, decisive action to make our 30 million small businesses more resilient to Coronavirus-related economic disruptions. Small businesses are vital economic engines in every community and state, and they have helped make our economy the strongest in the world. Our Agency will work directly with state Governors to provide targeted, low-interest disaster recovery loans to small businesses that have been severely impacted by the situation. Additionally, the SBA continues to assist small businesses with counseling and navigating their own preparedness plans through our network of 68 District Offices and numerous Resource Partners located around the country. The SBA will continue to provide every small business with the most effective and customer-focused response possible during these times of uncertainty.”

Process for Accessing SBA’s Coronavirus (COVID-19) Disaster Relief Lending

  • TheU.S. Small Business Administration is offeringdesignated states and territorieslow-interestfederal disaster loans for working capital to small businesses suffering substantial economic injury as a result of the Coronavirus (COVID-19). Upon a request received from a state’s or territory’s Governor, SBA will issue under its own authority, as provided by the Coronavirus Preparedness and Response Supplemental Appropriations Act that was recently signed by the President, an Economic Injury Disaster Loan declaration.
  • Any such Economic Injury Disaster Loan assistance declaration issued by the SBA makes loans available to small businesses and private, non-profit organizations in designated areas of a state or territory to help alleviate economic injury caused by the Coronavirus (COVID-19).
  • SBA’s Office of Disaster Assistance will coordinate with the state’s or territory’s Governor to submit the request for Economic Injury Disaster Loan assistance.
  • Once a declaration is made for designated areas within a state, the information on the application process for Economic Injury Disaster Loan assistance will be made available to all affected communities.
  • SBA’s Economic Injury Disaster Loans offer up to $2 million in assistance and can provide vital economic support to small businesses to help overcome the temporary loss of revenue they are experiencing.
  • These loans may be used to pay fixed debts, payroll, accounts payable and other bills that can’t be paid because of the disaster’s impact. The interest rate is 3.75% for small businesses without credit available elsewhere; businesses with credit available elsewhere are not eligible. The interest rate for non-profits is 2.75%.
  • SBA offers loans with long-term repayments in order to keep payments affordable, up to a maximum of 30 years. Terms are determined on a case-by-case basis, based upon each borrower’s ability to repay.
  • SBA’s Economic Injury Disaster Loans are just one piece of the expanded focus of the federal government’s coordinated response, and the SBA is strongly committed to providing the most effective and customer-focused response possible.

For additional information, please contact the SBA disaster assistance customer service center. Call 1-800-659-2955 (TTY: 1-800-877-8339) or e-mail disastercustomerservice@sba.gov.