Molecular view of virus
We are continuing to monitor and follow guidelines from the Centers for Disease Control and Prevention (CDC), as well as local, state, and public health authorities. Social distancing is highly encouraged to help contain the spread of the Coronavirus. As such, we have adjusted our customer service methods to help protect the health and safety of our employees, customers, and the community we serve.
As of June 17, 2020, all branch offices are now back to regular business hours.
For the safety of customers and employees, we have adopted the following practices:
For the safest and most convenient banking experience, we encourage you to access your account(s) from home using Cumberland Security Bank’s digital banking services, which allow you to:
If you need assistance accessing, using, or registering for these services, please contact us at 606-679-9361 and select option #2.
Also, please remember that our ATMs at all branch locations are capable of accepting deposits.
(Updated as of 4/6/2020)
On March 30th, the Treasury Department and the Internal Revenue Service announced that distribution of economic impact payments would begin within three weeks and would be distributed automatically, with no action required for most people. The IRS will calculate and automatically send the economic impact payment to those eligible.
Note: IRS will determine amounts based on either 2019 or 2018 filed tax returns.
The IRS has established a special section on its web site focused on steps to help taxpayers, businesses and others affected by the coronavirus. For details, visit www.irs.gov/coronavirus.
For a list of frequently asked questions regarding the economic impact payments, visit https://www.irs.gov/newsroom/economic-impact-payments-what-you-need-to-know.
The U.S. Small Business Administration (SBA) offers Economic Injury Disaster Loans (EIDL) to help businesses survive until normal operations resume after a disaster. They may be used to pay fixed debts, payroll, accounts payable and other bills that can’t be paid because of the disaster’s impact. We encourage all businesses with potential cash flow issues caused by the coronavirus to explore this option.
These loans offer:
You may be eligible for an EIDL if you are located in a declared disaster area and are one of the following types of businesses:
Further details are available at https://www.sba.gov/disaster-assistance/coronavirus-covid-19.
Apply online at https://disasterloan.sba.gov.
We understand this is a difficult time for our local businesses. Our commercial lenders Mark Ross and Ben Wilburn are here to help you with any questions you have or with any of your business concerns. Please contact us today!
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.
We will continue to closely monitor the situation and evaluate additional measures to support our customers and communities as the need arises.
For additional information about COVID-19, visit the Centers for Disease Control (CDC) at https://www.cdc.gov.
For information about coronavirus in Kentucky, visit http://kycovid19.ky.gov.
If you have any questions, please contact Cumberland Security Bank at 606-679-9361 or 1-800-679-9361. We value your relationship and appreciate your understanding.