We remain committed to our customers and are cooperating with government mandated programs and policies to help relieve you of financial burdens.
Notably, President Trump signed the CARES Act which among other things allocated funds to expand the Small Business Administration (SBA) 7(a) Paycheck Protection Program. Under SBA guidelines, banks who are qualified lenders or are determined to be qualified may offer loans to small businesses that meet certain conditions. Mariner’s Bank and many other non-SBA banks alike are not yet able to offer these loans.
While we await guidance from the US Treasury and SBA, we’d like to extend the opportunity to chat with our bankers, discussing alternative, non-SBA relief methods which we believe could help you through this difficult time: Contact us.
You should also reach out to learn more on increasing your daily debit card point of sale transaction limit, ATM fee reimbursements, early termination penalty waivers on CD’s and more steps we are taking to help you through this crisis.