Government Shutdown

We’re Here for You

If you’re a government employee or contractor affected by the federal shutdown, Colony Bank is here to help. We understand that financial uncertainty can be stressful, and we’re offering flexible options designed to help qualifying customers navigate this time with greater peace of mind.

How We Can Help

The following assistance options are available for qualifying customers.

  • Overdraft Fee Waivers: Up to five (5) waived fees during the shutdown period
    • This option is available for customers who have been directly impacted by the shutdown and who receive their income at Colony Bank through a paycheck or direct deposit from the federal government as an employee or contractor.
  • Personal Loan Relief: Options available for eligible personal loans through our Skip-a-Pay program
  • Penalty-Free Early CD Withdrawals: Access your funds without penalty if needed
  • Small Business Lending: Our Small Business Specialty Lending (SBSL) group continues to accept and process SBA loans

If you’ve been impacted, stop by your local banking center or give us a call. Our team is here and ready to walk you through available options.

We’re continuing to monitor developments and will update this page as new information becomes available.

Is my money safe at Colony Bank?

Your deposits are secure and insured by the FDIC up to applicable limits. You can continue to bank with confidence knowing your money is protected at Colony Bank.

How can I request assistance?

Stop by your local banking center or give us a call! We’ll review your situation and help you explore available options.

How long will these options be available?

We’ll continue to review the situation and communicate any changes here. Our goal is to provide support for as long as it’s needed.

Can I access funds from my CD without penalty?

Yes, penalty-free early withdrawals may be available for customers directly impacted by the shutdown. Please contact us for details.

Who qualifies for these relief options?

For overdraft fee relief, this option is available to customers who have been directly impacted by the federal government shutdown and who receive their income at Colony Bank through a paycheck or direct deposit from the federal government as an employee or contractor.

For other assistance options, such as Skip-a-Pay, early CD withdrawals, or additional needs, we encourage you to contact or stop by your local banking center. Our team will talk with you about your situation and help determine what options may be available to best meet your needs.