COVID-19 Updates

COVID-19 Updates

Date: 9/13/2021

Committed to Supporting our Customers and Communities

Over the past year, Middlesex Savings Bank has been monitoring official Public Health Guidance and taking actions to respond to the COVID-19 pandemic. As always, the health, safety and well-being of our customers, employees and community remain our top priority. 

We continue to monitor developments around COVID-19 and will provide the below updates as necessary.

Mask Mandate Update:

In accordance with updated guidance from the CDC, as of May 29, 2021, fully vaccinated people no longer need to wear masks inside a Middlesex Savings Bank branch location, though they may if they desire. Unvaccinated people should continue to wear a mask when visiting a branch location.

 Branch Safety Protocols:

  • Plexiglas dividers are installed at every transaction location.
  • Branches are cleaned daily and commonly-used surfaces continue to be cleaned regularly.
  • Hand sanitizer is available for use at all branches. 
  • For the safety of our employees and other customers, we ask that customers refrain from entering our branch offices if feeling ill.
  • Middlesex employees who are feeling ill are directed to stay home.

Update for Business Customers:

On September 9, 2021, the Small Business Administration (SBA) announced enhancements to the COVID Economic Injury Disaster Loan (EIDL) program, a federal disaster relief loan designed to better serve and support small business communities impacted by COVID-19. The SBA is ready to receive new applications immediately from small businesses looking to take advantage of these new policy changes, which include:
  • Increasing the COVID EIDL Cap from $500,000 to $2 million. Loan funds can be used for any normal operating expenses and working capital, including payroll, purchasing equipment, and paying debt.
  • Implementation of a Deferred Payment Period.
  • Establishment of a 30-Day Exclusivity Window of approving and disbursing funds for loans of $500,000 or less.
  • Expansion of Eligible Use of Funds.
  • Simplification of affiliation requirements. ­­
Small businesses, nonprofits, and agricultural businesses in all U.S. states and territories may be eligible. For more information on eligibility requirements and to apply, please visit the SBA’s website.