Committed to Supporting our Customers and Communities
During this challenging and uncertain time, our goal at Middlesex is to provide the high level of service and support that we have delivered for the past 185 years. We know this current situation is not only impacting your everyday lives, it’s also putting an economic strain on many of our business and consumer customers; some of this strain is immediate and some will likely continue into the future.
To support our business customers we have been proactively reaching out to understand each specific situation. We have also spoken with many residential mortgage customers who are experiencing an immediate and material economic impact. Whether you are an individual or a business, Middlesex is committed to being right there with our customers during this challenging time.
On top of our own financial strength, all deposits continue to be fully insured by both the FDIC (covers up to first $250,000 per depositor) and the Depositors Insurance Fund (DIF), which covers anything in excess of the FDIC insurance.
By choosing us as your bank, for your business and your household, you have helped us get to where we are today. Many of you have been with us for decades and in some cases, your entire lives. As a non-public, mutually owned bank, we have always tried to take the long-term view. We did that during the financial crisis of 2008 and we will do that now. Our intention is to help our customers the best we can through this challenging period.
Middlesex Savings Bank has been monitoring the official information and taking actions to respond to the rapidly evolving public health situation. As always, the health, safety and well-being of our customers, employees and community are our top priority. There is new information each day and we are all reliant upon the experts to update the public in real time.
The purpose of this update is to provide you with information and resources you may find helpful as we all navigate through this difficult and uncertain time. Please be assured that Middlesex is focusing all of its efforts on supporting you, our employees and our community through this situation, whether it be short-term or more prolonged.