Walden Savings Bank is committed to helping the community navigate the many challenges brought upon by the impact of the COVID-19 Coronavirus. Whether you have questions about your current Walden Savings Bank accounts or need guidance understanding the programs provided by goverment we're here to help.
The next round of Stimulus checks have begun to be processed by the US Treasury with the soonest availability expected on January 4, 2021. The IRS has made the "Get My Payment" tool available on their website. You may track the status of your Stimulus check online directly with the IRS. In the meantime, please consider setting up an alert within mobile and online banking to automatically be notified of new deposit activity.
What you need to know about filing for unemployment insurance during the pandemic. For the most up to date information, please see the resources provided by the New York Sate Department of Labor.
*In order to phase out the program, claimants who have an established PUA or PEUC claim on or before March 14, 2021 and are still eligible for additional weeks may continue to claim for benefits until they have collected the maximum number of weeks or the week ending April 11, 2021, whichever comes first.
The COVID-19 pandemic has had an adverse effect on many in the community and Walden Savings Bank is here to help our customers. We understand that this unprecedented event may result in disruptions to your income and banking needs.
To provide greater flexibility and account access while branch lobbies were closed, limits on withdrawals from savings and money market accounts were removed on May 11, 2020 for a period of six months.
With lobby access now fully restored, please be advised that savings and money market accounts will once again be limited as per regulatory requirements to six (6) transfers/ withdrawals per statement cycle. Transfers and withdrawals in excess of six (6) per statement cycle will once again be subject to the regular $15.00 fee. This includes:
If you have been adversely impacted by the COVID-19 pandemic resulting in a financial hardship, please contact us today for further assistance. Customers needing assistance with their Walden Savings Bank Credit card should contact our credit card services partner by calling 866-323-3587 or the customer service number available on the back of your card.
As the novel coronavirus (COVID-19) pandemic continues to impact the United States, fraudsters and scammers have seized the opportunity to prey on consumers. The first step in protecting yourself from scams is to know which ones to look out for. Recognizing the possible signs of the many different scams can help you be more proactive in defending yourself. Be aware that criminals are attempting to exploit COVID-19 worldwide through a variety of methods. There have been reports of:
Keep in mind, financial institutions will never call and solicit information such as your whole social security number or account number. We encourage you to visit the Federal Trade Commission's Website for more information and learn how to protect you and your family.
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