Bryant Bank lobbies are now open. While we still encourage the use of our drive-thru lanes for your banking needs, we are excited to safely visit with customers in person if-needed.
As always, we are committed to putting care into action for our customers and will continue to work with you during this time. As we open our lobby doors, please be mindful of the following:
- All customers will be encouraged to wear a mask and practice safe social distancing.
- Each office has a capacity limit. If capacity is reached, you may be asked to wait momentarily outside or in your vehicle.
- Upon entering, we will ask you to temporarily remove your mask for identification purposes.
- If you do not have a mask, we can provide a disposable one for you if you would like one.
- If you’re not feeling well, please use our drive-thru services.
Thank you for your understanding during this time as we welcome everyone back safely!
To contact a local Bryant Bank office, please call 1-855-4BRYANT.
ECONOMIC IMPACT PAYMENTS UPDATE:
The American Rescue Plan Act of 2021 is a $1.9 trillion coronavirus rescue package designed to facilitate the United States’ recovery from the economic and health effects of the COVID-19 pandemic. The plan will provide $1,400 per-person checks to households across America, providing help for housing and nutrition costs, as well as access to safe and reliable childcare and affordable healthcare. It will also extend unemployment compensation, while insuring support for the hardest hit small businesses. This will be the third economic impact payment since the pandemic began.
Most people will be able to access their check electronically in their digital banking services. You will be able to access the funds starting on Wednesday, March 17.
Here’s an overview of what the American people need to know about the direct payments in the American Rescue Plan:
- For households who have already filed their income tax return for 2020, the IRS will use that information to determine eligibility and size of payments.
- For households that haven’t yet filed for 2020, the IRS will review records from 2019 to determine eligibility and size of payment. That includes those who used the “non-filer portal” for previous rounds of payments.
- For tax returns with direct deposit or bank account information, the IRS will be able to send money electronically. For those households for which Treasury cannot determine a bank account, paper checks or debit cards will be sent.
Bryant Bank will continue to monitor information about Economic Impact Payments and will let customers know if something changes.
Establishing Deposit Alerts via Online Banking
Establishing deposit alerts within your online banking account will help minimize extra traffic to the online banking site and is a great way to be notified when your payment is received. To do this, log into your online banking and select the account that will receive your payment. Then, select Alert preferences and follow the prompts to establish a Transaction alert.
Options for Depositing a Check with Bryant Bank
In addition to depositing your checks through the drive-thru, customers also have the option to deposit checks through the mobile banking app (select Deposit checks from the menu) as well as through Bryant Bank’s ATMs.
Protect Yourself From Fraud
If you receive a suspicious email or test message, please don’t respond, click on links, or open attachments. If a Bryant Banker reaches out to you by phone and you are not confident in who you’re speaking with, please hang up the phone and call us back.
PAYCHECK PROTECTION PROGRAM – ROUND 2 UPDATE:
Congress has passed another round of Paycheck Protection Program (PPP) funding. Businesses will have the opportunity to apply again for another PPP loan for up to $2 million.
The “second draw” of PPP loans is once again forgivable, meaning your business gets to keep the money without paying it back, as long as you use it to keep paying employees (or other qualified expenses).
At Bryant Bank, we’ve already helped hundreds of small businesses and non-profits in Alabama to secure PPP loans, and our lenders are actively preparing to help you with yours once again.
HERE’S WHAT WE KNOW:
The rules for this second round of PPP funding are slightly different than the first time around and continue to evolve.
- You must have fewer than 300 employees.
- You must have been in business prior to Feb. 15, 2020.
- You must have used all of your previous PPP loan, if you received one.
- You must show a 25% reduction in total revenues for any quarter of 2020, compared to the same quarter of 2019. This doesn’t count any funds you received from PPP loans or other COVID relief programs.
- You can get up to your average monthly payroll in 2019, multiplied by 2.5 times. (For example if your monthly payroll cost averaged $50,000, you could apply for $125,000).
- No loan can exceed $2 million.
HOW TO APPLY:
At Bryant Bank, we are currently accepting second round PPP loan applications. If your business is ready to begin the application process, please contact your local Account Officer. Communication to first round borrowers will be emailed so please be on the lookout for more details. If you have not added email@example.com to your contacts, please do so to help reduce the chances of emails going to a junk folder.
If you have any questions regarding the Paycheck Protection Program, please reach out to your local Bryant Banker.
How We’re Handling COVID-19
These are the extra steps we have taken to keep you, your family, and our bankers safe.
- Each office has identified a max capacity
- Once you arrive for your appointment, you may be asked to wait in your vehicle until your Bryant Banker is available or until a customer exits the building if capacity has been reached
- Utilizing our drive-thru lanes or digital banking offerings is still encouraged
- All bankers have been provided face coverings and will wear them when interacting with you and their co-workers
- Face coverings are required for customers
- Each office has enhanced their cleaning and sanitizing efforts and will ensure extra cleaning of spaces used for a meeting
- Hand sanitizer is available throughout each location
- Protective shields have been installed at teller lines and at many banker desks
- Floor decals and signage will be displayed to help provide visual cues and reminders to assist with the CDC-recommended 6-foot distancing.
How We’re Handling COVID-19
We will continue to offer many contactless banking options:
- Bryant Bank drive-thrus
- Our SmartATMS allow you to deposit cash and checks
- Deposit a check through your mobile app
- Submit travel notices and control your debit card or report a lost or stolen through Card Management, located in your online banking
- Pay a bill with our online banking bill pay service
As we continue to monitor information from Alabama Department of Public Health, WHO, and the CDC, and with our own preparedness, we are working diligently to provide you a safe environment to take care of your banking needs. If you have any questions at all, please contact your local Bryant Banker. You may also call 1-855-4BRYANT.
To Update Contact Information
(via the Mobile App and Desktop)
As we work diligently to keep our customers informed, it’s important to have current contact information on file. To ensure we can reach you by email with important COVID-19 updates, please verify your contact information through Bryant Bank Online or the Mobile Banking app by taking these steps:
- Log in to your online banking account via the mobile app or on a desktop.
- From the home screen, select Menu > Your Name (or My Profile in some cases) > Settings.
- To update contact information, select your name at the top of the Settings screen.
- Under Contact info within the Profile screen, select edit next to your email address to provide an updated email address.
- This is where you can also update a phone number and physical address.
COVID-19 Ransomware Attack Awareness
A new ransomware campaign is targeting the government and healthcare sectors. It manifests as an email posing as a COVID-19 meeting invitation. As we continue to experience challenges during this time, it is important to be alert and cautious before clicking on any emails that you do not recognize. Be aware that the current state of crisis presents new opportunities for exploitation. If you are unsure of an email, confirm with the sender by another channel. It’s important not to forward the email that you are questioning as well.