During these times of uncertainty, we understand that financial hardship is a real possibility for many of our customers. With the anticipation of the Federal stimulus funds arriving in the next few weeks, on a case by case basis, we will allow customers to overdraft their checking accounts and waive all applicable fees. In order to qualify, you will need to forward us pages 1 and 2 of your most recent federal income tax return (2018 or 2019). If you qualify based on your federal income tax return, you will be notified directly by a representative of 1st State Bank.
We understand every situation is different and there are many ways we may be able to help. Some of the ways may include:
- Early withdrawal penalties of Certificates of Deposit waived.
- Purchases of critical necessities (groceries, medical expenses, etc.) won’t result in NSF charges in the event those purchases drop an account to a negative balance.
- Wire fees waived for consumers using the funds to assist family members in need.
- Stop pay fees waived for those in need.
If you are a current customer experiencing hardship due to COVID-19, please fill out the following webform and include your latest Federal Tax Return: