Last Updated 6/30/2020: We will continue to update this page as new information becomes available.
At Limestone Bank, the health and well-being of our customers, our employees, and the members of the community are our highest priority. Our most urgent mission during these uncertain times is to be here for our customers when you need us most. Check out this new video for a message directly from our president and chief executive officer, John T. Taylor.
SBA PPP Loan Update as of 05/23/2020: The federal government has not provided final guidance regarding loan forgiveness at this time. It is incumbent on each borrower to comply with the statutes and regulations related to the Loan Program to receive forgiveness, and each borrower should review and understand the guidance made available by the federal government.
In response to the overwhelming impact of COVID-19 on small business owners, the Coronavirus Aid, Relief & Economic Security (CARES) Act, was recently passed by Congress and signed into law in order to provide up to $350 billion in federally-backed funding to small businesses and nonprofits in need. The Payment Protection Program (PPP) funding will be facilitated by the Small Business Administration (SBA) and will include provisions delaying, deferring, or the outright forgiveness of principal on certain loans to small businesses – however the final guidelines of the program have yet to be released.
Looking Ahead One of the expected opportunities of this Act is the potential forgiveness of a PPP loan. Please reference the treasury documents included below for more information.We suggest you pay special attention to the document retention requirements.
If you have any immediate questions about the program, please contact your local Loan Officer. Below are a number of resources provided by the U.S. Department of Treasury to help familiarize yourself with this program:
To Our Customers:
We understand you may feel a bit of uncertainty surrounding the spread of Coronavirus (COVID-19) in the US, and specifically, the communities we serve. We can assure you that at Limestone Bank the health and well-being of our customers, our employees, and members of the community are our highest priority. We are closely monitoring the evolving circumstances surrounding COVID-19 and following the recommendations from the Centers for Disease Control (CDC).
Beginning Thursday, March 19th, our banking centers will begin providing all services via drive-thru lanes only.
All drive-thrus will continue with normal business hours. To find a banking center with drive-thru services nearest you, visit our locations page.
If your banking needs cannot be completed via drive-thru, please contact your local branch to set up an appointment. Below are several other ways you can access your account with Limestone Bank:
Telephone banking: Available 24/7 at 877-238-7564.
Customer Resource Center (CRC): Speak directly with a member of our team by calling the CRC at 877-369-2265, open Monday-Friday 8a – 6p ET and Saturday 9a – 1p ET.
Online & Mobile Banking: If you haven’t done so already, enroll your online account, so you may begin accessing your account information from your computer. You may then download our mobile app from the Apple app store or the Google app store to access your account information on your mobile device.
We're Here to Help.
At Limestone Bank, we’re dedicated to giving your money the security it deserves. Remember, the safest place for your money is inside an FDIC-insured bank. Your deposits at Limestone Bank are insured up to $250,000. Even though things may feel a bit uncertain right now, you will consistently be able to access your available funds whether its directly from a banking center, ATM, or via our suite of digital banking services. The FDIC recently published this FAQ document echoing the sentiment, and included a number of helpful resources for bank customers.
Supporting our customers and keeping your money safe during these uncertain times is our top priority – that’s why we’re also reminding customers to guard against fraud and cyber criminals who are trying to take advantage during this time. Check out this resource created by the Federal Trade Commission, including tips on how to spot scammers. Keep your financial information safe, and if you ever have any concerns, please call us immediately.
We will continue to do our best to make necessary adjustments during this evolving situation, and we will provide you with any new information as necessary.