Are new members eligible for financial assistance during a federal government shutdown?

To discuss your eligibility and how TowneBank can support you during a government shutdown, please contact your local banker .

How do I know if I am eligible for financial assistance at TowneBank during a federal government shutdown?

Our bankers are available to discuss the options you have and the assistance you are eligible to receive. Please contact a local banker to discuss your options.

What happens during a federal governement shutdown?

A federal government shutdown happens when Congress fails to pass the necessary funding legislation, known as appropriations bills, to keep government operations running. Without this funding, many federal agencies are forced to partially or fully close, and non-essential federal employees may be furloughed (temporarily laid off without pay). What it affects : Some government services pause or slow down, and federal workers may not receive pay until the shutdown ends. What it doesn’t affect : Essential services like banking operations, national security, air traffic control, and mail delivery usually continue.

What is a government shutdown?

A federal government shutdown happens when lawmakers are unable to reach an agreement on funding legislation before the current fiscal year ends. This can lead to furloughs for federal employees and disruptions that affect daily life.

Will a government shutdown affect TowneBank?

No, a federal government shutdown will not impact your everyday banking with TowneBank. Your access to ATMs, direct deposits, and all standard banking services will continue without interruption. Most importantly, your money remains safe and protected. FDIC insurance and other safeguards are firmly in place and are not dependent on congressional funding. We're here for you, just as always.

Will my TowneBank accounts be affected by a federal government shutdown?

Your accounts will still be FDIC-insured and operational during a government shutdown.

Government Shutdown Assistance

LAST UPDATED: Monday, September 29, 2025

We are actively monitoring discussions surrounding federal funding and preparing for the possibility of a government shutdown. If you face challenges due to a lapse in federal appropriations, please know you're not alone and that we're here for you. We've created programs we hope will bring some comfort and support and we're always ready to talk through options that may help during this time.

Please contact your local banker to discuss financial options available to you.

Find My Banker

Government Shutdown Assistance FAQs

To discuss your eligibility and how TowneBank can support you during a government shutdown, please contact your local banker.
Our bankers are available to discuss the options you have and the assistance you are eligible to receive. Please contact a local banker to discuss your options.
A federal government shutdown happens when Congress fails to pass the necessary funding legislation, known as appropriations bills, to keep government operations running. Without this funding, many federal agencies are forced to partially or fully close, and non-essential federal employees may be furloughed (temporarily laid off without pay).
- What it affects: Some government services pause or slow down, and federal workers may not receive pay until the shutdown ends.
- What it doesn’t affect: Essential services like banking operations, national security, air traffic control, and mail delivery usually continue.
A federal government shutdown happens when lawmakers are unable to reach an agreement on funding legislation before the current fiscal year ends. This can lead to furloughs for federal employees and disruptions that affect daily life.
No, a federal government shutdown will not impact your everyday banking with TowneBank. Your access to ATMs, direct deposits, and all standard banking services will continue without interruption. Most importantly, your money remains safe and protected. FDIC insurance and other safeguards are firmly in place and are not dependent on congressional funding. We're here for you, just as always.
Your accounts will still be FDIC-insured and operational during a government shutdown.

Contact a Banker

We’re committed to supporting our members through challenging times with care, compassion, and resources to help you navigate what’s ahead. Submit the short form below to have a banker contact you to discuss options available to you during this time.