23 09, 2020

Relief from Federal Student Loan Payments Extended through the End of the Year.

By |2020-09-23T13:52:21-05:00September 23rd, 2020|COVID-19|0 Comments

If you lost your source of income or had reduced income because of the ongoing coronavirus pandemic, making payments on your federal student loans may be nearly impossible. With the extension of The CARES Act, those borrowers have relief from paying through December 31st. The Federal Trade Commission (FTC) says if you have qualifying student [...]

6 08, 2020

Keep Calm & Avoid Coronavirus Scams

By |2020-08-06T15:28:14-05:00August 6th, 2020|COVID-19, Fraud|0 Comments

There are so many COVID-19 scams circulating right now. Everything from stimulus money fraud to imposter contact tracers and everything in between. Stay aware and keep your personal information safe. Here are some tips from the FTC. KEEP CALM & AVOID CORONAVIRUS SCAMS Learn how to tell the difference between a real contact tracer and a scammer. [...]

6 07, 2020

Guide to Mortgage Forbearance Under the CARES Act

By |2020-07-06T09:39:44-05:00July 6th, 2020|COVID-19, Financial|0 Comments

If you have been impacted by the national COVID-19 health crisis and are having trouble paying your mortgage payment, forbearance may be an option for you. Forbearance is offered by some lenders to borrowers who have experienced a financial hardship such as a loss of income or increased medical expenses. Eligible borrowers approved for forbearance [...]

30 06, 2020

Apply for Oklahoma Business Relief Program Today

By |2020-06-30T17:21:07-05:00June 30th, 2020|COVID-19, Green Country News, Small Business|0 Comments

Oklahoma Business Relief Application & Guidelines Green Country is participating in the Oklahoma Business Relief Program (OBRP) which is a one-time grant for up to $25 million for qualified businesses. The OBRP is a state-level program administrated by the Oklahoma Department of Commerce. OBRP requires that business applicants prove they have suffered a revenue loss [...]

29 05, 2020

5 Tips to Maximize PPP Forgiveness

By |2020-05-29T17:48:07-05:00May 29th, 2020|COVID-19, Financial, Small Business|0 Comments

Tip #1: Use the Covered Period for Payroll Costs A first tip to maximize PPP forgiveness? Use the eight-week covered period that starts when you get the PPP loan. Not the alternative covered period which starts the day the next payroll period starts. (You get to choose which eight weeks you look at.) The reason? [...]

21 05, 2020

Small Business Support through the Pandemic

By |2020-05-21T08:18:56-05:00May 21st, 2020|COVID-19, Financial, Green Country News, Small Business|0 Comments

Paycheck Protection Program Update Our commercial lending team has worked tirelessly since late March helping our small business members and new relationships stay afloat by utilizing the SBA's Paycheck Protection Program. To date, we've helped 90 business owners receive an average of $35,010 in what should be forgivable loans to pay employees and utilities. We've [...]

21 05, 2020

Coronavirus Stimulus Checks – When will you see your money?

By |2020-05-21T08:13:38-05:00May 21st, 2020|COVID-19, Green Country News|0 Comments

When will you see your Stimulus Check? Please note that Green Country FCU cannot see your stimulus payment until it is direct deposited or until you deposit a paper check. We do not have control over when these funds are deposited. The Internal Revenue Service started sending out stimulus payments this week and while some [...]

21 05, 2020

Small Business Relief – What is the Paycheck Protection Program

By |2020-05-21T08:05:20-05:00May 21st, 2020|COVID-19|0 Comments

► APPLY for the Paycheck Protection Program What is the Paycheck Protection Program? The Paycheck Protection Program is part of the Coronavirus Aid, Relief, and Economic Security (CARES) Act. This is a nearly $350-billion program intended to provide American small businesses with eight weeks of cash-flow assistance through 100 percent federally guaranteed loans. Program highlights All [...]

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