COVID-19 Coronavirus Update

For the safety of our team members, customers and community, effective Wednesday, November 18, all  First State Bank branch lobbies will be open by appointment only. Should you need to visit a branch lobby for consultation, safe deposit box access or additional services, you may make an appointment by calling (866) 372-1275. If your appointment is for a mortgage or commercial loan matter, please work with your lender directly to schedule a time and location.

Please note that per Executive Order 2020-147 from Governor Whitmer, face coverings are required to enter our branches, unless under the age of 5 or with a medical exemption.

When visiting a branch please keep the following in mind:

Per the Executive Order, we must limit the number of people in our buildings to maintain social distancing. If we are at capacity, you may be asked to wait outside or in your vehicle.

We require that you wear a mask. Although we encourage you to bring your own, if you do not have access to one, a disposable one can be provided upon request. We will be wearing a mask, too.

We are working diligently to lower exposure to risks by making available hand sanitizers, protective shields at desks and teller windows and providing a fresh pen for you to keep with each visit. 

We are grateful for your cooperation in complying with the safeguards we have put in place for customers and our valued team members.

If your business can be handled in the drive-thru, at an ATM or using our remote services we encourage you to do so. Again, we are making every effort to allow you to bank in ways that are most comfortable to you.

We have many alternatives to in-person banking to meet your needs including:

  • Telephone banking
  • Mortgage/Commercial Loan Officers/Cash Management Representatives are available by phone or email
  • Night Drop Services
  • Branch ATMs or one of over 43,000 ATMs nationwide
  • Online Banking, Mobile Banking, Mobile Deposits and Person-to-person Transfers (POP MONEY)
  • Drive-thru service

We understand that times of uncertainty raise questions. Our team is committed to creating opportunities for you to have access to information related to general banking, remote banking options, branch access, cyber hygiene and local resources for consumer and business needs. For your convenience this information will be compiled in one place and updated regularly here: fsb.bank/covid-19.

What hasn’t changed? Our commitment to you. With over 100 years of banking experience right here in our community we assure you that our relationship with you is on the forefront of our minds.

Covid-19 Related Loan Payment Assistance

If you anticipate or are experiencing a financial hardship that will impact your ability to stay current on any First State Bank loan payment, we are here to help. For those eligible, we urge you to apply for the programs listed below. If they do not seem to fit your need, we may be able to offer solutions or assistance that can help your get through these difficult times. It is best not to wait for a missed payment – call as soon as possible to discuss your options.

Here’s how to reach out to start the conversation:

  • Residential Mortgage, Home Equity Loan/Lines of Credit, Personal, Recreational, Auto Loans:  For borrowers experiencing COVID-19 related hardships we may be able to defer up to three months of payments. Please take the following steps to ensure your request is reviewed as quickly as possible:

  • Commercial Loans:

    We are pleased to assist you on the loan forgiveness step of the SBA Payroll Protection Program (PPP). As you know, the PPP allows for all or a portion of the loan and accrued interest to be forgiven if the proceeds are used for eligible payroll and certain non-payroll costs. 

    On June 16, 2020, the SBA, in consultation with the Department of the Treasury, released a revised PPP loan forgiveness application (“Application”) which implements the changes from the PPP Flexibility Act of 2020, signed into law by President Trump on June 5, 2020. In addition to a revised full Application, the SBA has issued an abbreviated “EZ” Application which simplifies the process for certain borrowers

    As a result of these releases, we are now accepting Applications for loan forgiveness.

    Other hardship related inquiries or concerns? Contact your Loan Officer:

    Alfred A. DeFlaviis - (586) 445-6615
    John Guarini - (313) 737-8333
    Gabe Makhlouf - (810) 333-3300
    Vito Pianello - (586) 675-7054
    Brad Quail - (586) 873-8314
    Linda Reetz-Kahl - (586)918-3184
    Sue Sadowski - (586) 291-1627
    Brett Sanford - (586) 863-2888

If we are unable to take your call please leave a message and be sure to include detailed information on how to reach you. Please allow up to 48 business hours for a return call, as the number of inquiries may increase.

SBA Paycheck Protection Program

FSB Cares about the economic health of our community are we are committed to the success of local businesses. We are pleased to announce that we will once again be partnering with the Small Business Administration (SBA) and its Paycheck Protection Program (PPP).

PPP loans can be used to help fund payroll costs, including benefits. Funds can also be used to pay for mortgage interest, rent, utilities, worker protection costs related to COVID-19, uninsured property damage costs caused by looting or vandalism during 2020, and certain supplier costs and expenses for operations.

Our secure portals are now open to submit your PPP Application. PLEASE NOTE: For your safety, due to the sensitive nature of the financial information contained within your application, we will only be accepting applications through our secure portal. 
 

About the Application Process:
First, you will access the secure portal and click the blue "Send Me Files Securely" button to request a secure link to submit your application. Once we verify your identity, you will receive an email from FSB that will contain the secure link needed to submit your application. After your application is submitted, you will receive a confirmation page. This is your initial verification that your application has been received into our secure platform.

Within a few days, you will receive a follow up “Welcome” message. This email will outline the next steps in the process. Loan requests are processed in the order in which they are received. Due to the volume of loan requests received, we are unable to provide a specific timeline for the application process, however, please be assured that we are working diligently to review and process your application. Please monitor your inbox daily for updates on the status of your loan.
 

FIRST TIME APPLICANTS:

Eligible small entities, that together with their affiliates (if applicable), have 500 or fewer employees—including nonprofits, veterans organizations, tribal concerns, self-employed individuals, sole proprietorships, and independent contractors—can apply. For additional program details, click herePlease download the application PDF and save to your computer before filling it out. When completing your application, please make sure all fields can be clearly read. We must be able to read each field in its entirety to be able to process your application. First State Bank is unable to modify your application on your behalf.

Download the PPP Application for First Time Borrowers

New PPP Borrower: Submit Application Here

First Draw Borrower - Loan Calculation Worksheet
 


SECOND DRAW APPLICANTS:

The Paycheck Protection Program (PPP) now allows certain eligible borrowers that previously received a PPP loan to apply for a Second Draw PPP Loan with the same general loan terms as their First Draw PPP Loan.

A borrower is generally eligible for a Second Draw PPP Loan if the borrower:

  • Previously received a First Draw PPP Loan and will or has used the full amount only for authorized uses;

  • Has no more than 300 employees; and

  • Can demonstrate at least a 25% reduction in gross receipts between comparable quarters in 2019 and 2020.

For additional program details, click here. Please download the application PDF and save to your computer before filling it out. When completing your application, please make sure all fields can be clearly read. We must be able to read each field in its entirety to be able to process your application. First State Bank is unable to modify your application on your behalf.
 
Download the PPP Second Draw Borrower Application

Returning PPP Borrower: Submit Application Here

Second Draw Loan Calculation Worksheet

Second Draw PPP: How to Calculate Revenue Reduction and Maximum Loan Amounts Including What Documentation to Provide

 

It is our priority to support and serve our loyal business customers so we will only be accepting applications from existing clients. If you require support, please send an email to pppsupport@fsb.bank.

Reminder: If you have previously received funding through the PPP, applications for loan forgiveness are now being accepted. Click here to learn more or to submit your loan forgiveness application.
 

Credit Card Support

For assistance with your First State Bank Credit Card (issued by Elan Financial Services), please reach out to Cardmember Services at the phone number on the back of your credit card. During this time, they will:

  • Prevent assessment of Late Fees (Consumer and Business)

  • Prevent assessment of Overlimit Fees (Business)

  • Fulfill requests for copies of statements

  • Process rush card requests

  • Prevent an account from moving to penalty pricing (Business)

Contact us

If you have a specific concern or need, as always, we welcome you to reach out to our team 24/7 using our Call Center (866) 372-1275.

We have many options to serve you virtually including:

DRIVE THRU or ATM:

  • Deposits (Check and Cash)

  • Withdrawals

  • Transfers

  • Account Inquiries

  • Night Drop Service

Plus, the ALLPOINT network is free for FSB customers at over 43,000 locations nationwide. Visit our website to find a location.

Online Banking Services Features:

  • Transfers

  • Account Inquiries

Mobile App Features:

  • Mobile Check Deposits

  • Transfers (including person-to-person)

  • Account Inquiries

FSB.bank:


Telephone Banking:
(888) 775-2265, available 24/7

  • Transfers

  • Account Inquiries

We’re here to help and, as always, welcome you to reach us at your convenience using our 24/7 Customer Service line: (866) 372-1275.

Covid-19 Related Loan Payment Assistance

If you anticipate or are experiencing a financial hardship that will impact your ability to stay current on any First State Bank loan payment, we are here to help. For those eligible, we urge you to apply for the programs listed below. If they do not seem to fit your need, we may be able to offer solutions or assistance that can help your get through these difficult times. It is best not to wait for a missed payment – call as soon as possible to discuss your options.

Here’s how to reach out to start the conversation:

  • Residential Mortgage, Home Equity Loan/Lines of Credit, Personal, Recreational, Auto Loans:  For borrowers experiencing COVID-19 related hardships we may be able to defer up to three months of payments. Please take the following steps to ensure your request is reviewed as quickly as possible:

  • Commercial Loans: 

    The U.S. Small Business Administration (SBA) has announced that additional funding has been approved for the Paycheck Protection Program.

    First State Bank has been working diligently to process all applications submitted between April 3 – 8, 2020. If your loan application did not receive a decision from the SBA during the first round of funding, your application has remained “Active” and our team is working as quickly as possible to submit these applications. If additional information is required as a result of the update to the Program, a lender will contact you.

    Please note that program funding remains limited. Given the volume of applications submitted to First State Bank, as well as other lenders across the country, it’s likely that not every qualified applicant will receive funding under the PPP. We will not be accepting additional applications at this time as we focus our resources on the applications submitted between April 3 – 8.

    We will also continue to post updates on our website as new information becomes available. Thank you for your patience.

     

    Other hardship related inquiries or concerns? Contact your Loan Officer:

    Alfred A. DeFlaviis - (586) 445-6615
    John Guarini - (313) 737-8333
    Gabe Makhlouf - (810) 333-3300
    Vito Pianello - (586) 675-7054
    Brad Quail - (586) 873-8314
    Linda Reetz-Kahl - (586)918-3184
    Sue Sadowski - (586) 291-1627
    Brett Sanford - (586) 863-2888

If we are unable to take your call please leave a message and be sure to include detailed information on how to reach you. Please allow up to 48 business hours for a return call, as the number of inquiries may increase.

SBA Paycheck Protection Program

FSB Cares about the economic health of our community are we are committed to the success of local businesses. We are pleased to announce that we will once again be partnering with the Small Business Administration (SBA) and its Paycheck Protection Program (PPP).

PPP loans can be used to help fund payroll costs, including benefits. Funds can also be used to pay for mortgage interest, rent, utilities, worker protection costs related to COVID-19, uninsured property damage costs caused by looting or vandalism during 2020, and certain supplier costs and expenses for operations.

Our secure portals are now open to submit your PPP Application. PLEASE NOTE: For your safety, due to the sensitive nature of the financial information contained within your application, we will only be accepting applications through our secure portal. 
 

About the Application Process:
First, you will access the secure portal and click the blue "Send Me Files Securely" button to request a secure link to submit your application. Once we verify your identity, you will receive an email from FSB that will contain the secure link needed to submit your application. After your application is submitted, you will receive a confirmation page. This is your initial verification that your application has been received into our secure platform.

Within a few days, you will receive a follow up “Welcome” message. This email will outline the next steps in the process. Loan requests are processed in the order in which they are received. Due to the volume of loan requests received, we are unable to provide a specific timeline for the application process, however, please be assured that we are working diligently to review and process your application. Please monitor your inbox daily for updates on the status of your loan.
 

FIRST TIME APPLICANTS:

Eligible small entities, that together with their affiliates (if applicable), have 500 or fewer employees—including nonprofits, veterans organizations, tribal concerns, self-employed individuals, sole proprietorships, and independent contractors—can apply. For additional program details, click herePlease download the application PDF and save to your computer before filling it out. When completing your application, please make sure all fields can be clearly read. We must be able to read each field in its entirety to be able to process your application. First State Bank is unable to modify your application on your behalf.

Download the PPP Application for First Time Borrowers

New PPP Borrower: Submit Application Here

First Draw Borrower - Loan Calculation Worksheet

SECOND DRAW APPLICANTS:

The Paycheck Protection Program (PPP) now allows certain eligible borrowers that previously received a PPP loan to apply for a Second Draw PPP Loan with the same general loan terms as their First Draw PPP Loan.

A borrower is generally eligible for a Second Draw PPP Loan if the borrower:

  • Previously received a First Draw PPP Loan and will or has used the full amount only for authorized uses;

  • Has no more than 300 employees; and

  • Can demonstrate at least a 25% reduction in gross receipts between comparable quarters in 2019 and 2020.

For additional program details, click here. Please download the application PDF and save to your computer before filling it out. When completing your application, please make sure all fields can be clearly read. We must be able to read each field in its entirety to be able to process your application. First State Bank is unable to modify your application on your behalf.
 
Download the PPP Second Draw Borrower Application

Returning PPP Borrower: Submit Application Here

Second Draw Loan Calculation Worksheet

Second Draw PPP: How to Calculate Revenue Reduction and Maximum Loan Amounts Including What Documentation to Provide

 

It is our priority to support and serve our loyal business customers so we will only be accepting applications from existing clients. If you require support, please send an email to pppsupport@fsb.bank.

Reminder: If you have previously received funding through the PPP, applications for loan forgiveness are now being accepted. Click here to learn more or to submit your loan forgiveness application.
 

PPP Loan Forgiveness

We are pleased to assist you on the loan forgiveness step of the SBA Payroll Protection Program (PPP). As you know, the PPP allows for all or a portion of the loan and accrued interest to be forgiven if the proceeds are used for eligible payroll and certain non-payroll costs. 

On June 16, 2020, the SBA, in consultation with the Department of the Treasury, released a revised PPP loan forgiveness application (“Application”) which implements the changes from the PPP Flexibility Act of 2020, signed into law by President Trump on June 5, 2020. In addition to a revised full Application, the SBA has issued an abbreviated “EZ” Application which simplifies the process for certain borrowers

As a result of these releases, we are now accepting Applications for loan forgiveness.

Click here to begin the application process.

 

Michigan Small Business Restart Program

In response to the economic impact of COVID-19, the State of Michigan has allocated $100 million of CARES Act funding to implement the Michigan Small Business Restart Program to support the needs of Michigan Businesses directly impacted by COVID-19.

The application process will be handled through MEDC and funds will be distributed by Macomb County Department of Planning and Economic Development. Click here to learn more or to apply for the Michigan Small Business Restart Program.


Community grants for small businesses affected by COVID-19

In a news release on March 25, 2020, Macomb County Planning and Economic Development announced plans to distribute community grants for small businesses affected by COVID-19. County to use $800,000 in MEDC grants and up to $100,000 in matching funds from First State Bank. As a result, Macomb County awarded grants to 148 businesses.

See the full news release here.

 

Covid-19 Related Loan Payment Assistance

If you anticipate or are experiencing a financial hardship that will impact your ability to stay current on any First State Bank loan payment, we are here to help. We urge you to call as soon as possible so we can work with you. We may be able to offer solutions or assistance that can help your get through these difficult times. It is best not to wait for a missed payment call.

Contact the Loan Officer on your Account

  • Alfred A. DeFlaviis - (586) 445-6615

  • John Guarini - (313) 737-8333

  • Gabe Makhlouf - (810) 333-3300

  • Vito Pianello - (586) 675-7054

  • Brad Quail - (586) 873-8314

  • Linda Reetz-Kahl - (586)918-3184

  • Sue Sadowski - (586) 291-1627

  • Brett Sanford - (586) 863-2888

If we are unable to take your call please leave a message and be sure to include detailed information on how to reach you. Please allow up to 48 business hours for a return call, as the number of inquiries may increase.

Brush up on your financial know-how - at home!

Now's a great time to visit our Financial Resource Center. From budgeting to savings to buying a home and more, we have free, short modules you can watch to help you learn more about your finances!

Learn at home with Banker Jr.

Looking for creative, affordable and educational ways to help keep your kids entertained? We are proud to offer Banker Jr., a free downloadable app that is safe for all ages and teaches simple money concepts. This fun educational app that teaches kids good saving and spending habits, encourages giving to others and provides math skills practice.

 

 

Sign up for Credit Sense.

Stay on top of your credit for FREE with Credit Sense, available in Online Banking and in the Mobile Banking app. With Credit Sense, you get your latest credit score and report, and an understanding of the key factors that impact the score. Log in to Online Banking to enroll!

 

Cyber Hygiene Tips for Online and Mobile Channels:

Be sure to be diligent and practice safe cyber hygiene to avoid falling victim to scammers. The Federal Trade Commission has tips to protect yourself from possible coronavirus-related scams.

Basic Reminders:

  • Make sure your anti-virus and anti-malware software is current.

  • Do not click on links or attachments from unknown sources.

  • Watch out for bogus claims for vaccinations or cures.

  • Be cautious of websites asking for donations.

Oakland Together Small Business Recovery Grants

Oakland County is dedicating nearly $30 million from the federal Coronavirus Aid, Relief, and Economic Security (CARES) Act Fund to help small businesses negatively impacted by the COVID-19 pandemic. To learn more visit the Oakland County website.

In Support of Small Businesses: Macomb is Open

Now more than ever we need to be conscious about supporting small businesses in the communities in which we live and work.

Our friends at Macomb County Chamber, Sterling Heights Regional Chamber, Anchor Bay Chamber of Commerce and the Greater Washington-Romeo Chamber have partnered to create a campaign called Macomb is Open.  This is a county-wide campaign created to help promote businesses in Macomb County that remain open during these unprecedented times.

Locate businesses, including restaurants, that are open, or if you would like to add your business to the list, visit: https://macombcountychamber.com/covid-19-resources/macomb-is-open/

COVID-19 Related Resources for Businesses: