Important COVID-19 Information
Updated: September 17, 2020
Farm Credit West is standing by you and remains fully committed to meeting your financial needs during these uncertain times. If you are experiencing financial hardship as a result of the COVID-19 outbreak and corresponding shutdowns, contact your loan officer today.
SBA Paycheck Protection Program (PPP)
A component of the federal stimulus package (CARES Act) signed into law on March 27, the Small Business Administration is issuing forgivable loans through the Paycheck Protection Program. These loans are designed to provide relief for small businesses struggling to keep their workers on the payroll.
SBA will forgive loans if all employees are kept on the payroll with no wage reductions more than 25%, and the funds were used for payroll, rent, mortgage interest, or utilities.
SBA Disaster Loans
The Small Business Administration is now accepting applications from agricultural businesses for SBA’s Economic Injury Disaster Loan (EIDL) and EIDL Advance programs. Funding was authorized by Congress through the Paycheck Protection Program and Healthcare Enhancement Act. The legislation, signed into law by the President one week ago, provided additional funding for farmers and ranchers and certain other agricultural businesses affected by the Coronavirus (COVID-19) pandemic.
Agricultural businesses include businesses engaged in the legal production of food and fiber, ranching, and raising of livestock, aquaculture, and all other farming and agricultural related industries. Eligible agricultural businesses must have 500 or fewer employees.
Branch Hours and Operation
As an essential business, Farm Credit West remains open and ready to meet your needs. Active banking hours of operation have been shortened to 10am through 3pm effective the week of March 30 and thereafter. Despite shortened office hours, our staff continues to be available by phone or e-mail 8am to 5pm.
To protect our staff, we have reduced presence in each of our offices and are extending a requirement for “social distancing” to our staff and customers. To support that practice, our doors will remain locked during business hours and customers will be buzzed in to conduct necessary business. In addition, face masks are required when customers are in any part of an FCW office to conduct business, including the front counter, private offices and conference rooms. FCW employees will also always wear a face mask when in the presence of a customer. This requirement is for the safety and health of our customers and employees.
Conducting Business Remotely
Conduct your business through electronic means. Our staff remains available and eager to serve. Contact your loan officer by phone or e-mail.
Access Online Banking 24/7 to verify balance information, view statements, and transfer funds via ACH. To enroll in Online Banking, Click Here.
Call your local branch or 833-212-2223 to initiate wire transfers.
Mail payments to our Rocklin administrative office at P.O. Box 240 Rocklin, CA 95765.
Sign documents electronically via DocuSign. As your lender for more information.
Commitment to our Customers
Throughout these uncertain times, our commitment to customers remains the same, to provide a reliable, consistent source of credit to agriculture and rural communities. We understand each situation is unique and are ready to assist each operation to develop the right solution.