As a community credit union, one of our core values is giving back to the community. That’s why we instituted a time-off policy that allows our team members to take time off to volunteer. Not only does this allow us to give back to our community, but it also helps our team remember our mission to serve our community. 

The CARES Act provides funding for SBA Paycheck Protection loans. These loans will help help small businesses pay their employee and cover expenses like benefits, building rent or mortgage interest and utilities. We've partnered with Kabbage to help you access these critical funds.  

You may need the following information to complete your application.

• SBA Form 1919
• Articles of incorporation/organization
• Bylaws/operating agreement
• Payroll expense verification documents, including IRS forms 941 and 944, payroll summary reports and bank statements, summary of payroll benefits
• Mortgage or rent statements
• Utility statements

The U.S. Chamber of Commerce offers a guide and checklist and the SBA also provides additional information.

Click to Apply

Disclaimer: Members Advantage Credit Union has partnered with Kabbage, Inc. to provide you access to the SBA loans made available through the federal CARES Act. All loan applications, documentation, decision and approval criteria are managed and administered by Kabbage. You understand thatMembers Advantage Credit Union will not be an originator or servicer of your loan. By clicking "Apply Now," you will leave the Members Advantage Credit Union site and will be re-directed to a website not controlled by Members Advantage Credit Union. The linked website may have a privacy policy that is different than that of Members Advantage Credit Union, please consult the linked website's privacy policy for further information. 

Your use of the site and your reliance on any information on the site is solely at your own risk. All information on this site is provided in good faith, howeverMembers Advantage Credit Union makes no representation or warranty of any kind, express or implied, regarding the accuracy, adequacy, validity, reliability, availability or completeness of any information on the site. Under no circumstance shallMembers Advantage Credit Union have any liability to you for any loss or damage of any kind incurred as a result of your use of the or reliance on any information provided on the site or your submitting a loan application to Kabbage.

"Scammers are taking advantage of fears surrounding the Coronavirus. They're setting up websites to sell bogus products, and using fake emails, texts, and social media posts as a ruse to take your money and get your personal information.

The emails and posts may be promoting awareness and prevention tips, and fake information about cases in your neighborhood. They also may be asking you to donate to victims, offering advice on unproven treatments, or contain malicious email attachments."

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By Colleen Tressler
Consumer Education Specialist, FTC

"Scammers are taking advantage of fears surrounding the Coronavirus.

What the FTC is Doing

The FTC and FDA have jointly issued warning letters to seven sellers of unapproved and misbranded products, claiming they can treat or prevent the Coronavirus. The companies’ products include teas, essential oils, and colloidal silver.

The FTC says the companies have no evidence to back up their claims — as required by law. The FDA says there are no approved vaccines, drugs or investigational products currently available to treat or prevent the virus. Read more about the warning letters.

Avoid Coronavirus Scams

Here are some tips to help you keep the scammers at bay:

• Don’t click on links from sources you don’t know. They could download viruses onto your computer or device.
• Watch for emails claiming to be from the Centers for Disease Control and Prevention (CDC) or experts saying they have information about the virus. For the most up-to-date information about the Coronavirus, visit the Centers for Disease Control and Prevention (CDC) and the World Health Organization (WHO)."

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credit: Federal Trade Commission
https://www.consumer.ftc.gov/features/coronavirus-scams-what-ftc-doing