Your Financial Health During COVID-19

JBT, along with the Federal Deposit Insurance Corporation (FDIC), is available to provide help to clients affected by the COVID-19 global pandemic.  JBT provides a number of banking options that fall within state and federal guidelines related to social distancing and the FDIC provides information and resources to those in need.
 
Mobile Banking Technology & Social Distancing
JBT has the technology to enable you to conduct banking transactions while still following the social distancing guidelines that are so important in helping slow down the spread of the disease.  Whether it’s by computer, smartphone, or other mobile device, banking with JBT is safe and convenient. If you aren’t already using JBT’s mobile banking technology, visit our online and mobile banking section of the website to learn how to get started.
 
The services you can access through JBT’s mobile banking include:
  • Online Bill Pay – receive bills online from companies you deal with. Review the bill and then make your payment online, too.
  • Deposit Checks Remotely – JBT’s Mobile Deposit enables you to take a picture of a check with your mobile device and deposit that check electronically without ever visiting a branch or using an ATM.  
  • Money Transfer Services – send money to people without having to write a check, swipe a card or hand them money
The FDIC also provides additional tips on mobile banking technology by visiting: https://www.fdic.gov/consumers/consumer/news/october2019.html
 
Still the safest place for your money
JBT is an FDIC-insured bank and while we have temporarily closed our lobbies in conjunction with social distancing guidelines, our drive-thru service is still available at our branches and your FDIC-insured account is still safe as always.
You can contact JBT or check the FDIC’s Electronic Deposit Insurance Estimator (EDIE) https://edie.fdic.gov/calculator.html to help you determine deposit insurance coverage based on accounts you already have with JBT or accounts you are considering opening. Find additional help using EDIE at https://www.fdic.gov/deposit/deposits
 
Keeping large sums of money at home is not the answer
The FDIC notes that “keeping large sums of cash in your home is not advisable because it puts these funds at risk of theft, fire, flood, loss, or damage. Also, because of the physical interaction and exchange of currency, paper money has the potential of harboring germs and bacteria, another drawback of storing large sums of cash in your home.” See https://www.nih.gov/news-events/news-releases/new-coronavirus-stable-hours-surfaces
Contact JBT if you’re experiencing financial difficulty because of COVID-19
Our area is experiencing the effects of temporary closure of businesses, schools and countless events as we all do our part to reduce exposure to COVID-19. Unfortunately, that also results in many people now facing a loss of income due to the illness or the impacts to businesses. JBT is ready to work with clients experiencing a negative financial impact from COVID-19. It’s important to contact JBT to discuss your options before skipping any payments. JBT is here to help YOU and together we can find solutions.    
 
Additional resources
The FDIC and other organizations have additional resources related to COVID-19 that you may find helpful.
https://www.fdic.gov/coronavirus/faq-customer.pdf
https://www.consumerfinance.gov/coronavirus/
https://www.nih.gov/health-information/coronavirus
https://www.cdc.gov/coronavirus/2019-nCoV/index.html