Support During the Government Shutdown
During a federal government shutdown, rest assured – your money is safe, our branches are open, and you can access all our digital banking services 24/7. However, thousands of government workers may face income interruptions. If you are affected by a shutdown-related furlough or a paycheck delay, Dedham Savings is here to help. You can count on us to understand your unique circumstances and explore possible solutions.
Are you experiencing hardship?
We’re here to help furloughed federal employees, federal contractors, and other clients whose federal benefits are impacted by the U.S Government shutdown.
Use our handy Contact Us page to reach out to us via phone, email, chat, or to visit a branch to speak with staff about hardship support:
- Eligible Fees refunded during the U.S. Government Shutdown1 – Impacted clients may request refunds on certain fees, such as Overdraft Fees, Non-Dedham Savings ATM Fees, and Monthly Maintenance fees. And if impacted clients need access to the funds in their Certificate of Deposit (CD), we will waive the early withdrawal penalty on a CD.
- Loan assistance – Impacted clients struggling to make a mortgage or home equity payment to Dedham Savings due to financial hardship caused by the government shutdown should reach out to us to learn more about opportunities for short-term relief.
- Food Pantry assistance – for those experiencing food hardship, Dedham Savings supports many local food pantries. Use this handy link to find a pantry near you.
1Proof of status may be requested.
Have you set up automatic bill payments?
Have you set up automatic bill payments using Dedham Savings mobile or online Bill Pay? You may want to temporarily turn off these automatic payments until you again receive regular paychecks. These helpful videos show you how:
Beware of Scams
Scammers take advantage of situations like the government shutdown. Be especially vigilant about scammers who may be impersonating contractors and charities in an attempt to get you to pay them money or give them your personal or financial information. Learn more about common scams.
Have peace of mind with our deposit insurance
One of the key benefits clients receive when banking with Dedham Savings is full deposit insurance coverage, through our combined FDIC and DIF insurance coverage. This combined coverage means deposits are insured in full up to any amount.