We are here for you!
TopLine is here for you and all your financial needs during these trying times. Our core values remain our foundation, People Helping People… and People Serving People.
The impacts of COVID-19 are affecting individuals in different ways. If you have been financially impacted by the Coronavirus (COVID-19) pandemic, please let us know, our team stands ready to assist you with all of your questions and financial needs. Let us take away some of the worry so you can focus on what’s most important, your health and safety, and taking care of yourself and your loved ones. We are here for you!
Small Business Assistance
Small businesses are a significant part of our economy and TopLine is committed to helping small business owners weather the storm. Under the federal government CARES ACT, small businesses affected by the pandemic and economic downturn are eligible for financial assistance. There are two types of loans that are available, Payment Protection Loan and Economic Injury Disaster Loan.
For additional information on the CARES ACT small business loans funding options visit the U.S. Small Business Administration.
Paycheck Protection Program (PPP)
Funding for the PPP Loan Program ran out on May 5, 2021. Accordingly, TopLine has suspended accepting any new applications at this time. It is not presently known if new funding will be allocated to allow this loan program to continue.
Economic Injury Disaster Loan (EIDL)
- Working capital whereby funds may be used to cover fixed debts and/or payroll, accounts payable, or bills that can’t be paid because of the disaster’s impact.
- Loan cap of $500,000
We are Here to Protect You.
We encourage you to be on alert for potential scams that are being created to take advantage of individuals during these times. For tips, please click here.
All TopLine savings accounts, money markets and share certificates are federally insured up to at least $250,000, and IRAs are insured for an additional $250,000 by the National Credit Union Administration (NCUA). Several options are available for additional share insurance coverage in addition to the coverage available to their single ownership accounts, such as joint accounts, retirement accounts and trusts. Click here for more details. The NCUA Electronic Share Insurance Estimator is available to help members better understand the protection offered.
If you can’t find what you need, please contact us at 763-391-9494 or Ask@TopLinecu.com.
We are working together in ways we have never experienced before and are dedicated to supporting your needs during these uncertain times.