TFCU (Taunton Federal Credit Union) is proud to continue to support the communities we serve throughout the COVID-19 pandemic. As an approved lender for the Payroll Protection Program under the CARES Act, TFCU has processed over $1 million in loans to local small businesses in need of assistance during this time. The Payroll Protection Program provides small businesses with funds to pay up to 8 weeks of payroll costs, including benefits. Funds can also be used to pay interest on mortgages, rent, and utilities. For more information, please visit www.tauntonfcu.com/payrollprotection. Completed applications can be submitted to Gary Hays, TFCU’s Commercial Lending Specialist via e-mail at email@example.com.
In addition to the Payroll Protection Program, TFCU has committed $250,000 in emergency loans to our membership who might be facing financial hardship at this time. Two hardship programs were recently introduced, including a special loan available for First Responders & Medical Professionals on the front lines of this ongoing situation. For more information, or to apply for one of these programs, please visit www.tauntonfcu.com/covid19.