Powering Local Means Showing Up When It Counts
As your local community bank, we’re here to help our customers and neighbors affected by the shutdown with quick, compassionate relief options — because community comes first.
Our Community Stands Together
At Cape & Coast Bank, we believe in the strength of our community, and we’re here to support our neighbors when it matters most. If you’ve been affected by the recent government shutdown, we understand the uncertainty you’re facing. Our team has moved quickly to provide relief options designed to help our community stay on steady ground.
Fast Relief, Local Support
We’re offering two relief options to support our customers and neighbors affected by the furlough. Choose the option that fits your needs and get in touch with us today.
Mortgage Payment Assistance
For Cape & Coast Bank mortgage customers concerned about an upcoming payment:
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Relief options vary by loan type
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May include the ability to skip a payment or other temporary accommodations
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Personalized guidance from our local lending team to find the best solution
Short-Term Relief with a 0% Personal Loan
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0% interest unsecured personal loan to help cover essential expenses
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No monthly payments required
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Single repayment due at the end of the loan term
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Fast-tracked applications for quick access to funds
Helping You Understand Your Relief Options
We know this is a challenging time, and you may have questions about our 0% personal loan and mortgage payment assistance programs. Below, we’ve answered some of the most common questions to help you understand eligibility, terms, and how to apply. If you don’t see your question here, please reach out to your local branch — we’re here to help.
Who is eligible for the 0% personal loan?
This loan is available to Cape & Coast Bank customers who are federal employees or federal contractors affected by the government shutdown. Applicants must have an active deposit account with Cape & Coast Bank.
How much can I borrow and what are the terms?
The loan amount is based on 75% of your federal gross monthly income using your year-to-date average. You can borrow between $500 and $10,000 per furloughed employee. The loan is due in a single payment — no monthly payments — and comes with a 0% interest rate, giving you some breathing room while your pay is paused.
What documentation do I need to apply?
To apply, you’ll need:
- Two most recent paystubs showing year-to-date earnings, dated within 60 days of your application
- A Shutdown Furlough Notice (for federal employees) or a Stop Work Order (for federal contractors) issued by your agency or employer
- Proof of your Social Security Number (SSN card, W2, or first page of your federal tax return)
- An active Cape & Coast Bank deposit account
How do I apply and how quickly will I receive funds?
Visit one of our convenient branch locations to complete the loan application in person. Applications for furloughed employees are fast-tracked to provide relief as quickly as possible, so you can focus on what matters most.
Helping You Move Forward
The Cape and Islands are stronger when we support one another. If you or someone you know has been impacted by the government shutdown, our team is ready to listen and provide guidance.