May 1, 2021
Moody Bank is no longer accepting applications for new PPP funding. We are still processing all applications that were previously submitted. Please contact your banker with any additional questions regarding the PPP loan process.
April 9, 2021
The SBA Paycheck Protection Program has been extended to May 31, 2021. However, the SBA estimates that funding will be exhausted by the end of April. Moody Bank will continue accepting PPP loan applications through our online portal through April 30 to allow time for processing all applications prior to the SBA deadline, assuming SBA-allocated funding remains available through that time.
Please note that demand for PPP loans may exceed the available funds and, as a result, not all applications submitted to Moody Bank may be registered with the SBA before funds are exhausted. If you are planning on applying for a PPP loan, we encourage you to do so as soon as possible.
A link to our online portal, along with further information on Paycheck Protection Program loans can be found on our website at www.moodybank.com/coronavirus/ppp2. Please contact your banker with any additional questions regarding the PPP loan process.
March 30, 2021
The government has extended the deadline for submitting Paycheck Protection Program loan requests to May 31, 2021. Moody Bank will continue accepting PPP loan applications at this time; please stay tuned for further updates regarding our application deadline.
March 9, 2021
Last week we shared with you newly released PPP loan applications. Effective today, March 9, 2021, all applications have been updated in our online portal. If you wish to apply for first or second draw PPP funding, please complete the application online at https://onlineapplication.wolterskluwer.com/ola/servlet/SmartForm.html?formCode=pppq&clientID=12966TheMoodyNationalBankofGalveston. Updated applications are available for all borrowers, including sole proprietors and self-employed borrowers filing a Schedule C.
Per directive from President Biden, we cannot submit applications for businesses with 20 or more employees until March 10, 2021.
Thank you for choosing Moody Bank. A link to our online portal, along with further information on Paycheck Protection Program loans can be found on our website at www.moodybank.com/coronavirus/ppp2. Please contact your banker with any additional questions regarding the PPP loan process.
March 5, 2021
We are excited to share that the SBA recently released new loan amount calculations for sole proprietors and self-employed individuals who file a Schedule C. The primary change is that loan amount calculations will now be based on gross income (Line 7) for these borrowers. This change affects both first and second draw applications effective March 5, 2021.
Schedule C borrowers looking for a first draw PPP loan (have not previously received PPP funding) can find the application here: https://www.sba.gov/document/sba-form-2483-c-ppp-first-draw-borrower-application-form-schedule-c-filers-using-gross-income
Schedule C borrowers looking for a second draw PPP loan can find the application here: Paycheck Protection Program: Second Draw Borrower Application Form for Schedule C Filers Using Gross Income, March 3, 2021 (treasury.gov).
The SBA also released new applications for traditional borrowers looking for both first and second draw loans. The new applications were released March 5, 2021. If you have already submitted an application but have not heard from a banker yet, one of our bankers will contact you next week.
For borrowers looking to submit a first or second draw application, updated forms should be available on our portal soon. Applying through our portal is the simplest way to apply for PPP funding with Moody Bank. However, if you wish to apply immediately, you may complete the appropriate application via the links below and submit your application along with all required supporting documents directly to your banker.
First draw PPP loan (have not previously received PPP funding): https://www.sba.gov/document/sba-form-2483-ppp-first-draw-borrower-application-form
Second draw PPP: https://www.sba.gov/document/sba-form-2483-sd-ppp-second-draw-borrower-application-form
Per guidance from President Biden, we cannot submit applications for businesses with 20 or more employees until March 10, 2021.
Thank you for choosing Moody Bank. A link to our online portal, along with further information on Paycheck Protection Program loans can be found on our website at www.moodybank.com/coronavirus/ppp2. Please contact your banker with any additional questions regarding the PPP loan process.
January 22, 2021
PPP Loan Forgiveness Update
As part of the COVID-19 Relief Agreement, the SBA has released a 1-page forgiveness application for PPP loans under $150,000. This one-page application, previously only available for borrowers with loans of $50,000 or less, will simplify the loan forgiveness process for qualified borrowers.
Borrowers with a PPP loan of $150,000 or less may apply for forgiveness any time by signing this form and submitting it to your banker via email, mail or dropping off at one of our banking centers.
If using the one-page forgiveness application, you will not need to submit any additional documentation along with your application, but will need to retain all records necessary to prove compliance with Paycheck Protection Program Rules for four years for employment records and three years for all other records.
For additional resources related to the PPP loan forgiveness process, please visit our PPP Forgiveness webpage at www.moodybank.com/coronavirus/PPP-forgiveness.
Fraud Alert
It has come to our attention that some borrowers have received correspondence from other financial institutions with offers of additional funding available. This correspondence often contains information regarding their original PPP loan, including loan amount and financial institution with whom the first PPP loan is held. Moody Bank has not mailed any correspondence soliciting PPP borrowers to apply for additional funding.
If you’d like to apply for a second draw PPP loan, please apply using our online portal. A link to the portal and more information on second draw PPP loans can be found at www.moodybank.com/coronavirus/PPP2.
January 5, 2021
Moody Bank plans to participate in the next round of PPP funding; however, the SBA is still working on the process and we are not yet ready to accept applications. We anticipate the process opening mid-January and will notify customers once the portal opens. Thank you for your patience!
December 23, 2020
Congress recently approved a bipartisan COVID-19 Relief Agreement which will impact the PPP loan program, among other issues affected by the pandemic. Our management team is actively working with our state banking agencies to review the 5,500+ page document passed by Congress to determine the impact on our customers. We will reach out to you with more information once we receive guidance from the SBA and as we know more regarding the details of this bill. We thank you for your patience and wish you a wonderful holiday season.
December 2, 2020
Fraud Alert
It has come to our attention that some third-party businesses are using publicly-released data to solicit business from PPP borrowers, specifically referencing the name of the lending institution. Some of these businesses are not disclosing that they are unaffiliated with the PPP lender, and others are implying a business relationship where none exists.
We will periodically email our PPP borrowers with information and updates to the Paycheck Protection Program. While some emails come through our corporate office and some are sent individually from your banker, both will be branded with the Moody Bank logo and will be sent from a Moody Bank email address.
If you receive communication regarding a PPP loan, please be sure it came from a Moody Bank email account before responding or clicking on any links. If you have any concerns over electronic communication, please call your banker to confirm the validity of the communication.
December 1, 2020
A federal judge has ordered the Small Business Administration (SBA) to release the names, addresses, and precise loan amounts for all Paycheck Protection Program (PPP) loan recipients and all COVID-19 related Economic Injury Disaster Loan (EIDL) recipients. This information was ordered to be publicly released on December 1, 2020. Earlier this year, the SBA released less specific loan information at the request of Congress.
Please note that banks participating in the PPP loan program, including Moody Bank, played no role in the decision to release this information; however, given the significant taxpayer funds utilized by these SBA programs, the disclosure of loan details is not unprecedented.
November 30, 2020
As our region continues to see an increase in COVID-19 cases, we have decided to close the lobby at the following banking centers effective Tuesday, December 1, 2020:
Bay Area Banking Center | 1010 Bay Area Boulevard | Houston | 281-998-6466
Clear Lake Banking Center | 1100 Bay Area Boulevard | Houston | 281-998-5645
Energy Corridor Banking Center | 850 N. Eldridge Parkway | Houston | 281-998-6441
Friendswood Banking Center | 408 West Parkwood Avenue | Friendswood | 281-998-6440
Seabrook Banking Center | 2338 NASA Road 1 | Seabrook | 281-998-6400
Shadow Creek Banking Center | 2940 Broadway Bend | Pearland | 281-998-6800
South Shore Banking Center | 2901 South Shore Boulevard | League City | 281-998-5600
Sugar Land Banking Center | 7610 Highway 90A | Sugar Land | 281-998-6700
Pasadena Banking Center | 6003 Fairmont Parkway | Pasadena | 281-998-6746
Texas City Banking Center | 7940 Emmett F. Lowry Expressway | Texas City | 409-632-5530
ATMs, night deposits and drive-through operations will remain open. Normal drive-through hours of operation (8:30am to 5:30pm) continue at all locations. Please contact your banking center at the phone number above if you need to access your safe deposit box.
The following banking centers continue operations with normal lobby and drive-through hours:
Austin Capitol Banking Center | 400 West 15th Street | Austin | 512-776-8905
Galveston Downtown Banking Center | 2302 Postoffice Street | Galveston | 409-632-5350
Galveston Seawall Banking Center | 6820 Seawall Boulevard | Galveston | 409-632-5115
Lake Jackson Banking Center | 128 Oyster Creek Drive | Lake Jackson | 281-998-6701
New Braunfels Plaza Banking Center | 401 Main Plaza | New Braunfels | 830-743-9555
Victory Lakes Banking Center | 1555 West FM 646 | Dickinson | 281-998-6726
We encourage all customers to utilize our online and mobile banking tools. To enroll in online banking, visit https://my.moodybank.com/enroll. If you are new to online banking, you can find a list of frequently asked questions and helpful resources at https://www.moodybank.com/resources/online-banking-faqs.
Please do not hesitate to reach out to any of our bankers via phone or email if you have questions or concerns. We appreciate your understanding as we continue adapting to the ever-changing environment. Along with the health and safety of our customers and employees, continuing to provide unparalleled customer service remains our top priority.
October 19, 2020
The Small Business Administration released a streamlined loan forgiveness application for Paycheck Protection Program loans totaling $50,000 or less (Form 3508S). The Interim Final Rule established de minims exemptions from the full-time equivalent (FTE) employee reduction penalty and from the employee salary and wages reduction penalty for PPP loans of $50,000 or less.
What this means for our borrowers
If your total PPP loan is $50,000 or less:
For borrowers with PPP loans over $50,000, there are no changes to the forgiveness process at this time. We will continue to keep you updated with any future changes and our bankers are available if you have any further questions.
October 5, 2020
PPP Forgiveness Update
As a reminder, our PPP online forgiveness portal is now open. As we move through the forgiveness process, there are a few changes and other information we’d like to share with you.
Payment Deferral Period
Initially, the SBA allowed for a six (6) month PPP loan payment deferral period, thus the first payment would come due on the seventh month after loan disbursement.
The SBA later amended the deferral period to read: “If the borrower does not apply for loan forgiveness within 10 months after the last day of the covered period, or if SBA determines that the loan is not eligible for forgiveness (in whole or in part), the PPP loan is no longer deferred and the borrower must begin paying principal and interest.”
Following that adjustment, we incorrectly interpreted this amendment. We now understand and should clarify that if your PPP loan is not forgiven in its entirety, then your first payment will be due seventeen (17) months from the date of loan disbursement, based on a total of sixteen (16) month deferral period.
For further details, please read the SBA document Business Loan Program Temporary Changes; Paycheck Protection Program – Revision to Loan Forgiveness Interim Final Rule and SBA Loan Review Procedures Interim Final Rule.
Covered Rent Payments
If the PPP borrower pays rent to a related entity (any business, corporation, partnership, limited liability company or other entity in which the Company or a Parent or Subsidiary of the Company holds a substantial ownership interest, directly or indirectly), only the mortgage interest paid by the related entity will be eligible for forgiveness. Documentation must be provided showing that the related entity (a) obtained the mortgage prior to February 15, 2020 and (b) the amount of mortgage interest paid during the covered period. For full details, please see the SBA’s document Business Loan Program Temporary Changes; Paycheck Protection Program – Treatment of Owners and Forgiveness of Certain Nonpayroll Costs.
If you have any questions or need additional resources, please access our PPP Forgiveness Resources webpage at www.moodybank.com/coronavirus/ppp-forgiveness. Our bankers are also available for any questions or concerns.
Thank you for choosing Moody Bank!
September 21, 2020
Lobby Re-Openings
UPDATE: Beginning Monday, September 28th, we plan to reopen our Austin Capitol Banking Center and New Braunfels Plaza Banking Center with normal business hours. The remaining banking centers are scheduled to reopen with normal business hours on Monday, October 5th.
Per Governor Abbott’s orders, we ask all customers and visitors age 10 and older to wear a face-covering while inside our lobbies. We may ask you to briefly remove your face covering to verify your identity before entering our building.
We have implemented several protective measures at all locations. All lobbies are outfitted with sneeze guards at teller lines and lobby desks. We also have sanitizing solutions available to our customers and signage throughout the lobby encouraging social distancing. All locations are well stocked with cleaning and disinfecting supplies and our employees have been trained to clean frequently touched and shared surfaces throughout the day.
Additionally, coffee bars and water kiosks will not be available and candy dishes and magazines have been removed. Additionally, the number of customers and staff in our lobbies will be limited. If our lobby is at capacity, we may ask you to wait in your car until we are ready to serve you.
We are excited to see you again and want to ensure everyone remains safe and healthy. We encourage you to continue using our online, mobile, and telephone banking services for your everyday needs. Drive-through banking also offers you the option to conduct your banking business in the comfort of your vehicle.
For a full list of the lobby and drive-through locations and hours, please visit us at www.moodybank.com/about-us.
The safety of our customers and our employees remains our top priority as we carefully reopen our locations and return to a new normal. Thank you for adhering to social distancing practices and we look forward to seeing you again soon!
September 18, 2020
PPP Forgiveness Update
Our online PPP loan forgiveness portal is now open! Please review our document checklist before accessing the portal. The checklist provides an overview and explanation of the documents you will need to upload in conjunction with your forgiveness application. Additionally, please complete our forgiveness calculator and submit with your loan forgiveness application in order to expedite the loan forgiveness process. The checklist and calculator can be accessed at www.moodybank.com/coronavirus/ppp-forgiveness.
Once you’ve gathered the information and documentation needed to submit your forgiveness request, please click HERE to be directed to the portal where you can start the forgiveness application process.
Once you arrive at the portal, you will be required to enter the email address used on your original PPP loan application. You will then receive a follow up email with a link to verify your authority to process the forgiveness application on behalf of your company. You will need to provide the following information in order to confirm your identity and gain access to the portal:
The questionnaire should take less than 30 minutes to complete once you gather all the necessary information. Much of the information will be pre-filled upon login. If you need to exit the portal before submitting your application, please note that you will receive an email with a 7-digit alpha-numeric code to use on your next login. This code allows you to access the portal again without losing any progress made on a previous login. You will receive a new code each time you exit the portal without submitting your application.
Once you complete and submit the questionnaire and upload all supporting documentation, our bankers will review everything and reach out if further information is needed. Upon successful completion of the forgiveness questionnaire, our team will contact you via email to e-sign the forgiveness application.
We will submit your forgiveness application to the SBA within 60 days of receipt. The SBA then has 90 days to render a final decision. We appreciate your patience as this process may take some time to complete!
If you have not yet returned the original PPP loan documents (i.e. promissory note, resolution, etc.), please be sure to get these to your banker as soon as possible.
If you have any questions or need additional resources, please access our PPP Forgiveness Resources webpage at www.moodybank.com/coronavirus/ppp-forgiveness. Our bankers are also available for any questions or concerns.
September 7, 2020
PPP Frequently Asked Questions,
Click here for a list of frequently asked questions regarding PPP loans and forgiveness.
August 31, 2020
PPP Forgiveness Update
As we close out another month, we remain hopeful Congress will sign the industry-backed, bi-partisan agreed-upon auto-forgiveness for PPP loans of $150,000 and less. If passed, any PPP loan under $150,000 could be forgiven with a simple one-page attestation, thus eliminating the need for borrowers to complete the full PPP forgiveness application. Congress is scheduled to resume on September 8, 2020 and we should know more once they meet.
In the meantime, we’d like to share some important information regarding loan forgiveness:
We will launch our online forgiveness portal to all PPP borrowers soon and will continue to update you as more information becomes available. As always, please do not hesitate to reach out to your banker with any questions or concerns.
August 7, 2020
PPP Forgiveness Update
We previously mentioned proposed legislation which would expedite the forgiveness process for PPP borrowers with loans of $150,000 or less. This legislation has not yet passed, but we are hopeful it will be approved soon.
Although the SBA will begin accepting forgiveness applications on Monday, August 10th, we plan to launch our online forgiveness portal once Congress has finalized their decision. We encourage you to wait on this ruling before applying for forgiveness.
Our team is monitoring changes daily. Once Moody Bank’s forgiveness portal opens, we will contact all PPP borrowers with detailed instructions for applying for PPP loan forgiveness through our easy-to-use online portal.
As stated before, we truly appreciate your patience and understanding as we adapt to the many changes to the Paycheck Protection Program. All updates can be found on our website at www.moodybank.com/coronavirus. If you have any questions or concerns, please don’t hesitate to contact one of our bankers.
July 24, 2020
PPP Forgiveness Update - SBA to Open Forgiveness Portal August 10
We received notice late yesterday that the SBA will open their forgiveness portal to financial institutions on Monday, August 10th in order to process SBA PPP forgiveness applications. We will send detailed instructions on how to apply for forgiveness in the next two weeks.
We also want to inform you of the proposed legislation in both the House and the Senate which would expedite the forgiveness process for PPP borrowers with loans of $150,000 or less. We are hopeful this legislation will pass and further streamline the forgiveness process for many of our borrowers.
We truly appreciate your patience and understanding as we adapt to changes to the Paycheck Protection Program. Our team continues to closely monitor proposed legislation and all updates can be found on our website at www.moodybank.com/coronavirus. If you have any questions or concerns, please don’t hesitate to contact one of our bankers.
July 2, 2020
PPP Forgiveness Update
As we move into July, we are closer to releasing our PPP forgiveness application as we wait for
the SBA to begin accepting applications for loan forgiveness. Congress continues proposing changes to the PPP loan forgiveness process and we want to make the forgiveness application process as simple and efficient as possible for our customers. We will continue providing weekly status updates and will notify you by email and on our website once the application process is available.
As we shared last week, here are a few pieces of information to keep in mind:
As always, we appreciate your patience and understanding as we adapt to changes to the Paycheck Protection Program. All updates can be found on our website and our bankers are available to answer any additional questions.
June 21, 2020
A Note to Our Customers
As the number of new cases of COVID-19 continues to rise in southeast and central Texas, our management team has decided to close all banking center lobbies effective Monday, June 22, 2020. ATMs, night deposits, and drive-through operations remain open. Normal drive-through hours of operation continue at all locations and our bankers remain available in-person by appointment, or through email and over the phone. A full list of drive-through hours and phone numbers for each banking center can be found below or on our website at www.moodybank.com/about-us under “Locations.”
If you need to access your safe deposit box or conduct any other in-person banking, please contact your banking center at the phone number listed below to set an appointment. We encourage all customers to utilize our online and mobile banking tools. You can enroll in online banking on https://my.moodybank.com/enroll. If you are new to online banking, you can find a list of frequently asked questions and helpful resources at https://www.moodybank.com/resources/online-banking-faqs.
Our leadership team meets regularly to monitor developments in the COVID-19 pandemic and will continue adjusting business operations as needed to ensure the safety of our customers, employees and community. All updates will be made available by email and online at www.moodybank.com/coronavirus. As always, thank you for trusting Moody Bank and for your flexibility and understanding.
Banking Center Phone Numbers and Drive-Thru Hours
Austin Capitol Banking Center* | 512-776-8905 | Appointment Only
Clear Lake Banking Center | 281-998-5645 | M-F 8:30am-5:30pm Sat: 9am-12pm
Energy Corridor Banking Center | 281-998-6441 | M-F 8:30am-5:30pm Sat: 9am-12pm
Friendswood Banking Center | 281-998-6440 | M-F 8:30am-5:30pm | Sat: 9am-12pm
Galveston Downtown Banking Center | 409-632-5350 | M-F 8:30am-5:30pm
Galveston Seawall Banking Center | 409-632-5115 | M-F 8:30am-6:00pm Sat: 9am-12pm
Lake Jackson Banking Center | 281-998-6701 | M-F 8:30am-5:30pm Sat: 9am-12pm
New Braunfels Plaza Banking Center* | 830-743-9555 | Appointment Only
Pasadena Banking Center | 281-998-6746 | M-F 8:30am-5:30pm
Seabrook Banking Center | 281-998-6400 | M-F 8:30am-5:30pm
Shadow Creek Banking Center | 281-998-6800 | M-F 8:30am-5:30pm
South Shore Banking Center | 281-998-5600 | M-F 8:30am-5:30pm Sat: 9am-12pm
Sugar Land Banking Center | 281-998-6700 | M-F 8:30am-5:30pm
Texas City Banking Center | 409-632-5530 | M-F 8:30am-5:30pm Sat: 9am-12pm
Victory Lakes Banking Center | 281-998-6726 | M-F 8:30am-5:30pm Sat: 9am-12pm
*There is no drive-thru located at the Austin Banking Center or the New Braunfels Banking Center. Staff will be onsite and available for appointments during normal business hours of 9:00am to 5:00pm.
Sincerely,
Victor Pierson
President and CEO
Moody Bank
June 15, 2020
Last week, we shared information about the SBA Paycheck Protection Program Flexibility Act of 2020.
We are still finalizing a platform that will streamline and simplify the forgiveness application process. We are hopeful this will be completed and ready for internal testing on Friday, June 19. Once the platform is ready and the SBA has opened the forgiveness application portal, we will send you a link and information on the forgiveness application process. This link will also be made available on this webpage.
The SBA is not yet accepting forgiveness applications. Given the likelihood of a revised forgiveness application in the coming days, we strongly encourage you to wait until our forgiveness platform is finalized and released rather than spending your valuable time on an application that may become non-compliant and outdated. Unlike PPP funding, PPP forgiveness is not granted on a first-come, first-served basis. Rest assured you will have access to our forgiveness platform with ample time to apply for loan forgiveness before any payments come due.
Moody Bank is here to assist you with your PPP loan forgiveness process. Should you have any other questions, please contact your banker or local banking center directly or reach our customer service line at (855) 259-8075. For a full listing of our locations please visit www.moodybank.com/about-us.
June 8, 2020
Thank you for choosing Moody Bank to process and service your SBA Paycheck Protection Program loan. We are proud to be able to assist you and our community during this difficult time.
President Trump has signed The Paycheck Protection Program Flexibility Act of 2020, which implements several changes to the Paycheck Protection Program, including:
We are actively working on a platform to streamline and simplify the forgiveness application process. Although the Paycheck Protection Program Flexibility Act created a brief delay in completion, we expect this tool to be available soon. Once complete, we will email you instructions on applying for forgiveness.
Moody Bank is here to assist you with your PPP loan should you have any other questions. Please contact your banker or local banking center directly, or you can reach our customer service line at (855) 259-8075. For a full listing of our locations please visit www.moodybank.com/about-us.
May 28, 2020
Beginning Monday, June 1st, all Moody Bank lobbies will reopen with normal business hours.
To protect the health of our customers and employees, we have implemented several protective measures at all locations. All lobbies are outfitted with sneeze guards at teller lines and lobby desks. We also have sanitizing solutions available to our customers and signage throughout the lobby encouraging social distancing. All locations are well stocked with cleaning and disinfecting supplies and our employees have been trained to clean frequently touched and shared surfaces throughout the day.
Along with the new additions, you may also notice a few things are missing. Coffee bars and water kiosks will not be available and candy dishes and magazines have been removed. Additionally, the number of customers and staff in our lobbies will be limited. If our lobby is at capacity, we may ask you to wait in your car until we are ready to serve you.
We are excited to see you again and want to ensure everyone remains safe and healthy. We know many of our customers will wear a protective mask and we appreciate your concern for your health and safety and that of those around you. We welcome you to wear your mask when visiting our lobby but will ask you to briefly remove the mask to verify your identity before entering our building.
We encourage you to continue using our online, mobile and telephone banking services for your everyday needs. Drive-through banking also offers you the option to conduct your banking business in the comfort of your vehicle.
For a full list of lobby and drive-through locations and hours, please visit us at www.moodybank.com/about-us.
The safety of our customers and our employees remains our top priority as we carefully reopen our locations and return to a new normal. Thank you for adhering to social distancing practices and we look forward to seeing you again soon!
May 13, 2020
We plan to begin a phased reopening of our banking center lobbies on Monday, May 18th. Initially, we will open select locations with reduced hours as outlined below. The drive-through at all locations will remain open with normal hours and our staff will continue taking appointments for in-person service. We will continue monitoring developments in the COVID-19 outbreak and evolve and adapt our lobby hours as necessary.
As we prepare to welcome customers back into our lobbies, we have implemented several protective measures at all locations. Our lobbies will be outfitted with sneeze guards at teller lines and lobby desks. We also have sanitizing solutions available to our customers and signage throughout the lobby encouraging social distancing. All our locations are well stocked with cleaning and disinfecting supplies and our employees have been trained to clean frequently touched and shared surfaces throughout the day.
Along with the new additions, you may also notice a few things are missing. Coffee bars and water kiosks will not be available and candy dishes and magazines have been removed. Additionally, the number of customers and staff in our lobbies will be limited. If our lobby is at capacity, we may ask you to wait in your car until we are ready to serve you.
We are excited to see you again and want to ensure everyone remains safe and healthy. We know many of our customers will wear a protective mask and we appreciate your concern for your health and safety and that of those around you. We welcome you to wear your mask when visiting our lobby but will ask you to briefly remove the mask to verify your identity before entering our building.
We encourage you to utilize our online, mobile, and telephone banking services for your everyday needs. Our drive-throughs will also remain open and fully staffed in order to serve you from the comfort of your vehicle.
The safety of our customers and our employees remains our top priority as we carefully reopen our locations.
Scheduled re-openings effective Monday, May 18, 2020:
Downtown Galveston Banking Center
2302 Postoffice Street | Galveston TX
Lobby Hours: Monday through Friday 9:00 a.m. to 2:00 p.m.
Drive-through Hours: Monday through Friday 8:30 a.m. to 5:30 p.m. | Saturday 9:00 a.m. to 12:00 p.m.
Galveston Seawall Banking Center
6820 Seawall Boulevard | Galveston TX
Lobby Hours: Monday through Friday 9:00 a.m. to 2:00 p.m.
Drive-through Hours: Monday through Friday 8:00 a.m. to 6:00 p.m. | Saturday 9:00 a.m. to 12:00 p.m.
Victory Lakes Banking Center
1555 West FM 646 | Dickinson, TX
Lobby Hours: Monday through Friday 9:00 a.m. to 2:00 p.m.
Drive-through Hours: Monday through Friday 8:30 a.m. to 5:30 p.m. | Saturday 9:00 a.m. to 12:00 p.m.
South Shore Banking Center
2901 South Shore Boulevard | League City, TX
Lobby Hours: Monday through Friday 9:00 a.m. to 2:00 p.m.
Drive-through Hours: Monday through Friday 8:30 a.m. to 5:30 p.m. | Saturday 9:00 a.m. to 12:00 p.m.
Sugar Land Banking Center
7610 Highway 90A | Sugar Land, TX
Lobby Hours: Monday through Friday 9:00 a.m. to 2:00 p.m.
Drive-through Hours: Monday through Friday 8:30 a.m. to 5:30 p.m.
Austin Capitol Banking Center
400 West 15th Street, Suite 100 | Austin, TX
Lobby Hours: Monday through Friday 9:00 a.m. to 5:00 p.m.
New Braunfels Plaza Banking Center
401 Main Plaza | New Braunfels, TX
Lobby Hours: Monday through Friday 9:00 a.m. to 5:00 p.m.
May 11, 2020
SBA Offers Webinars on PPP Loan Forgiveness
The SBA is offering several webinars to provide information to borrowers on forgiveness of the Paycheck Protection Program loans. If you have a PPP loan and are looking for more information on the forgiveness process, we encourage you to listen in to one of the webinars. You will need Microsoft Teams to access the PPP Forgiveness webinars. There is also a daily webinar providing an overview of EIDL and PPP every day this week via Zoom along with a Spanish webinar for both the EIDL/PPP Overview and PPP Forgiveness.
PPP Forgiveness | May 11-15, 2020 | 9:00am CDT & 1:00pm CDT
Must have or download Microsoft Teams to join
Monday May 11th 9:00am
Monday May 11th 1:00pm
Tuesday May 12th 9:00am
Tuesday May 12th 1:00pm
Wednesday May 13th 9:00am
Wednesday May 13th 1:00pm
Thursday May 14th 9:00am
Thursday May 14th 1:00pm
Friday May 15th 9:00am
Friday May 15th 1:00pm
EIDL/PPP Overview | May 11-15, 2020 | 10:30am CDT
SPANISH EIDL/PPP Overview | Tuesday, May 12, 2020 | 11:00am CDT
SPANISH PPP Loan Forgiveness | Thursday, May 14, 2020 | 11:00am CST
May 6, 2020
Paycheck Protection Program - Preparing for Your Loan Forgiveness Application
If you received a loan through the Paycheck Protection Program, you are probably starting to think about how you can spend the funds in order to have your loan forgiven. While there remain some outstanding questions when it comes to the process of loan forgiveness, we wanted to reach out early to assist you in preparing your application for forgiveness and what required documents may be applicable. As the PPP dictates, loan amounts will be forgiven as long as:
Payroll costs are capped at $100,000 on an annualized basis for each employee. Additionally, not more than 25% of the forgiven amount may be used for non-payroll costs.
Funds from your PPP loan can be used for the following purposes:
All expenses falling under these categories are eligible for loan forgiveness. But you must begin preparing now for your loan forgiveness application. The following is a general breakdown of how you can begin this process during your 8-week period.
8-Weeks of Coverage
The 75%/25% Rule
Review your staffing requirements
To receive your highest loan forgiveness, you must maintain the number of employees on your payroll. The average number of FTEs per month for both the eight-week period and either a) Feb. 15 through June 30, 2019, or b) Jan. 1 through Feb. 29, 2020. The borrower elects whether to compare a) or b) to the eight-week covered period. [According to recent SBA guidance, seasonal businesses determining maximum loan amounts can compare the average number of FTEs per month during the eight-week period to either a) the period Feb. 15 through June 30, 2019, b) March 1-June 30, 2019, or c) any consecutive 12-week period between May 1, 2019 and Sept. 15, 2019.]
Keep a thorough, running list of all documentation; you will need to submit this information to Moody Bank for a complete loan forgiveness application. Items may include the following:
A successful forgiveness application is going to require good recordkeeping and bookkeeping in order to maximize your loan forgiveness amount. Keep diligent track of all eligible expenses and the accompanying documentation for this 8-week period. As we near the forgiveness period, Moody Bank will be contacting you with additional information on how to submit your forgiveness application. It is recommended that you consult with your tax advisor, legal counsel, or a bookkeeping service to assist your business if necessary.
Any outstanding balance not forgiven will continue to accrue interest at 1% for the remainder of your 2-year loan term period. Your first payment will be due six months from the date of the note. Generally, there is no prepayment penalty and you can pay off that outstanding balance at any time with no additional fees.
This information is based on what we know as of today, as the SBA/Treasury continues to update the guidelines for the PPP loan program. Additional guidance is anticipated from the Treasury and the U.S. Small Business Administration in the coming weeks. We highly encourage you to rely on the information provided by the U.S. Department of the Treasury’s “CARES Act Assistance for Small Businesses” webpage here: https://home.treasury.gov/policy-issues/cares/assistance-for-small-businesses. Please check the link frequently in order to stay abreast of any and all changes.
Moody Bank is here to assist you with your PPP loan should you have any other questions. Please contact your banker or local banking center directly, or you can reach our customer service line at (855) 259-8075. For a full listing of our locations please visit www.moodybank.com/about-us.
May 1, 2020
The COVID-19 pandemic has changed our daily lives and brought unforeseen hardships to many of our customers. At Moody Bank, we want to support you through these difficult times.
Recent regulatory changes have been made to temporarily amend Regulation D (Reserve Requirements of Depository Institutions), which previously limited convenient transfers and withdrawals from a savings account to no more than six (6) per month. Under this amendment, Moody Bank will temporarily allow unlimited withdrawals or transfers from a savings account with no fees or penalties for exceeding the six-per-month-limit.
April 29, 2020
The second phase of the SBA Paycheck Protection Plan opened Monday with $310 billion in additional funding for small businesses. Despite several technical issues with the SBA’s system, our dedicated team was able to submit every eligible PPP loan in our pipeline. To date, Moody Bank has received SBA approval of 577 PPP loans, helping save 9,837 local jobs.
Our team is in the process of reaching out to every customer who applied for a PPP loan. All approved PPP loans will fund within 10 calendar days of SBA approval. More information on the forgiveness portion of the Paycheck Protection Program will be sent out in the coming days.
To our customers who turned to Moody Bank in times of need – thank you for your patience as we worked through a process that was new to everyone. You remain our top priority and we are grateful for the opportunity to help you through this difficult time.
The COVID-19 pandemic has had profound impacts on our local businesses, our neighbors, our friends, and our way of life. Our dedicated team of bankers spent countless hours, several late nights, and many weekends working through various obstacles to ensure our customers’ needs were met. This commitment to our customers and our community has a strong 112-year history and will continue for years to come.
April 27, 2020
As Governor Abbott releases plans to reopen the Texas economy, our leadership team continues to plan for a return to our normal lobby hours. We feel it is in our customers’ and employees’ best interest to continue servicing our customers via drive-through services and in-person visits by appointment only. We have effectively served our customers’ needs with this method of operation and will gladly accommodate the individual needs of our customers if issues arise. Our leadership team continues meeting daily to review new developments and determine the best time and manner in which to reopen our lobbies.
In addition to drive-through service, we encourage customers to utilize our mobile app, online banking, and telephone banking. Updates related to the COVID-19 pandemic can be found on this page as new information becomes available.
We thank you for your patience as we continue adapting to these challenging times.
April 22, 2020
SBA Paycheck Protection Program Replenishment Status Update FAQs
I hear there’s more money in the Paycheck Protection Program – Is this true?
Not yet. On Tuesday, April 21, the Senate reached a deal approving additional coronavirus relief, inclusive of $310 billion set aside for the Paycheck Protection Program which depleted initial funding late last week. The House of Representatives could vote on the bill as early as Thursday and then President Trump will need to sign off, so the funds are not officially approved just yet.
What does that mean for Moody Bank customers?
We have worked nonstop to continue preparing PPP loan applications that did not get submitted in the first round. Our team is prepared to begin submitting the applications in our pipeline as soon as the SBA reopens their processing platform upon House approval of the bill.
Is it too late to apply for funding through the PPP program?
It’s not too late to submit a PPP application to Moody Bank, but we will prioritize submitting loan requests to the SBA in the order in which they were received. We have many loans in our pipeline from the initial round of funding that will be submitted before any new requests are sent in.
If I am approved for PPP funds, when will I receive my money?
All PPP loans will be funded within 10 calendar days of SBA approval. Your banker will contact you once we receive approval from the SBA and will coordinate loan closing and funding.
April 16, 2020
SBA Paycheck Protection Program Update
The $349 million in funding allocated to the SBA’s Paycheck Protection Program has been expended as of this morning. We are hopeful that Congress will act to appropriate more funding to this program; however, until additional funding is approved, the SBA is not accepting PPP loan applications.
According to a statement released by Treasury Secretary Steven Mnuchin and U.S. Small Business Administration Administrator Jovita Carranza, “The SBA has processed more than 14 years’ worth of loans in less than 14 days.” The statement continues, “We urge Congress to appropriate additional funds for the Paycheck Protection Program – a critical and overwhelming bipartisan program – at which point we will once again be able to process loan applications, issue loan numbers, and protect millions of more paychecks. The high demand we have seen underscores the need for hardworking Americans to have access to relief as soon as possible. We want every eligible small business to participate and get the resources they need.”
For loans requests not submitted to the SBA prior to funds being exhausted, our team will continue preparing your paperwork and will submit your application as soon as the system reopens upon lawmakers passing additional funding. If there were any issues with your application, your banker will contact you soon to make any corrections. If your loan has already been approved by the SBA, you will receive funding within 10 days of the approval.
Since the launch of the program on April 3, our team has worked day and night to process as many requests as possible. Moody Bank has helped Texas lead the nation in getting PPP small business loans approved. Through our trade associations, Moody Bank has contacted Congressional leadership asking them to take immediate action to approve additional funding for this program.
Moody Bank chose to participate in the Paycheck Protection Program in order to assist our customers, and our customers remain our top priority. We know these are stressful times and we encourage you to reach out to discuss other ways we can help. As soon as Congress provides more funding for the PPP, we will be here for you to help quickly.
April 14, 2020
Issues accessing online and mobile banking
Some of you may be experiencing issues accessing mobile and online banking. This is due to the amount of people attempting to check their accounts for stimulus deposits, thus creating an extensive amount of load on our systems. Thank you for your continued patience as we work through the process of scaling the systems to the extraordinary demand levels we are seeing. Please know that we are working diligently with our partners. We realize that our digital channels are the cornerstone of keeping you informed about your finances, so we are working around the clock to ensure your online experience returns to normal.
Stimulus payments will be direct deposited into financial institutions at the beginning of each day. If you do not see the deposit, please check again the following day. For more information about the stimulus, payments visit https://www.irs.gov/coronavirus/economic-impact-payments.
We will update you as improvements are made and you can once again fully enjoy the digital experience you have come to expect. To check account balances, transfer funds between Moody Bank accounts, make loan payments, confirm deposits, withdrawals and check status or to access transactions, we encourage you to use our telephone banking system by calling 833-571-5854.
Thank you for your patience during these unprecedented times. If you have further questions, please feel to reach out directly to our support team at 855-259-8075 or by calling your local banking center.
April 11, 2020
The SBA Paycheck Protection Program (PPP) opened just over a week ago on Friday, April 3, 2020. Despite unclear direction from the SBA and many questions left unanswered at the time of launch, our team has worked tirelessly to service our customers seeking PPP funding. As of close of business Friday, April 10, we have over 400 PPP loan applications totaling over $76 million in requested funding in our pipeline. We received clearer guidance and began funding these PPP loans late last week.
Effective Friday, April 10, sole proprietorship, independent contractors and self-employed customers are now able to apply for PPP funds. If you fall into one of these categories and wish to apply for PPP funding, please submit to your banker a completed loan application along with documentation to establish your eligibility such as payroll processor records; payroll tax filings; form 1099-MISC; or income and expenses from a sole proprietorship. If you do not have contact information for one of our bankers, please visit www.moodybank.com/about-us for a full listing of all our locations.
We are grateful for the opportunity to work with our customers during their time of need and appreciate your patience and understanding as we work through the challenges that come along with a fast implementation of a complex process. As we move into a new week, we will continue working around the clock to submit and process PPP loans.
April 5, 2020
After a brief closure of our Sugar Land Banking Center on Friday, April 3, we will reopen Monday, April 6 with our modified operating schedule (drive-through only, Monday-Friday 8:30am to 5:30pm; lobby available by appointment only).
March 30, 2020
A message from our President & CEO to our customers, friends, and community
We are living in uncharted times as we face a new normal, distanced from friends and family, many of us fearful of the unknown. Information on the coronavirus pandemic changes constantly. There is no doubt this is uncharted territory, but we are confident in the strength of Moody Bank and our ability to weather the storm.
We first opened our doors in September 1907. Since that time, we have survived two World Wars. The influenza pandemic of 1918. The Great Depression. The stock market crash of 1987. Y2K. 9/11. The financial crisis of 2008. Countless hurricanes, including Ike and Harvey in recent years. Through everything, we have supported our customers and helped our community come out stronger than before.
In times of uncertainty, you can trust Moody Bank to be there for you. We hope you stay safe and know that we are here to support you – today, tomorrow, and for years to come.
Sincerely,
Victor Pierson
President and CEO
Moody Bank
March 24, 2020
We are again able to accept all non-real estate consumer loan applications online. Visit www.moodybank.com/personl to apply. If you wish to apply for a personal COVID-19 Pandemic Relief Loan, you may apply online or call your nearest banking center. For COVID-19 Pandemic Relief Loans for businesses, please contact your banker or nearest banking center for more information.
March March 20, 2020
Due to unforeseen technical issues, we cannot currently accept loan applications online. If you are looking for a COVID-19 Pandemic Relief Loan, please contact your nearest banking center at the number below or call our customer service line at 855-259-8075. Our bankers are available to help you through the loan application process. We appreciate your understanding!
Austin Capitol Banking Center | 512-776-8905
Clear Lake Banking Center | 281-998-5645
Energy Corridor Banking Center | 281-998-6441
Friendswood Banking Center | 281-998-6440
Galveston Downtown Banking Center | 409-632-5350
Galveston Seawall Banking Center | 409-632-5115
Lake Jackson Banking Center | 281-998-6701
New Braunfels Plaza Banking Center | 830-743-9555
Pasadena Banking Center | 281-998-6746
Seabrook Banking Center | 281-998-6400
Shadow Creek Banking Center | 281-998-6800
South Shore Banking Center | 281-998-5600
Sugar Land Banking Center | 281-998-6700
Texas City Banking Center | 409-632-5530
Victory Lakes Banking Center | 281-998-6726
March 19, 2020
Moody Bank announces a loan program to assist individuals and businesses impacted by the COVID-19 coronavirus pandemic.
Moody Bank is offering a 180-day single-pay loan at a fixed 3.25% APR (annual percentage rate) to qualified borrowers (individuals and businesses) within the bank’s service areas that have been affected by the pandemic. There are no fees associated with these Pandemic Relief Loans.
Victor Pierson, Moody Bank President, and CEO, said, “In a time when the world faces more uncertainty than ever, we want you to know that Moody Bank is here for you. Our mission to build long-lasting customer and employee relationships by living our core values of respect and delivering excellent financial services is more important today than ever before.”
Helping the community in times of need is nothing new for Moody Bank. In the bank’s 112-year history, Moody Bank has supported customers through everything from natural disasters to downturns in the economy. Pierson added, “We implemented this recovery loan model after Hurricanes Ike and Harvey with great success. We passed this model on to other communities impacted by natural disasters and today it only makes sense to restart this lending program for COVID-19. It is an immediately useful recovery tool and is designed to sustain businesses and individuals throughout this difficult time.”
Individuals looking to apply for a Pandemic Relief Loan have the option to apply online at www.moodybank.com/personal. Businesses seeking relief should contact their commercial banker or local banking center for more information on how to apply. Although our lobbies are currently closed, our banking centers remain staffed for appointments, and our employees are available via phone or email. A full list of banking centers and contact information can be found at www.moodybank.com/about-us under “Locations.” Our customer service line is also available at (855) 259-8075.
All loans are subject to credit approval. Moody Bank member FDIC and is an Equal Housing Lender.
March 19, 2020
COVID-19 (coronavirus) Update
Effective immediately, all banking center lobbies are closed. ATMs, night deposits, and drive-through operations remain open. Normal drive-through hours of operation continue at all locations. A full list of drive-through hours and phone numbers for each banking center can be found below or on our website at www.moodybank.com/about-us under “Locations.”
Our bankers remain available in-person by appointment, through email, and over the phone. If you need to access your safe deposit box or conduct any other in-person banking, please contact your banking center to set an appointment at the phone number listed below.
We encourage all customers to utilize our online and mobile banking tools. To enroll in online banking, visit https://my.moodybank.com/enroll. If you are new to online banking, you can find a list of frequently asked questions and helpful resources at https://www.moodybank.com/resources/online-banking-faqs.
Please do not hesitate to reach out to any of our bankers via phone or email if you have questions or concerns. We understand that our customers and our communities are going through extraordinary circumstances as the COVID-19 pandemic evolves. Along with the health and safety of our customers and employees, continuing to provide unparalleled customer service remains our top priority.
Our leadership team continues to meet every day to monitor the situation and all updates will be made available by email and online at www.moodybank.com/coronavirus. As always, thank you for trusting Moody Bank and for your flexibility and understanding as we navigate these uncharted waters!
Banking Center Phone Numbers and Drive-Thru Hours
Austin Capitol Banking Center* | 512-776-8905 | Appointment Only
Clear Lake Banking Center | 281-998-5645 | M-F 8:30am-5:30pm Sat: 9am-12pm
Energy Corridor Banking Center | 281-998-6441 | M-F 8:30am-5:30pm Sat: 9am-12pm
Friendswood Banking Center | 281-998-6440 | M-F 8:30am-5:30pm | Sat: 9am-12pm
Galveston Downtown Banking Center | 409-632-5350 | M-F 8:30am-5:30pm
Galveston Seawall Banking Center | 409-632-5115 | M-F 8:30am-6:00pm Sat: 9am-12pm
Lake Jackson Banking Center | 281-998-6701 | M-F 8:30am-5:30pm Sat: 9am-12pm
New Braunfels Plaza Banking Center** | 830-743-9555 | M-F 8:00am-6:00pm
Pasadena Banking Center | 281-998-6746 | M-F 8:30am-5:30pm
Seabrook Banking Center | 281-998-6400 | M-F 8:30am-5:30pm
Shadow Creek Banking Center | 281-998-6800 | M-F 8:30am-5:30pm
South Shore Banking Center | 281-998-5600 | M-F 8:30am-5:30pm Sat: 9am-12pm
Sugar Land Banking Center | 281-998-6700 | M-F 8:30am-5:30pm
Texas City Banking Center | 409-632-5530 | M-F 8:30am-5:30pm Sat: 9am-12pm
Victory Lakes Banking Center | 281-998-6726 | M-F 8:30am-5:30pm Sat: 9am-12pm
*There is no drive-through located at the Austin Banking Center, but staff will be onsite and available for appointments during normal business hours of 9:00am through 5:00pm.
**New Braunfels Banking Center drive-through is located at 217 East Mill Street and will continue operation through Friday, April 10, 2020.
March 18, 2020
Effective tomorrow, March 19, 2020, we will close all banking center lobbies.
ATMs, night deposits, and drive-through operations will remain open at all locations. Drive-through hours remain unchanged at all banking centers. All drive-through hours are available on our website at www.moodybank.com/about-us under "Locations." Customers will be allowed in the lobby by appointment only; if you need to access your safe deposit box or conduct any other in-person banking, please contact your banking center to set an appointment and we will be happy to assist you.
Our leadership team continues to meet every day to monitor the situation and all updates will be made available here as soon as possible. As always, thank you for trusting Moody Bank and for your flexibility and understanding as we navigate these uncharted waters!
March 17, 2020
In following local and federal recommendations and to reduce the risk of spreading COVID-19 (coronavirus), we have made the decision to close the lobby at the following banking centers, effective Wednesday, March 18th:
Texas City Banking Center | 7940 Emmett F. Lowry Expressway | Texas City | 409-632-5530
Victory Lakes Banking Center | 1555 West FM 646 | League City | 281-998-6726
Seabrook Banking Center | 2338 NASA Road 1 | Seabrook |281-998-6746
Clear Lake Banking Center | 1100 Bay Area Boulevard | Houston | 281-998-6441
Pasadena Banking Center | 6003 Fairmont Parkway | Pasadena | 281-998-6746
Friendswood Banking Center | 408 West Parkwood Avenue | Friendswood | 281-998-6440
Shadow Creek Banking Center | 2940 Broadway Bend | Pearland | 281-998-6800
Sugar Land Banking Center | 7610 Highway 90A | Sugar Land| 281-998-6700
Lake Jackson Banking Center | 128 Oyster Creek Drive | Lake Jackson | 281-998-6701
ATMs, night deposits, and drive-through operations will remain open. Normal drive-through hours of operation (8:30am to 5:30pm) continue at all affected locations. Customers will be allowed in the lobby by appointment only. If you need to access your safe deposit box or conduct any other in-person banking, please contact your banking center to set an appointment at the phone number listed above.
The following banking centers continue operations with normal lobby and drive-through hours:
Galveston Downtown Banking Center | 2302 Postoffice Street | Galveston | 409-632-5350
Galveston Seawall Banking Center | 6820 Seawall Boulevard | Galveston | 409-632-5115
South Shore Banking Center | 2901 South Shore Boulevard | League City | 281-998-5600
Energy Corridor Banking Center | 850 North Eldridge Parkway | Houston | 281-998-6441
New Braunfels Plaza Banking Center | 401 Main Plaza | New Braunfels | 830-743-9555
Austin Capitol Banking Center | 400 West 15th Street | Austin | 512-776-8905
We encourage all customers to utilize our online and mobile banking tools. To enroll in online banking, visit https://my.moodybank.com/enroll. If you are new to online banking, you can find a list of frequently asked questions and helpful resources at https://www.moodybank.com/resources/online-banking-faqs.
Please do not hesitate to reach out to any of our bankers via phone or email if you have questions or concerns. We understand that our customers and our communities are going through extraordinary circumstances as the COVID-19 pandemic evolves. Along with the health and safety of our customers and employees, continuing to provide unparalleled customer service remains our top priority.
Any new developments will be sent via email and posted to our website at www.moodybank.com/coronavirus.
March 16, 2020
We want to assure you that Moody Bank is monitoring developments in the COVID-19 coronavirus outbreak and the potential impact on our customers and employees. Our leadership team continues to meet each morning to discuss new updates on the outbreak and new information from our federal regulating agencies. Our plans and actions are fluid and we will adapt our policies and procedures as needed.
All locations open
Currently, all our locations remain open. If we run into staffing issues or see a need to further limit person-to-person contact, we may implement drive-thru only service at our banking centers. In the event we need to close lobbies, our customers with safe deposit boxes will still have access to their box by appointment only. We will communicate any changes to our banking center hours via email and on our website at www.moodybank.com/coronavirus.
Putting customers first
We know the future is more uncertain now than ever. Rest assured that our bankers are here to help. We encourage you to reach out to us – send an email or give us a call if you want to discuss your specific financial needs and concerns.
In order to promote social distancing, we have asked our sales teams to limit visits with customers outside the bank. Please call or email your banker with any concerns and we’ll do our very best to resolve any issues as quickly as possible.
If you do come into our lobby, you will likely see our teams wiping down surfaces between transactions. Our goal is to keep our customers and employees safe and healthy.
You can call our telephone banking line 24 hours a day, 7 days a week at (833) 571-5854 to check account balances, transfer funds between Moody Bank accounts, make loan payments, confirm deposits and withdrawals, reconcile accounts, access transactions, and more.
If you have not set up online banking, we encourage you to visit https://my.moodybank.com/enroll and download our mobile app. Here you can transfer funds between accounts, manage your debit card, pay bills, reorder checks, and more. You can also deposit checks remotely with our mobile app.
Stay up to date of any changes
All updates are available on our website at www.moodybank.com/coronavirus. In our 112 years, Moody Bank has survived everything from natural disasters to downturns in the economy. The relationships we’ve built since 1907 remain stronger than ever today and together, we will get through this.
March 12, 2020
As information about the COVID-19 (Coronavirus) outbreak continues to evolve, keeping our customers and employees safe remains our top priority. We want to ensure you that our leadership team continues to monitor the outbreak and will make any necessary adjustments as new information arises. Our goal is to continue providing uninterrupted service to our customers while following recommendations from local and national health authorities.
Some measures Moody Bank has already taken include:
We encourage you to take advantage of our online and mobile banking options where you can conduct most of your daily banking business, including:
