What Does A Government Shutdown Really Mean for You and Your Bank?
As Congress works to find a solution, Happy State Bank will strive to keep you, our customer, informed about how the shutdown will affect your financial matters with Happy State Bank. Please know:
- First and foremost, your money is SAFE! The Federal Deposit Insurance Corporation (FDIC) is not funded as a part of the government budget and will be unaffected by the shutdown.
- The government shutdown will not affect Happy State Bank’s normal operating hours.
- Government insured mortgage loan applications (FHA, VA, USDA) that were approved before the shutdown will continue to be processed. However, applications that were NOT approved before October 1, 2013 will be delayed until the shutdown is resolved. For information about your mortgage loan application, please contact our Mortgage Loan Department at (806) 359-8811.
- Small business loans insured by the Small Business Administration (SBA) could be delayed. For more information regarding an SBA loan with Happy State Bank, please call Terry Dickerson, Vice President at (806) 373-2265. He will be happy to help.
The government shutdown will not affect the financial condition of Happy State Bank. Happy State Bank is owned by Happy Bancshares, Inc., which is privately owned by over 450 stockholders.
Thank you for allowing Happy State Bank to assist with your financial needs! We appreciate the trust and confidence you have shown in us.