March 26, 2020
Your Money is Safest in the Bank:
COVID-19 is causing many concerns. One thing you can count on is the safety of your money in the bank.
1. You have continued access to your funds and bank services.
You have access to your funds through in-person services and electronic tools, such as KodaMobile and Online Banking.
2. Your money is safe, secure, and insured.
The FDIC insures individual bank deposits for up to $250,000. No consumer has lost a single penny in the history of this insurance fund.
3. Your bank is prepared.
Banks are prepared for situations like a pandemic, with tested and proven business continuity plans and procedures.
4. Your bank is looking out for you, your family, and your business.
North Dakota's banks are working with customers and providing assistance. Bankers are also helping their customers apply for grants and federal assistance, such as the SBA program.
5. Your banker is listening and ready to act.
Reach out to your banker with any concerns. North Dakota's banking industry is strong and ready to help.
North Dakota Banks Association & the Independent Community Banks of North Dakota
March 19, 2020
Update: Keeping our customers and staff healthy is our #1 priority! Therefore, effective Monday, March 23rd KodaBank will temporarily close all lobbies. Business can still be conducted through our drive-ups, by phone, or by appointment. Our locations will remain fully staffed to serve your banking needs. Branches with no drive-up will service customers via phone or by appointment. Please remember to BANK SAFELY by using our drive-ups, Online Banking, and KodaMobile!
March 16, 2020
Serving our customers is our highest priority. As concerns develop and evolve with COVID-19 (the novel coronavirus), we are closely monitoring the situation and its potential impact on our operations. Be assured, we have plans in place to continue serving our customers should the situation worsen. KodaBank maintains a robust business continuity program, including a pandemic plan.
As part of this program, staff from all KodaBank branches are monitoring the circumstances closely to stay on top of the situation. This process helps us assess current conditions and the need to implement portions of our plans to assure preparedness to meet the financial needs of our customers.
The health and well-being of our customers, employees and community are vitally important to us. Our goal is to remain open at all KodaBank locations. We have emphasized to our employees the importance of staying home if they are sick, have household members who are sick, or know they have been exposed to someone who has recently been experiencing symptoms of COVID-19. Please refer to the following alternative ways to BANK SAFELY!
Thank you for your sustained support and confidence in us. We will continue to provide you with updates if conditions change, but please feel free to contact your local branch office if you have any questions or concerns.