Assistance During the Government Shutdown

United states Capital building at night. Sandy Spring Bank Federal and Military Assistance.


If you are a federal employee or a member of the U.S. military who has been impacted by the federal government furloughs, we are here to help you. Please stop by one of our Community Offices or give us a call at 800.399.5919 to discuss the resources that we have available.

 

Loan Assistance

If you need financial assistance, Sandy Spring Bank offers a special loan program and payment extension options.

Personal Line of Credit1

  • Line of credit up to $7,500
  • 5.50% APR for the first 60 days then as low as 10.00% APR

Payment Extensions

Talk to our financial professionals regarding special options to skip payments on your current loans with us.

Early Withdrawal from Your CDs2

Make a single penalty free withdrawal of up to $7,500.

Free Financial Counseling

Talk to one of our professionals about your financial concerns and how we may further assist you during the shutdown.

Let Us Help

Please call our Client Service Center at 800.399.5919 or visit a Community Office to learn more.


Eligibility requirements apply. All offers and loan programs are subject to change and terminate without notice.

1Introductory rate of 5.50% Annual Percentage Rate (APR) for the first 60 days. After the 60-day introductory period a standard rate applies. Standard rates may vary and are based on changes in Prime, the highest rate published in The Wall Street Journal’s “Money Rates” section on the first business day of every month. Annual Percentage Rate (APR) as of 1/7/19. Currently standard rates range from 10.00% APR (Floor Rate) to 15.40% APR (Prime plus 9.90%) and are based upon the approved credit limit. Maximum APR is 24%. Subject to credit approval, additional fees, terms and conditions may apply. Other rates and terms are available.  

2Standard early withdrawal penalties may apply after the first early withdrawal penalty is waived.

Wealth and Insurance products are not FDIC Insured, not guaranteed, and may lose value.