Our COVID-19 Response

Our West Street Branch located in Danbury is currently closed and will reopen on Saturday, May 30th. Sorry for the inconvenience.

COVID-19 Update

Valuable COVID-19 Resources

Your Safety is our number one concern

We care about the health and wellbeing of our employees and customers and believe that an abundance of precaution is the best approach for us all. Our team has plans in place for such a situation, and we continue to update them based on the best guidance from the Centers for Disease Control and Prevention as well as our local and state health departments. 

We continue to disinfect our physical spaces including all ATM machines and drive-thru stations. 

Notice: As of May 19, 2020 our lobbies will remain closed. You can still do business with us. Visit our drive-up windows, give us a call, take advantage of our on-line and mobile banking, or send us an e-mail.

Banking Options Available to You

Although we are taking numerous precautions, we understand matters like this can be unsettling and want to remind you of the electronic banking options available:

  Online Banking
Mobile Banking
Telephone Banking
Check account activity, monitor transactions and balances
Transfer funds between SBD accounts
Transfer funds between SBD accounts and other institutions
Pay your bills from your computer or mobile device
Send money to anyone, anywhere via PayVeris®
Deposit checks remotely  

Click here to learn how to bank remotely

We also have convenient drive-up windows at most branch locations.  

Important Information about Electronic Transfers from Money Market/Statement Savings Accounts

The Federal Reserve Board has temporarily suspended the transfer limitations on savings
accounts in order to ensure that customers have access to all of their funds during the COVID-19
Crisis. Effective immediately, the transfer limitations associated with Money Market and Statement Savings
accounts have been suspended and you will not be charged a fee for electronic transfers that would have otherwise
exceeded the limitations during this time. Until further notice, the Transfer Limitations paragraph in your account
disclosure does not apply. If you have any additional questions please call your local branch.

COVID-19 Hardship and Loan Payment Assistance

For information on assistance due to COVID-19, please visit our Customer Assistance page.

The Small Business Administration (SBA) Paycheck Protection Program (PPP)

NOTICE: 4/24/2020- The bill for additional funding for the SBA's Paycheck Protection Program (PPP) has been passed.

In light of these circumstances, Savings Bank of Danbury will continue to accept and review PPP applications.  These applications will then be processed with the SBA once the funding is approved and available. We unfortunately cannot guarantee that every application will be funded, as funding is limited.

 If you have questions, please email SBDLoanAssistance@sbdanbury.com or call 203-830-4391.  Thank you.

As a Preferred SBA lender, we are pleased to participate in this program.  The CARES Act includes the “Paycheck Protection Program” (PPP), to support small businesses impacted by COVID-19.

We are encouraging any businesses in the Savings Bank of Danbury lending area who have been adversely impacted by COVID-19 to apply for a loan through this program.  For information on the towns in the Savings Bank of Danbury lending area CLICK HERE

For information about the Paycheck Protection Program please CLICK HERE.

For frequently asked questions about the Paycheck Protection Program please CLICK HERE

For disclosures about Savings Bank of Danbury Paycheck Protection Program applicants, please CLICK HERE.

To begin the PPP application process, please CLICK HERE.  You should follow the instructions provided to complete and submit your application.

NOTE: If you have been notified that your PPP loan application has been approved by the SBA, please call 203-830-4391 and we will assist you in opening the required PPP business checking account.

Be Aware of Fraudsters

Unfortunately, in times of uncertainty, fraudsters often take advantage of the fears surrounding the event. Go to the Federal Trade Commission’s site with specific coronavirus-related scam information.

Still have questions, click here for FAQs

Valuable Resources

As the situation evolves, these sites can be a resource for you to obtain the latest information:

For information on the IRS Coronavirus Economic Impact Payments click here.