Skip to Content
Author: The BCW

Leave a Comment

Tompkins Mahopac BankAwards & Recognition TMB Helps More Than 840 Pandemic-affected Local Businesses

More than 840 Hudson Valley companies have received a total of $116 million under the Small Business Administration’s (SBA) Paycheck Protection Program (PPP), thanks to Tompkins Mahopac Bank’s work to expedite the program.

“Small businesses and their employees are the backbone of the local economy and are key partners to us as the Hudson Valley’s community bank,” said President and CEO Gerald J. Klein, Jr. “We wanted to do our part to support these businesses, so our team worked to process the loans as quickly and efficiently as possible. Even when that meant working nights, weekends and in between, we’re thankful to say these efforts have helped to cover payroll, interest, rent and utilities payments for local businesses and protected more than 7,000 local jobs.”
“As a small business owner with bills to pay during the pandemic, I was worried about the future of my business,” said Dr. Hongli Wang of Beacon Dental. “I owe Tompkins Mahopac Bank a debt of gratitude as I now know I have the finances to see some light at the end of the tunnel. That is because of the bank and the time they took to help me.”

Since its pandemic response also required the bank to restrict services to drive-up, ATM, phone and internet banking, staff also worked diligently to educate customers about electronic services.

“As an essential business, we know we’re fortunate to be able to stay open and accessible to customers,” Klein said. “That’s why we continue to do everything possible to support our friends and neighbors as we work hard to rebuild.”

About Tompkins Mahopac Bank
Tompkins Mahopac Bank, part of Tompkins Financial Corporation, has personalized service, local decision-making and a broad range of services for consumers and businesses. Wealth management services are provided through the offices of Tompkins Financial Advisors. Whether you prefer branch or remote mobile banking, we provide the breadth of services and local decision-making to make what’s possible a reality. Locally Focused. A World of Possibilities. More information is available at www.mahopacbank.com.

Similar Member News Items

The Osborn Pavilion in Rye has been recognized as a “Best Nursing Home” for 2024 by U.S. News & World Report, receiving a 5/5 overall rating. It is one of only four skilled nursing facilities in Westchester County to achieve a High Performing rating in both the Short-Term Rehabilitation and Long-Term Care categories. U.S. News […]

Read Article

    Tomorrow, Dec 1st at 11:30 am join me LIVE on Zoom for my FREE 45-minute “Instagram for Beginners” crash course. You’ll learn all of my best strategies for: * How to have a great profile * the BEST content to post * How to write great captions with hashtags * How to gain […]

Read Article

Ronald McDonald House of the Greater Hudson Valley (RMHGHV) recently announced their partnership for the upcoming holiday season with American Christmas by MK Illumination in Mt. Vernon. This marks the second year for this collaboration and will include a RMHGHV event to be held on Saturday, December 16th at Holiday Lane at American Christmas. Guests […]

Read Article

Become A Member

Join the county’s largest and most influential business organization today.

JOIN NOW!
The Business Council of Westchester is committed to helping businesses market, learn, advocate, and grow. Over 80 events and programs are offered every year, giving our members ample opportunity to connect and meet with businesses representatives in the Westchester community and beyond.
Back to top