Mask Up Hoosiers

Governor Holcomb’s Executive Order Begins Monday, July 27, 2020

EFFECTIVE MONDAY, JULY 27, 2020 VISITORS WILL BE REQUIRED TO WEAR A FACE MASK TO ENTER OUR BRANCHES.

THIS STEP IS FOR THE PROTECTION OF OUR MEMBERS AND EMPLOYEES AND IS IN COMPLIANCE WITH INDIANA’S MANDATE DATED JULY 23, 2020.

The official Executive Order from Governor Holcomb has just been released. Therefore, we are providing some additional information.

Beginning Monday, July 27 all Hoosiers must wear masks at certain times in certain situations. Those situations are as follows:

• Masks must be worn by anyone over the age of eight when in indoor spaces, using public transportation or outside when not socially or physically distanced from
someone who isn’t in your household.

• Exceptions will be made for medical purposes, strenuous physical activity, eating and drinking. Masks will be strongly recommended for those ages 2-7.

• Masks must be worn over the nose and mouth.

The Executive Order becomes effective at 12:01 a.m. on Monday, July 27, 2020, and continues 30 days until 11:59 on Wednesday, August 26, 2020, unless rescinded, modified or extended by the Governor.

We may ask you to briefly pull down your mask so that we may verify your identity. Otherwise, a mask is required during the duration of your visit inside our branches.

If you are unable to wear a mask during your visit to our office, our drive ups are full service.

We all share in this health challenge and Natco will continue to focus on doing what’s best for our members, our employees, and our communities.

Mask Up Hoosiers

 

image of hand with coins

Did You Know There’s a Coin Shortage? #GetCoinMoving

First it was toilet paper, hand sanitizer, and disinfecting wipes. Then it was PPE (personal protective equipment). The latest COVID-19 shortage involves pocket change.

The coronavirus pandemic has caused a nationwide coin shortage, according to the Federal Reserve.

Reserve Chair Jerome Powell said Wednesday the shutdowns caused by the pandemic have raised concerns about circulation of coins, which the Fed’s 12 regional banks are in charge of supplying to financial institutions.

The pandemic “significantly disrupted the supply chain and normal circulation patterns for the US coin. With the partial closure of the economy, the flow of funds through the economy has stopped,” Powell said during a virtual hearing with the House Financial Services Committee. “We are working with the Mint and the Reserve Banks and as the economy re-opens we are starting to see money move around again.”

While there is  adequate coin in the economy, the slowed pace of circulation has meant that sufficient quantities of coin are not readily available where needed. With establishments like financial institutions, retail shops, restaurants, laundromats, transit authorities and other typical places where coin enters our society slowed or even stopped, the normal circulation of coin was disrupted.

Natco members, we are asking for your help!

  • Break out your piggy banks and jars of coin. Bring them into one of our offices. Use our coin counter to either exchange for bills or deposit into your Natco account. This is a free service to Natco members.
  • When cashing a check, deposit the coin and receive only the bills back.
  • Use exact change at retailers or even pay your bill with all coin.

#GetCoinMoving

#getcoinmoving

image of person holding phone and credit card with laptop in front of them

Don’t Fall Victim to Scammers

Natco always wants to help our members protect their accounts. There are several common types of scams happening to innocent people. That’s why we provide information that helps you understand how the scam works. One type of scam is called a Money Mule. Learn more about this type of scam below.

Understanding how a Money Mule scam works, can help protect you so you don’t fall victim.

Contact us immediately if you ever feel like you have become victim to a scam involving your account.

Learn more about Money-Mule-Scams now.

Congratulations Class of 2020 - Natco Cares

Congratulations to our Class of 2020 Promotion Winners

Congratulations to Alex Kenworthy and Kylah Roberts! These two graduating seniors were drawn at random for our Class of 2020 promotion. Each was presented with a check from Natco for $500!

Thank you to everyone who participated. We wish each and every graduating senior much success in their future. Contact us to learn more about products and services that will make it easy for you to continue using your Natco accounts no matter where your future takes you.

 

photo of class of 2020 promo winner - Alex Kenworthy

photo of Class of 2020 promo winner - Kylah Roberts