Supporting you during the COVID-19 outbreak

As our communities navigate the effects of COVID-19 (coronavirus), Everence® is providing resources and initiatives to help support you and your faith communities.

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Serving individuals

Each of us is affected differently by the COVID-19 outbreak. Everence offers the following resources to help you with your investments, financial wellness and other financial needs.
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Free budget and debt counseling

If you're concerned about your finances and/or paying your debts and bills, Everence offers six free, confidential sessions of budget and debt counseling through our partner, LSS Financial Counseling.

Call 877-809-0039 for English and Spanish-speaking counselors.

About the program

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Six tips for financial wellness

If you’re feeling anxiety, worry and stress about your personal finances, find some helpful tips in this article by our partners at LSS Financial Counseling.

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What to expect with the Economic Impact Payments

The Internal Revenue Service is issuing Economic Impact Payments (EIP) to qualified households through direct deposit or treasury checks. Learn more about who qualifies, how the checks come, and ways to use the cash.

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How Medicare covers the coronavirus

If you’re on a Medicare health plan, learn how Medicare covers costs related to COVID-19 and get more details about telemedicine options.

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Student loan forbearance

Through our partner, LendKey, we are offering up to 90 days administrative forbearance1 for borrowers experiencing hardship due to COVID-19.

To learn more, email care@lendkey.com or call 888-549-9050.


Email to learn more

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No ATM fees

Everence is no longer charging a fee for withdrawals at an ATM (though additional fees may be charged by the financial institution who owns the ATM).

Find a location or ATM

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Charitable giving incentives

To encourage charitable giving, the Coronavirus Aid, Relief and Economic Security (CARES) Act allows individuals who do not itemize their taxes to deduct up to $300 of cash contributions to nonprofits from their taxes in 2020.2,3,4

Learn more Tools for donors

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How the CARES Act impacts your retirement plan

The CARES Act includes some modifications and relief options related to IRAs and employer retirement plans, especially if you (or your spouse) are affected by COVID-19. The act also temporarily waives required minimum distributions for certain situations. 

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Is Zoom safe? Is Alexa listening?

Everence Security Officer Rob Blucker, CISSP, CISA, offers information and best practices on using Zoom.

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Serving faith communities and pastors

Our faith communities provide personal connections, hope and peace. As churches adapt to new ways to fellowship, Everence supports churches and their ministries.
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Sharing Fund increase

For the remainder of 2020, Everence is doubling the amount of eligible Sharing Fund grant money available to help churches assist those facing serious financial needs due to COVID-19 – including pastors who may be losing income due to reduced giving in the midst of the epidemic.

More about the changes Más sobre los cambios

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COVID-19 Congregational Relief Fund

Mennonite Disaster Service, Everence and Mennonite Central Committee have joined together to provide grants to help churches facing financial crisis due to the global health emergency.

Grants may be used to meet church financial needs (such as rent, mortgage, utilities, staff salaries, etc.) or to assist church families and members recover from COVID-19 hardships.

Details

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Paycheck Protection Program

The Paycheck Protection Program5 through the Small Business Administration helps businesses, nonprofits and churches with fewer than 500 employees cover qualified payroll, rent and utilities, and interest on mortgage and debt obligations.

Paycheck Protection Program loans may qualify for full forgiveness. 

Learn more

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The CARES Act and your church

To help your church make sense of the Coronavirus Aid, Relief and Economic Security (CARES) Act, Everence has compiled information and resources from trusted sources4.

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Church loan modification

Congregations with an Everence church loan may be eligible for reduced payments or a full payment deferral1

Request loan modification

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Sustaining your stewardship ministry

COVID-19 will undoubtedly have a major economic impact on your church’s finances. Get some tips on sustaining your church’s finances during this uncertain time.

Read Leer en español

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How will your church respond to crisis?

A helpful reflection on what church leaders can do to respond to an external shock - like COVID-19 - from Meredith McNabb, Associate Director of Educational Programs at Lake Institute on Faith and Giving.

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What will church look like as COVID-19 restrictions ease?

Start the discussion at your church with these 12 considerations as you prepare to reopen your church doors.

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Faith and giving in the time of COVID-19

Read the report from the Lake Institute on Faith and Giving survey of religious leaders on the impact of the pandemic and emerging economic crisis.

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For businesses and nonprofits

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Paycheck Protection Program

The Paycheck Protection Program5 through the Small Business Administration helps businesses, nonprofits and churches with fewer than 500 employees cover qualified payroll, rent and utilities, and interest on mortgage and debt obligations.

Paycheck Protection Program loans may qualify for full forgiveness. 

Learn more

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The CARES Act and your organization

To help your business or organization make sense of the Coronavirus Aid, Relief and Economic Security (CARES) Act, Everence has compiled information and resources from trusted sources4.

Read

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Confident fundraising in uncertain times

Read about three important principles for fundraising during difficult times from Dave Warren, Everence Vice President of National Markets.

Read

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Faith and giving in the time of COVID-19

Read the report from the Lake Institute on Faith and Giving survey of religious leaders on the impact of the pandemic and emerging economic crisis.

Read

Questions?

If you have additional questions about any of these initiatives, contact your Everence representative or call 800-348-7468.

Disclosure

1 Interest on loans and credit card finance charges will continue to accrue during forbearance.

Donations to donor advised funds do not qualify for the CARES Act charitable giving provisions.

Everence gift plans administered by Everence Foundation.

Information contained on this page related to federal legislation is for general educational purposes only. It is not intended to serve as legal, accounting or other professional service or advice. Additionally, due to the nature of the U.S. legal system, laws and regulations constantly change. If legal advice or other expert assistance is required, consult with a competent legal, accounting and/or financial professional.

5 For the Paycheck Protection Program (PPP), eligible nonprofits, churches and businesses are permitted to apply for the lesser of 2.5 months of payroll costs or $250,000 through Everence. Up to 100% of the loan is forgivable when funds are used for certain approved expenses and employee retention requirements are met. Churches and organizations wishing to apply for a PPP loan must contact an SBA-approved lender. Everence clients and Everence Federal Credit Union members may apply for this government-sponsored lending program through Everence. Other SBA-approved lenders may be found at sba.gov.

The situation surrounding COVID-19 is evolving and, therefore, the subject matter discussed on this page may change on a daily basis.

All information is based on sources deemed reliable, but no warranty or guarantee is made as to its accuracy or completeness. Neither the information nor any opinion expressed herein constitutes a solicitation for the purchase or sale of any securities, and should not be relied on as financial advice. Past performance is no guarantee of future results. All investing involves risk, including the potential loss of principal, and there can be no guarantee that any investing strategy will be successful.

Advisory services offered through Investment Advisors, a division of ProEquities Inc., Registered Investment Advisors. Securities offered through ProEquities Inc., a registered broker-dealer, member FINRA and SIPC. Investments and other products are not NCUA or otherwise federally insured, may involve loss of principal and have no credit union guarantee.

Products and services offered through Everence Trust Company and other Everence entities are independent of and are not guaranteed or endorsed by ProEquities Inc., or its affiliates.