Coronavirus COVID19 Stimulus Checks

Economic Impact Payments

The IRS and the Treasury Department have begun delivering a second round of Economic Impact Payments (stimulus check) for qualifying individuals as part of the Coronavirus Response and Relief Supplemental Appropriations Act of 2021.

You can check the status of your economic impact payment (stimulus check) through irs.gov/coronavirus/get-my-payment.

Frequently Asked Questions about the Stimulus Checks:

How will I get my payment?

If you are eligible to receive a payment, you will receive it in one of three ways:

    • By automatic deposit into the bank account reflected or reported on your 2019 or 2018 tax return.
    • If you have not given the IRS your direct deposit account information in the last two years you will receive a paper check from the US Treasury.
    • Note: During the last round of stimulus checks we learned that if you used a tax preparer who offered “instant” refunds, it is possible your paper check went there. You will need to contact your tax preparer for more information.
    • Instead of receiving a paper check, some customers will receive a prepaid card in the mail.

When will I get my payment?

Per the IRS and Treasury Departments, direct deposit payments may have begun appearing as “pending” in some accounts, however funds will not be available before Monday, January 4, 2021.
You might want to set up a direct deposit alert through your account online to be notified by text or email when you receive direct deposits. 

Paper checks with the pay date of Wednesday, January 6, 2021, began to be mailed on Wednesday, December 30, 2020. If you receive your check before the designated date you will not be able to cash or deposit it until the date displayed.

 

I received a check, now what?

Our lobby is open and ready to serve you! However, if you would rather keep a little more distance, you can make your deposit in our drive-thru. Don’t want to leave home? It is easy to deposit your check with our mobile banking app! 

Download our Android App | Download our Apple App


Why haven’t I gotten my payment yet?

We have no control over when you receive your payment (if it were up to us you would have it already). To learn more about eligibility and to check on your payment, visit IRS.gov/coronavirus.

 

How can I protect myself from scammers or fraud?

If you receive a suspicious email or text message, don’t respond, click on links, or open attachments! Please know that we will never ask for your confidential information (such as your card PIN, access code, or online banking password) if we reach out to you.

Should I visit the bank or call for additional information?

While it is always a pleasure to see and speak with you, our employees will not have access to the status of your economic impact payment. 

We encourage you to access your account online as a first choice for viewing account information. We will provide more information as it becomes available. In the meantime, please check  IRS.gov/coronavirus for more information.

Updated Hours for Christmas Eve & Christmas

Merry Christmas! We hope that you are able to truly enjoy the holiday season with the ones you love.


Why is Abbeville First Bank Closing at 1pm on December 24th, 2020?

We will be closing at One in the afternoon on Christmas Eve and will be closed on Christmas Day as well.  

We follow the U.S. Federal Reserve’s holiday schedule but the early closure on Thursday will allow our members to spend a little more time with their friends and family (following safe social distancing guides, of course).  We look forward to serving you again on Monday, December 28th.

What if you need us while we are closed?

1. Login Online or Use an App

This is the quickest and easiest method, you don’t even have to leave the warmth of your home! When you log in to your account online you can check balances, pay bills, move money around between accounts, set up alerts for a low balance or when a particular check clears, stop payments, and more!

Your banking abilities extend a little further, too, if you have our mobile app. It adds the ability to deposit checks right from your smartphone.
Personal Banking account apps: Apple Store or Google Play Store.
Business Banking account apps:  Apple Store or Google Play Store.

Since the U.S. Federal Reserve is still closed, some transactions will be processed the next business day. While you can perform your transactions, the money may not go through immediately.

2. ATMs

If you simply can’t wait to make a cash deposit or withdrawal, our ATMs are always available 24 hours a day, 7 days a week. 

3. Come See Us Another Day

Bank holidays just mean you won’t be able to go into a branch and speak with a teller that day. Our lobby and drive-thru lines will be open and ready to serve you first thing in the morning on Thursday, November 12, 2020.

We look forward to seeing you soon.

 

Bonus: Plan ahead!

The holiday closures that Abbeville First will be following over the next week are:
Christmas Eve: We will be closing at ONE on Thursday, December 24, 2020
Christmas Day: Friday, December 25, 2020
New Years Day: Friday, January 1, 2021

Keeping Your Money Safe while Shopping this Holiday Season

There’s no need to worry about shopping online this December. Keep reading for 5 tips on how to keep your accounts safe while shopping online this holiday season and all year long! 


1. Do your research and know who you’re shopping with.

That “perfect gift” you just saw in a Facebook Ad? Take a minute to do some research to make sure it isn’t a lump of coal. Ask others if they have shopped with that company before. Check their Facebook page for reviews. Look them up with the Better Business Bureau. Examine the website for poor grammar and/or misspelled words. Check the website’s privacy & shipping policy before providing personal or financial information.

Another way to double-check website security from the business you are purchasing from is to look at the left corner of the URL to confirm that there is a padlock icon and that the URL begins with HTTPS. These two details indicate that the site should have an extra layer of security attached to it. If those are missing abandon your cart & head over to a more trusted website! 

 

2. Use secure WiFI or a VPN

With the convenience of mobile sites and shopping apps, it can be so tempting to shop on the go. However, free (public) wireless networks make it much easier to intercept and steal your data. Go ahead & add to cart but wait till you get home to enter your payment information. Or just use the data connection on your phone. It’s significantly more secure than public WiFi. 

If you’re still worried, take the extra step of using a virtual private network (VPN). A VPN encrypts all the data coming in and out of your device, so no one can snoop on your internet activity and steal the information you input online, including logins and payment information.

 

3. Check statements regularly.

The holidays are prime time for scammers to make unauthorized charges on stolen cards. While you are busy shopping (online and in-person) for the ones you love, it can be easy to miss one purchase you didn’t make. Often we think that it’s one our spouse made or we just don’t remember who it’s for. 

Be sure to follow St Nick’s example and check your list twice! You can even set up account alerts and quickly dispute any purchases that you did not authorize. Keep your receipts (paper and email) to compare them against your statements.

 

4. Keep It Simple

One way to manage all your holiday shopping is to use the same card and email account for all of your holiday shopping. Using one email makes it easier for you to spot phishing emails and to keep track of your online orders in case something gets lost in the mail. Using a separate card from your everyday spending helps you keep a closer watch on exactly how much you have bought and has the added benefit of being able to quickly suspend activities without impacting anything else if the card gets compromised.

Any trustworthy website will email you a sales confirmation after your purchase. Don’t delete these emails until the item has arrived and you know that you are satisfied. While the vendor should have a record of the sale on their end, the receipt has information that you want to be armed with should you need to call customer service or return a purchase.

 

5. Use a credit card

There are laws that limit your liability for fraudulent charges on a credit card but not as many for debit cards. Also, use a credit card when using a payment gateway such as PayPal, Google Wallet, or Apple Pay. 

The reason we suggest this is because debit cards pull money directly from your account & can lead to problems in other areas if unauthorized charges come through. 

While in cases of fraud we will make things right if someone empties your checking account, seeing your money disappear can be a lot more stressful than seeing your credit card bill. You can minimize going over your budget by using a single, low-limit credit card to make all of your online purchases. 

 

 

Bonus: You can set up text or email alerts in your account for transactions that exceed a certain amount of money or if your account goes below a certain amount. This will let you know quickly if a cybercriminal has gone on a shopping spree with your account.

Bank Closed for Thanksgiving – Thursday, November 26, 2020

Happy Thanksgiving! We are so thankful for this community and to be able to serve you.


Why is Abbeville First Bank Closed on November 26, 2020?

We follow the U.S. Federal Reserve’s holiday schedule and will be closed in honor of Thanksgiving. We will be open again & ready to serve you on “Black Friday.”

Bank holidays aren’t always the same day that people have off from work. This can lead to some of us thinking banks are closed when they really are open and vice versa.

What if you need us while we are closed?

1. Login Online or Use an App

This is the quickest and easiest method, you don’t even have to leave the warmth of your home! When you log in to your account online you can check balances, pay bills, move money around between accounts, set up alerts for a low balance or when a particular check clears, stop payments, and more!

Your banking abilities extend a little further, too, if you have our mobile app. It adds the ability to deposit checks right from your smartphone.
Personal Banking account apps: Apple Store or Google Play Store.
Business Banking account apps:  Apple Store or Google Play Store.

Since the U.S. Federal Reserve is still closed, some transactions will be processed the next business day. While you can perform your transactions, the money may not go through immediately.

2. ATMs

If you simply can’t wait to make a cash deposit or withdrawal, our ATMs are always available 24 hours a day, 7 days a week. 

3. Come See Us Another Day

Bank holidays just mean you won’t be able to go into a branch and speak with a teller that day. Our lobby and drive-thru lines will be open and ready to serve you first thing in the morning on Thursday, November 12, 2020.

We look forward to seeing you soon.

 

Bonus: Plan ahead!

The next days that Abbeville First will be closed are:
Christmas Eve: We will be closing at NOON on Thursday, December 24, 2020
Christmas Day: Friday, December 25, 2020
New Years Day: Friday, January 1, 2021

Bank Closed in Honor of Veteran’s Day – Wednesday, November 11, 2020

Happy Veterans Day to our soldiers, both past and present. We owe you our thanks, but more than that, we owe you our freedom.


Why is Abbeville First Bank Closed on November 11, 2020?

We follow the U.S. Federal Reserve’s holiday schedule and will be closed in honor of Veteran’s Day. 

Bank holidays aren’t always the same day that people have off from work. This can lead to some of us thinking banks are closed when they really are open and vice versa.

What if you need us while we are closed?

1. Login Online or Use an App

This is the quickest and easiest method, you don’t even have to leave the warmth of your home! When you log in to your account online you can check balances, pay bills, move money around between accounts, set up alerts for a low balance or when a particular check clears, stop payments, and more!

Your banking abilities extend a little further, too, if you have our mobile app. It adds the ability to deposit checks right from your smartphone.
Personal Banking account apps: Apple Store or Google Play Store.
Business Banking account apps:  Apple Store or Google Play Store.

Since the U.S. Federal Reserve is still closed, some transactions will be processed the next business day. While you can perform your transactions, the money may not go through immediately.

2. ATMs

If you simply can’t wait to make a cash deposit or withdrawal, our ATMs are always available 24 hours a day, 7 days a week. 

3. Come See Us Another Day

Bank holidays just mean you won’t be able to go into a branch and speak with a teller that day. Our lobby and drive-thru lines will be open and ready to serve you first thing in the morning on Thursday, November 12, 2020.

We look forward to seeing you soon.

 

Bonus: Plan ahead!

The next days that Abbeville First will be closed are:
Thanksgiving Day: Thursday, November 26, 2020
Christmas Eve: We will be closing at NOON on Thursday, December 24, 2020
Christmas Day: Friday, December 25, 2020
New Years Day: Friday, January 1, 2021

Daylight Saving Time – Time to Set Back Your Clocks (& Money for your Future)


Where are your savings set up? Are you saving the right amount? How can you maximize your savings? Daylight Saving Time is a great reminder to evaluate your options and goals. We offer four options for savings:

1. Regular Savings:

  • A great option for starter emergency funds & short-term goals.
  • Allows you easy access to your funds when they’re needed.
  • Encourages you to consciously set aside money while preventing you from spending every penny that is “available.”

2. Premier Savings:

  • A better option for long term savings and bigger goals
  • A higher opening balance suggests that when you’ve built up your Regular Savings you can roll them over to Premier for more benefits.
  • Allows for easier access to your money than stocks, CDs, or IRAs

Consider setting up automatic transfers or splitting your direct deposits between checking and savings. Either of these savings accounts can help you reach your goals faster and keep your money safe from impulse spending.

 

3. Certificates of Deposit (CDs)

  • Useful for known long term goals. We offer a wide range of maturity dates & interest rates to suit your needs. Think of it as “freezing” your money for a specific amount of time.
  • Offers a higher interest rate than traditional savings accounts.
  • Locks in your interest rate for the term of your CD.
  • CD ladders are a popular way to spread your savings across multiple terms and interest rates. You can read more about them here.

4. Individual Retirement Accounts (IRAs)

Isn’t retirement the ultimate long-term goal?  IRAs help you look towards your future by giving you access to a wider variety of investment choices without relying solely on your 401(k) or other employer plans.

  • Offers significant tax benefits. (We recommend that you speak with a tax consultant for more information on the benefits available to you).
  • Fixed interest rates and different terms help you maximize your retirement savings.

We offer three types of IRAs to help you diversify your options:

    • Contributory IRAs grow tax-deferred and contributions can be tax-deductible
    • Rollover IRAs are created by transferring your money from a 401(k) or other retirement accounts.
    • Roth IRAs grow your money tax-free because contributions are made with money you’ve already paid taxes on.

Learn more about the different types of Savings Accounts that we offer by visiting this page or calling to speak with one of our knowledgeable staff members. We will be here to help you evaluate your options and choose the best solution for your future. The way banking should be.

Our Lobby Is Open

As of May 11th our lobby has been open for regular business. To ensure the safety of our customers and employees we are using the following guidelines:

Abbeville Main Office

    • 9:00 to 9:30 lobby opened only for customers age 60 & older and those at high risk
    • All Frontline employees will be wearing a mask
    • All customers are encouraged to wear a mask (Disposable masks are available)
    • All customers will be asked sanitize their hands when entering
    • All customers will follow social distancing measures (floor markings)
    • No more than four customers will be allowed in lobby at a time

Calhoun Falls Branch

Lobby will remain closed

Tammy Smith

Welcome Tammy Smith!

Tammy Smith

Welcome Tammy Smith!

The newest addition to our Abbeville First family joined us on June 1st. Tammy had worked in banking for three years prior to joining our team and she most recently had been working with Medshore Ambulance Service.  Tammy will be at the Drive-Thru window in our Abbeville office.

 

Stop by the Drive-Thru to say hello and help us welcome Tammy to Abbeville First.

Abbeville First Announces Lobby Closure

 

***Update: The Abbeville Office Lobby is Open***

 

 

~Original Post Below~

Dear Valued Customer,

Abbeville First Bank wants to do whatever we can to assist our local, state, and federal health officials in stemming the spread of the coronavirus while still providing needed services to our customers.  To this end, beginning 1:00 PM on Thursday March 19th, the lobbies in our Abbeville and Calhoun Falls locations will be closed to the public.  Our Drive-Thrus will remain open for normal business hours.

Access to financial service providers within the Abbeville office may be obtained on a limited basis by appointment only.  Please call 864-366-2158 during regular business hours to make an appointment.  The Calhoun Falls lobby will not be open

You may still access your accounts by using our Drive-Thurs during regular business hours, our ATMs and online banking.  If you are not currently using Abbeville First Online Banking we encourage you to register for this service at our Personal Online Banking site.  Business account owners please call the bank to set up Business Online Banking access.

Please! Do not consider coming to the Bank, or anywhere public, if you exhibit any signs of not feeling well.  Visit the CDC website for more information.

The health and welfare of our customers, employees, and community are of the upmost importance to us.  We apologize for the inconvenience this situation is causing and hope we can return to normal operations soon.

Sincerely,

Andy Timmerman

COVID-19 Announcement

We at Abbeville First Bank understand the concerns, worries and stress everyone is feeling in the community.  We are right here with you.  We all need to do our part to try to “Flatten the Curve”.  We ask our customers to limit their lobby visits by using our Drive-Thrus, ATMs (disinfected often), and online banking at our Online Services Page.

To help alleviate the stress, upon request we will defer the loan payments on any small business loans for the month of April and May.  If you have a consumer or mortgage loan and you have had a significant loss of income due to the virus crisis, we will defer your April and May payments upon request. Just call and ask.

Abbeville First’s only concern is the well-being of the community it serves, Abbeville.  We ask everyone to do their part: following the advice of the Centers for Disease Control, limit your exposure, check on your neighbors, and pray for a speedy recovery of our community, state, and nation.