Government Shutdown Assitance

A federal government shutdown happens when lawmakers are unable to reach an agreement on funding legislation before the current fiscal year ends. This can lead to furloughs for federal employees and disruptions that affect daily life. 

A federal government shutdown happens when Congress fails to pass the necessary funding legislation, known as appropriations bills, to keep government operations running. Without this funding, many federal agencies are forced to partially or fully close, and non-essential federal employees may be furloughed (temporarily laid off without pay).

• What it affects: Some government services pause or slow down, and federal workers may not receive pay until the shutdown ends.
• What it doesn’t affect: Essential services like banking operations, national security, air traffic control, and mail delivery usually continue.

We are available to discuss the options you have and the assistance you are eligible to receive. Please contact your relationship manager or local branch to discuss your options.

To discuss your eligibility and how Old Point can support you during a government shutdown, please contact your relationship manager or local branch.

No, a federal government shutdown will not impact your everyday banking with Old Point. Your access to ATMs, direct deposits, and all standard banking services will continue without interruption. Most importantly, your money remains safe and protected. FDIC insurance and other safeguards are firmly in place and are not dependent on congressional funding. We're here for you, just as always.

Your accounts will still be FDIC-insured and operational during a government shutdown.