TFCU assists local communities during difficult times

TAUNTON, MA (April 10, 2020) — TFCU is proud to continue to support the communities we serve throughout the COVID-19 pandemic. As an approved lender for the Payroll Protection Program under the CARES Act, TFCU has processed over $1 million in loans to local small businesses in need of assistance during this time.  The Payroll Protection Program provides small businesses with funds to pay up to 8 weeks of payroll costs, including benefits. Funds can also be used to pay interest on mortgages, rent, and utilities.  For more information, please visit Completed applications can be submitted to Gary Hays, TFCU’s Commercial Lending Specialist via e-mail at

In addition to the Payroll Protection Program, TFCU has committed $250,000 in emergency loans to our membership who might be facing financial hardship at this time. Two hardship programs were recently introduced, including a special loan available for First Responders & Medical Professionals on the front lines of this ongoing situation.  For more information, or to apply for one of these programs, please visit

About Taunton Federal Credit Union

Established in 1947, and now serving over 18,000 members, TFCU is a full-service Financial Institution with branches in Taunton, New Bedford and Middleboro. In addition, TFCU participates in the CO-OP Shared Branch Network, which gives members access to more than 5,600 branches nationwide. For more information, please call (508)824-6466 or visit


Torie Sylvia, Senior Vice President of Marketing
Taunton Federal Credit Union

More News