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.
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.
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.
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.
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.
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).
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 2020.1,2,3
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.
Is Zoom safe? Is Alexa listening?
Everence Security Officer Rob Blucker, CISSP, CISA, offers information and best practices on using Zoom.
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.
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 sources3.
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.
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.
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.
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.
How churches are affected by COVID
Almost all U.S. congregations ceased in-person religious services in mid-March 2020 as a result of the COVID-19 pandemic, yet for the vast majority of these faith communities, their work and religious services continued online in the midst of significant uncertainty. How have congregations responded in these unprecedented times?
For businesses and nonprofits
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 sources3.
Confident fundraising in uncertain times
Read about three important principles for fundraising during difficult times from Dave Warren, Everence Vice President of National Markets.
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.
Questions?
If you have additional questions about any of these initiatives, contact your Everence representative or call 800-348-7468.
Disclosure
1 Donations to donor advised funds do not qualify for the CARES Act charitable giving provisions.
2 Everence gift plans administered by Everence Foundation.
3 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.
4 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.
Securities offered through Concourse Financial Group Securities, Inc. (CFGS), Member FINRA/SIPC. Advisory services offered through Concourse Financial Group Advisors, a DBA for CFGS, a Registered Investment Advisor. 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 Concourse Financial Group Securities, or its affiliates.
Access a copy of CFGS’s Form CRS.