To All Mega Bank customers and guests, L.A. County has issued "Safer At Home" Order for temporary prohibition of Events and Gatherings of 10 Persons or More, Closure of Non-Essential Businesses and Area (effective at 11:59 p.m. on March 19, 2020 and continue through April 19, 2020). This Order is to control the spread of the Novel Coronavirus (COVID-19) within the greater Los Angeles community.

Mega Bank is an essential business to the local community and will continue to serve the community during the spread of the Coronavirus (COVID-19). There is no higher priority than the safety of our customer's health & safety. As a precaution, the bank will suspend Saturday Branch Services at our San Gabriel and Hacienda Heights location beginning March 21, 2020 until further notice. Beginning March 23, 2020, ALL branches will open Monday thru Friday from 9:00 A.M. to 4:00 P.M. until further notice.

For more information about the order please click the following link

COVID-19 Safer at Home Order

For the latest information about COVID-19 in LA County click the following link

https://covid19.lacounty.gov/

***For loan customers, please call your Mega Bank Relationship Manager for inquiries or concerns.***

With the COVID-19 emergency, many small businesses are experiencing economic hardship as a direct result of the public health measures that are being taken to curb exposure to the virus. On March 27, 2020, the President signed the Coronavirus Aid, Relief, and Economic Security Act (the CARES Act or the Act) authorizing the SBA to temporarily guarantee loans under a new 7(a) loan program titled the "Paycheck Protection Program." (PPP)

Loans under the (PPP) will be 100 percent guaranteed by the SBA, and the full principal amount of the loans may qualify for loan forgiveness. Borrowers are eligible for a PPP loan if you have 500 or fewer employees whose principal place of residence is in the United States, or are a business that operates in a certain industry and meet the applicable SBA employee-based size standards for that industry (see full details online at SBA.gov).

An application form, instructions and documentation requirements can be viewed and printed by clicking on the link below.

• PPP Borrower Application Form & Instructions
• PPP Documentation Requirements

Please complete and email the application, along with scanned copies of the required documents list, to:

Scott Alderson at salderson@megabankusa.com (949) 390-5443
or
Morgan Kappas at mkappas@megabankusa.com (949) 357-7078.

Please give Scott or Morgan a call should you have any questions. For existing borrowers, please call your Mega Bank lending officer.

As a common practice to help protect your privacy, the bank will NEVER ask for your personal information such as account number, date of birth, social security number or address via email. Do not reply to any email or phone seeking your information or asking you to complete an email reply from Mega Bank. If you have questions or concerns, please contact your nearest branch manager. Thank you for being a customer.

The following branches will no longer provide Saturday service, effective Dec 27, 2019 for Irvine and effective Jan 31, 2020 for Arcadia. The business hours after the effective dates are Monday to Thursday - 9pm to 5 pm and Friday 9pm to 6pm. Please contact the branch should you have questions.

Click here to see the Mega Bank financial statement for 2019