COVID-19 Resources for Businesses
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Resources for Businesses Impacted by COVID-19

Governor Larry Hogan announced that the state has implemented several helpful opportunities to minimize the impact of COVID-19 on businesses in Maryland. We at Cedar Point have your best interests at heart and want to be as helpful as we can to our business members during this unprecedented time. To that end, we've compiled a few links you may find useful.

As always, if you need assistance from your credit union, please reach out at 301-863-7071. We have several options available to assist our membership at a time like this.

 
 

To learn more about our hours, how to make an appointment, using the mobile app, and our surcharge-free network of ATMs, visit our COVID-19 Response page.

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Cedar Point Resources

We have several options available to assist our membership at a time like this. We want to remind you that we also provide products and services that may help, such as:

  • Credit Cards – Fixed annual percentage rate as low as 8.00%
  • Debit Cards – $2000.00 limit per day on purchases. $500.00 limit per day for ATM withdrawals. These limits assume that funds are available in the account.
  • 33,000 surcharge-free ATMs nationwide. There are 15 surcharge-free ATMs in Calvert, 29 in Charles and 37 in St. Mary’s, as well as ATMs at each branch.

Maryland State Resources

  • RELIEF Act - The RELIEF Act of 2021 was signed into law on February 15, 2021, and includes more than $1 billion in tax relief and economic stimulus for struggling families and small businesses who are suffering as a result of the COVID-19 pandemic.
  • State guidance for businesses includes information on business closures & restrictions, financial assistance & taxes, employer & worker assistance, licensing & permitting, and other helpful resources.

St. Mary's County Resources

  • St. Mary's County Covid-19 Small Business and Nonprofit Relief Fund - This $2 million grant program helps local small businesses and nonprofits pay expenses that occur in the ordinary course of business. Small businesses and nonprofits with annual revenues under $3 million that have experienced a drop in revenue of at least 30% are eligible to apply. 

CDC & OSHA Resources

Interim Guidance for Businesses & Employers – use this to plan and responded to COVID-19. Please visit the CDC’s page for businesses to access resources on how to prepare your workplace, reduce transmission among employees, maintain healthy business operations, and maintain a healthy work environment.

OSHA Guidance on Preparing Workplaces for COVID-19 - helps classify risk levels for specific job categories, provides guidance for workers traveling abroad, and gives steps to reduce exposure risks for employees.

 

 

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