COVID-19 Message to our Partners and Clients
As the impact of COVID-19 continues to unfold, we are keeping in mind the health and safety of our employees and the clients we serve. While we already have procedures and systems in place that allow us to work with minimal service interruption, we will continue to review our Business Continuity and Pandemic Plans. At this time, we can confirm that there has been little to no interruption to operations. To keep our employees safe, we have encouraged the postponement of work-related travel to reduce the risk of exposure. We are also exploring opportunities for further flexibility, such as increased remote work. We will continue to update you as the COVID-19 pandemic develops.
Though the coronavirus may cause a recession in the short term, it’s critical to remember that recessions are normal; in fact, we’ve had 47 of them since the US Articles of Confederation were ratified in 1781. History has proved that buying during sharp equity declines (even during recessions) has served long-term investors well, and we have continued to follow that strategy.
We are closely following recommendations from the U.S. Centers for Disease Control and Prevention, as well as state and local officials. We remain flexible during this time and feel well-poised to address the evolving situation.Learn More About Members Trust Company →