Learn more about how The Trust Company of Kansas is responding to concerns about coronavirus (COVID- 19) Click here
Learn more about how The Trust Company of Kansas is responding to concerns about coronavirus(COVID-19)Click here
After two years of decreases, interest rates on federal student loans are set to increase almost a full percentage point for the 2021-2022 school year.1 The interest rates on federal student loans are reset each year after the May auction of the 10-year Treasury note.
The rates apply to new federal student loans issued on or after July 1, 2021, through June 30, 2022. The interest rate is fixed for the life of the loan.
1) The New York Times, May 28, 2021
2) U.S. Department of Education, 2021
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The Trust Company of Kansas (TCK), like other businesses, is reacting to the rapidly evolving reality surrounding the COVID-19 global pandemic. TCK falls under the ‘essential business’ definition as a ‘financial institution’ under the stay-at-home orders currently affecting its office locations. TCK will continue to provide services to our clients and the communities we serve. Our offices will remain open as long as allowable under local orders, but the health and safety of our employees and their families is of utmost importance. Many of our employees will be working remotely for the next few weeks, therefore, we ask that you please call the location you wish to visit to make an appointment.
All staff will be maintaining regular business hours to the extent possible, and can be reached by email or by phone. Contact information for each office and staff member can be found on our website, under the Staff Directory and Contact tabs.
During these times of uncertainty, The Trust Company of Kansas remains dedicated to helping our clients reach their goals.