Press Releases

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Patriot’s CEO Apologizes

Dear Patriot Software Customers, As I mentioned in my March 14th timeline update to you, your payroll and payroll-tax dollars are securely flowing again at Silicon Valley Bank (SVB). Patriot is in good shape, and our Customer Support staff is here to help you. So, you are good to go – meaning that you can […]

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CEO Letter to Customers | SVB Closure Doesn’t Stop Patriot Software

Dear Patriot Software Customers,  Payroll and payroll-tax dollars are securely flowing again at Silicon Valley Bank (SVB). Patriot is in good shape. FYI, my Team at Patriot Software has been working very long hours to support our hard-working customers taking thousands of phone calls, and I sincerely want you to know that we have your […]

Read More CEO Letter to Customers | SVB Closure Doesn’t Stop Patriot Software

An Update from Our CEO

Dear Patriot Software Customer, I’m sure you’ve heard the news that on Friday 3/10/23 the 16th-largest bank in the USA, Silicon Valley Bank (SVB), was shut down by California regulators, and it’s now under the control of the FDIC.  Up until 3/10/23, SVB was the bank that Patriot Software used for 100% of its activities. […]

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An Open Letter to Our Government

To Whom It May Concern,  I am Mike Kappel, CEO of Patriot Software in Canton, OH. I am calling on our government and lawmakers to step in and put their full weight behind SVB immediately in order to make tens of thousands of hardworking American businesses and their families whole again.  Patriot, as we call […]

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SVB Closure Is Unacceptable

Canton, Ohio Patriot Software, an online payroll and accounting company, announced today that some employee direct deposits were affected by the abrupt Silicon Valley Bank closure. In this unprecedented event, the FDIC announced Silicon Valley Bank, Santa Clara, California, was closed today by the California Department of Financial Protection and Innovation, which appointed the Federal […]

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