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Banks are Helping During the Government Shutdown

Banks are in the business of serving their customers, especially when unexpected hardship strikes. Even before the partial government shutdown took effect, banks across the country were prepared to help those impacted. The assistance offered to customers depending on their individual circumstances has included fee waivers, loan modifications, payment deadline extensions, payroll advances, low-rate and zero-rate loans as well as other accommodations. We applaud banks of all sizes for helping their customers during this challenging period, and encourage federal employees and others in need to reach out to their financial institutions to see what help may be available. Some of the banks offering assistance are listed below.

 

 News

 

Want to add your bank to this list? Reach out to shutdownassistance@aba.com.

 

 What Banks are Saying

 

Alpine Bank

"When our neighbors need our assistance, we will be there to help. This is the third time in the past 25 years that we have implemented this type of support to our valued federal employees. As always, we are honored to help.”
- Bob Young, Founder
Jan. 11 Blog Post​


ChoiceOne Bank

“As the local community bank, our focus is on the people in our communities. When our customers and others in our communities are struggling because of the recent government shutdown, we want to do whatever we can to help lighten this financial burden.”
- Kelly Potes, President and CEO
Jan. 14 Press Release


First State Bank of the Florida Keys

“First State Bank of the Florida Keys appreciates the service of our Coast Guard and federal employees and wants to try and ease the hardship placed on them during this shutdown. In a situation that is out of their control, we trust our Shutdown Assistance Loan will give them some peace of mind to be able to at least remain in control of their daily needs and finances.”
- Karen Sharp, President and CEO
Press Release


Huntington Bank

“We understand the financial stress created by a government shutdown. We also believe in looking out for our customers who need assistance during this time."
- Andy Harmening, Director of Consumer and Business Banking
Jan. 4 Press Release


JPMorgan Chase

“We’re here for our government worker customers whose pay may be disrupted. We all hope this will be resolved soon.”
- Thasunda Duckett, CEO of Consumer Banking
Jan. 10 Press Release


OceanFirst Bank

“As a community bank, OceanFirst wants to provide support to every mortgage customer who works for the federal government or businesses that are affected by the current shutdown. We recognize these are stressful times for these customers, many of whom are worried about meeting their mortgage and other financial obligations, especially if there is a prolonged shutdown. By offering the Mortgage Relief Program, we hope we can ease any concerns relating to their mortgage or home equity loan until they get back to work and are paid.”
- Anthony Giordano, III, Senior Vice President and Senior Operations Officer
Jan. 10 Press Release


U.S. Bank

"We understand the financial pressure that many of our customers who serve our nation are now facing, and we're here to help.”
- Andy Cecere, Chairman and CEO
Jan. 11 Press Release


Webster Bank

“Webster Bank is pleased to work with the state to provide assistance to essential workers during this time of hardship. Webster has a long history of supporting Connecticut and will work alongside other banks to assist residents during this difficult period.”
- John R. Ciulla, President and Chief of Executive Officer
Jan. 15 Press Release

Wells Fargo

“Our thoughts are with government employees who are coping with the reality of their first missed paycheck due to the government shutdown. Wells Fargo hopes to lessen the financial impact on our affected customers while also providing individual assistance for their unique needs. In addition, our $250,000 donation to seed the creation of the United for U.S. Coalition will help meet the basic needs of those facing personal hardships at this time.”
- Tim Sloan, CEO and President
Jan. 15 Press Release