In financial trouble? Your bank may be able to help
In financial trouble? Your bank may be able to help
Banks are working with customers impacted financially by the COVID-19 pandemic.
Customers are encouraged to contact their banks for individualized assistance.
CUSTOMERS IMPACTED FINANCIALLYBY THE PANDEMIC.
WMA━2 NEWSMALLORY SOFASTAII TELLS USWHAT KIND OF ASSISTANCETHLOCAL BANK IS RESPONDING.IF YOU COME TO HOWARD BANK &THE DRIVE THRUS ARE STIOPEN..
BUT YOUAN APPOINTMENT TO GO INSIDE.AND IF YOU HAVE ANY QUESTIONSBILLS OR THE MORTGAGEHOWARD BANK CEO WANTS YOU TOCALL THEM SO THEY CAN GO WORKWITH YOU ON WAYS TO GETTHROUGH THIS CRISIS.
THEBEGINNING OF A NEW MONTH MEANSTHE START OF A NEW BILLINGCYCLE..
AN ADDED STRESS FORTHOSE WHO RECENTLY LOST THEIRJOBS.
BUT THERECOMING FROM ENTITIES YOUEXPECTED TO PAY.
Mary AnnScully, Chairman and CEO,Howard Bank: 2:52 if youworried about mortgagepayments, we can work throughmodifications.
If youworried about the activity inyour checking account, we canlook at overdrafts, clientsthat have never experiencthese kinds of problems beforeobviously let us take carethat HOWARD BANK CEO ACHAIRMAN MARY ANN SCULLYENCOURAGES CONSUMERS FACINFINANCIAL DISTRESS TO CALLTHEIR BANKERS MS: 5:36 You canuse websites to transact, youcan use websites to apply butat the end of the day if youwant to get some kind ofcontext on whand how much you should worryor not worry, you need a humanbeing to do that AS APREFERRED LENDER FOR SMALBUSINESSESPANDEMIC HAS HAD A DEVASTINGIMPACT ON A NUMBER OF THEIRCLIENTS MS: 4:34 I call thepeople that have lost 30percent, 50 percent, 100percent of their revenues,restaurants, hotels are atground zero.
Their suppliersare right behind them thentheir landlords are rightbehind their suppliers and swthose on a daily basis HERSTAFF IS STAYING ON TOPASSISTANCE PROGRAMS..
ANDHELPING CLIENTS NAVIGATEAPPLICATIONS MS: 5:57 theprograms change it seemalmost hourly AND WHILERECOVERY FEELS DISTANT ANDDIFFERENT IN THIS TYPE OFSITUATION ..
SCULLY SAYS THESAME BASIC CONCEPTS APPLY..TRIAGE..
AND TAKE IT ONE DAYAT A TIME.
THE MARYLANDBANKERS ASSOCIATION IS ALSOWORKING WITH ITS MEMBERS TOHELP CONSUMERS..
THE PRESIDENTAND CEO WROTE IN PART━Maryland banks haveimplemented a variety ofmeasures to assist theircustomers including waivingfees, deferring payments,offering low or n━ interestloans and many other measuresto help their clients getthrough this emergencydepending on their specificneeds.
THE AMERICAN BANKERSASSOCIATION HAS ANALPHABETICAL LIST OF WHATEVERY BANK HAS SAID PUBLICLYABOUT HOW THEYTO THE PANDEMIC.
WE HAVE ALINK TO IT ON OUR WEBSITE WMAR2 NEWS DOT COM SLASH MATTERFOR MALLORY.
REPORTING INCANTON, MALLORY SOFASTAII,WMA━2 NEWS.TODAY━THE TRE
