Author Topic: Financial Institutions offering coronavirus aids, reach out to your bank  (Read 418 times)

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In the face of the coronavirus pandemic, the financial stability of millions of Americans is in jeopardy.

In a statement, the Federal Reserve, the Federal Deposit Insurance Corp. and the Office of the Comptroller of the Currency encouraged banks to work with their customers affected by COVID-19.

A growing number of financial institutions, including Ally Financial, Bank of America, Citi and Fifth Third Bank, have taken steps to offer some assistance.

In the face of the coronavirus pandemic, the financial stability of millions of Americans is in jeopardy.

In a statement, the Federal Reserve, the Federal Deposit Insurance Corp. and the Office of the Comptroller of the Currency encouraged banks to work with their customers affected by COVID-19.

A growing number of financial institutions, including Ally Financial, Bank of America, Citi and Fifth Third Bank, have taken steps to offer some assistance.

Most important, if you are experiencing financial hardship, reach out to your bank for help.


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