Lubbock National Bank to provide assistance to federal employees on leave

0

The following is a press release from the Lubbock National Bank:

Following the current partial government shutdown, Lubbock National Bank will defer loan payments for its clients who do not receive their regular paychecks. The following applies to all federal government employees and / or defense contractors who have accounts or consumer loans with Lubbock National Bank.

All installment loans to customers affected by the shutdown are eligible for the next scheduled payment to be deferred until the end of the note. If the shutdown continues, LNB will likely approve additional deferrals. For assistance with your installment loan, please contact your loan officer.

In addition to covering the loans of affected clients, the Lubbock National Bank is making other arrangements. These efforts include waiving overdraft fees as well as fees for money orders or cashier’s checks. For assistance with these adaptations, please contact a personal banker.

Affected federal employees and defense contractors will be subject to bank verification on a case-by-case basis

(Lubbock National Bank press release)

Leave A Reply

Your email address will not be published.