Bank of the West is giving furloughed federal employees a break on paying their loans and mortgages.
The bank, which has five offices in Fresno, is granting one month deferrals on consumer loan payments and one month forbearance on mortgage payments.
“We are committed to helping our customers succeed financially through the ups and downs of life,” said Paul Wible, head of the bank’s National Finance Group.
Bank customers with auto, recreational vehicle and boat loans, credit cards and home equity loans and lines of credit can call (800) 653-0362 to request help.
Other banks like Bank of America and Wells Fargo are working with customers on a case-by-case basis.
“Federal government employees and other workers whose jobs are directly impacted by the government shutdown may be eligible for forbearance programs or other mortgage payment assistance depending on their individual circumstances,” a Wells Fargo spokeswoman said.
Wells Fargo and Bank of America customers, who are furloughed federal employees, are encouraged to contact their banks to work on a solution.