Deferred loans, waived fees part of pandemic response for banks

By
-
RETAIL TEAM: Amy ­Arruda, senior vice president of retail banking at Washington Trust, right, with Melanie Connelly, vice president of retail banking, at the bank’s Westerly headquarters. / PBN PHOTO/ELIZABETH GRAHAM
RETAIL TEAM: Amy ­Arruda, senior vice president of retail banking at Washington Trust, right, with Melanie Connelly, vice president of retail banking, at the bank’s Westerly headquarters. / PBN PHOTO/ELIZABETH GRAHAM
The consumer messaging of banks and credit unions through the COVID-19 pandemic has been consistent: we’re here for you. When it comes to bank fees and loan modifications, financial institutions have largely lived up to the marketing. Many regional and community banks and credit unions have reduced their standard fees or stopped charging them. And…


You must be a paid subscriber to read this content.

To keep reading and receive unlimited access subscribe today for only $1.


Subscribe Now Already a Subscriber? Login now

Purchase NowWant to share this story? Click Here to purchase a link that allows anyone to read it on any device whether or not they are a subscriber.

- Advertisement -

RELATED ARTICLESMORE FROM AUTHOR

No posts to display