WASHINGTON, D.C. – Yesterday, Congressman Rob Wittman (VA-01) hosted a roundtable with the Virginia Bankers Association to discuss the services they are providing during the government shutdown.
“From missed paychecks to delays in critical services, this disastrous government shutdown has caused significant financial burdens for Virginians across the First District,” said Rep. Wittman. “I had the opportunity to talk with representatives from banks all over the First District about how they are handling the government shutdown and supporting clients at this time. As your Member of Congress, I am committed to providing you with the information you need to make informed financial decisions.”
Local banks are providing the following resources during the shutdown:
The Atlantic Union Bank encourages federal employees affected by the government shutdown to reach out to their customer care center as soon as possible to discuss potential solutions. Learn more.
Bank of America is proactively reaching out to clients who have been identified as potentially being impacted by the partial government shutdown. Their client advisors and bank branch employees are able to assist with inquiries as well. Bank of America’s Client Assistance Program offers personalized assistance to clients experiencing financial difficulties.
For existing customers, Burke & Herbert Bank has a loan deferral opportunity as well as short-term unsecured borrowing available.
Capital One is prepared to assist customers impacted by the federal government shutdown. They encourage customers who have experienced a financial disruption due to the shutdown to reach outto discuss their individual circumstances. Assistance provided to impacted customers could include temporarily waiving or refunding certain credit card and banking fees and extending payment due dates on auto loans.
Chase is offering fee waivers and repayment plans for home lending and credit cards, proactively refunding monthly service and overdraft fees to customers with direct deposits tied to federal government accounts.
If you are a Chesapeake Bank client who is experiencing financial hardship, please reach out to your branch. They may be able to offer assistance such as: fee waivers, payment deadline extensions, and other accommodations tailored to your needs. You can learn more here.
City National Bank Is offering the following help for employees of the federal government who have been furloughed due to the government shutdown: loan payment deferment and furlough relief loans. Call City National at 800-598-2489.
First Bank is offering a loan deferral opportunity to existing customers to help address unexpected financial challenges. They encourage customers experiencing hardship to contact their Customer Care team at 888-647-1265. Learn more: Government Shutdown.
Lee Bank & Trust Co. offers a special loan program to all qualified local federal government employees affected by the shutdown. The loan is repaid with back pay. Learn more.
Old Dominion National Bank (ODNB) is committed to supporting its clients by providing relationship-based guidance and financial planning support to help clients navigate liquidity needs and maintain operations during the shutdown. For example, ODNB is expediting access to working capital lines of credit to help bridge gaps in cash flow caused by paused or delayed federal payments. Customers are encouraged to contact their loan officer to discuss options.
TD Bank activated the TD Cares program to help furloughed federal employees, federal contractors, and other TD clients whose federal benefits are impacted by the U.S. government shutdown. Learn more.
Truist Bank is working with all of its impacted clients on an individual basis with their unique situations. Existing Truist Bank customers can visit www.truist.com/contact.
Wells Fargo customers are encouraged to use the Wells Fargo Mobile® app to get information in the Relief Center or call 800-219-9739 to discuss their financial needs.
