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U.S. Government Shutdown Gives Banks Rare Public Relations Opportunity

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According to Reuters, the U.S. government shutdown has handed banks a rare opportunity to tout their nicer side as they prepare for rough treatment under a Democrat-controlled House of Representatives. With around 800,000 federal workers missing a second paycheck on Friday, major lenders have been quick to trumpet their efforts to waive fees, delay debt repayments and give a helping hand to federal workers. Earlier this month, Bank of America launched a program to help affected customers and pledged $10,000 to an emergency fund to provide assistance to furloughed workers.

Added on the 25/01/2019 16:14:14 - Copyright : Wochit

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