Why Are you Only Offering a 3-Month Loan Deferral Program, While Other Financial Institutions are Offering a 6-Month Deferral Program
We can’t speak to options available from other financial service providers, but we can say that our three-month deferral applies to all types of term loans and mortgages, and for all types of members, including Commercial, Agriculture, Small Business and Retail.
There are no questions asked in order to qualify, and we won’t ask you to prove that you have COVID-19 or have been out of work because of the virus. We trust and empathize with members who are affected by COVID-19 and/or the corresponding economic challenges.
We will certainly consider extending payment deferrals for up to 6 months, on a case by case basis. Click here to contact us directly.