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deferral - Liberty Bank Inc

To Liberty Bank borrowers affected by COVID-19

By | Banking

Liberty Bank is participating in the nationwide effort to contain the spread and consequences of COVID-19 (also known as Coronavirus). We are doing our part to protect employees, customers, our community, and our economy at large.

To help those customers in need, our policy is to allow up to 6 months deferral for borrowers affected by COVID-19. This includes customers whose income has been impacted by business closures and other efforts to contain COVID-19. The goal of this policy is to delay payments for those placed into financial stress by COVID-19 so that they may better weather the hardships we are all coping with.

If you are in need of this type of relief, we request a letter, from the customer, that details the reasons and the circumstances causing your need. Please attach to the letter documentation of your employment and the business closure that is impacting your income. We encourage all customers impacted by COVID-19 to contact us by email (customerservice@libertybankofutah.com). We will make every effort to accommodate you the best we can.

Liberty Bank thanks you for being a loyal customer. We wish you, your family, and your friends good health and spirits as we manage this situation together.

 

-Kendall Phillips, President

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