U.S. Bank Adjusts Some Products to Help Customers Affected by Covid-19
March 13 2020 - 12:27PM
Dow Jones News
By Stephen Nakrosis
U.S. Bank on Friday said it was making adjustments to some of
its consumer and small-business products in an effort to help
customers who have been affected by the outbreak of Covid-19.
"For consumer customers we have made temporary adjustments to
the Simple Loan, our transparent installment loan, and Personal
Loan products. For business customers, we have made temporary
adjustments to business products like Quick Loan and Cash Flow
Manager," the bank said.
The temporary measures are effective until March 31, and will be
re-evaluated as the situation evolves, the bank said.
The bank also said customers can access its coronavirus webpage
or speak to a customer service representative to see what
assistance may be available, including mortgage relief options.
U.S. Bancorp is the parent company of U.S. Bank National
Association.
Write to Stephen Nakrosis at stephen.nakrosis@wsj.com
(END) Dow Jones Newswires
March 13, 2020 12:12 ET (16:12 GMT)
Copyright (c) 2020 Dow Jones & Company, Inc.
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