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Regions Bank to offer relief | COVID-19
Posted on 3/21/20 at 12:01 am
Posted on 3/21/20 at 12:01 am
Major impact for landlords who are asking a lot of similar questions about their relief if their tenants stop paying.
So beginning March 23rd, we will offer the following in response to the COVID-19 outbreak:1
Penalty-free CD withdrawal2
Waived fees for excessive withdrawals on all savings and money market accounts3
Other deposit account fee waivers based on your needs4
Loan and credit card payment relief, including no late fees5
Consumer mortgage payment relief for 90 days5
We will also not begin new efforts to repossess vehicles or start property foreclosures on consumer real estate loans for 30 days
So beginning March 23rd, we will offer the following in response to the COVID-19 outbreak:1
Penalty-free CD withdrawal2
Waived fees for excessive withdrawals on all savings and money market accounts3
Other deposit account fee waivers based on your needs4
Loan and credit card payment relief, including no late fees5
Consumer mortgage payment relief for 90 days5
We will also not begin new efforts to repossess vehicles or start property foreclosures on consumer real estate loans for 30 days
This post was edited on 3/21/20 at 12:02 am
2
Posted on 3/21/20 at 7:10 am to rpg37
Wait y’all charge redemption fees on money markets usually?
Posted on 3/21/20 at 3:26 pm to rpg37
quote:
All banks to offer relief | COVID-19
FIFY
Posted on 3/21/20 at 6:03 pm to Shepherd88
I’ve got a Regions Checking and Savings account. The free savings account only allows you to move money out of the account so often without charging a fee. Something like 5 times a month. Guessing it’s similar for money market.
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