Berkshire Bank Outlines Steps to Provide Support and Additional Financial Flexibility to Customers Potentially Impacted by the COVID-19 Pandemic
Berkshire Hills Bancorp, Inc. (BHLB)
Last berkshire hills bancorp, inc. earnings: 1/27 04:15 pm
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Source: Business Wire
BOSTON--(BUSINESS WIRE)--Berkshire Bank today announced programs to provide additional financial flexibility to customers who may face financial hardship due to the economic impact of the COVID-19 virus. Effective Wednesday, March 18th for an initial 30-day period, Berkshire Bank is offering the following enhancements to all of its customers:Retail Banking,Consumer Loan andMortgage CustomersIncreased daily debit card spending limitsWaived penalties for early CD withdrawals up to $20,000Option to forbear consumer and mortgage loan payments for one to three monthsSmall Business CustomersIncreased daily debit card spending limitsWaived penalties for early CD withdrawals up to $20,000Ability to leverage specific options for consideration to forebear their loan“We understand that COVID-19 and the necessary precautions we are all taking to prevent its spread have begun to impact members of our community in meaningful ways,” said Richard Marotta, Chief Executive Officer of Berkshire Bank
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BHLB
Earnings
- 10/24/24 - Beat
BHLB
Sec Filings
- 11/12/24 - Form 10-Q
- 11/1/24 - Form 8-K
- 10/24/24 - Form 8-K
- BHLB's page on the SEC website