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Preps Solutions for Government Employees if Impasse Continues

 

SAN ANTONIO, TEXAS, Dec. 21, 2018—

Broadway Bank is ready to help its customers affected by the government shutdown scheduled to begin December 22 if a resolution is not reached. In response to the impasse that could affect hundreds of thousands of government employees, Broadway Bankers are developing solutions that ease the financial impact locally should the shutdown continue for some time.

Broadway Bank customers who receive a direct deposit from the federal government will receive access to funds in the potential absence of upcoming paychecks. For non-direct deposit customers, the Bank will assist with deposit account fees and loan payment deferrals if needed, reducing the worry about negative consequences to credit scores. Additional options are available and will be determined based on individual circumstances

“With our strong ties to communities from San Antonio to Austin and throughout the Hill Country, it’s important we help ease the burden of a government shutdown locally. If the shutdown is creating a financial hardship for our customers this holiday season, we can work together to find a solution,” said CEO David Bohne. He added, “Broadway Bankers stand ready to help.”

Should a resolution to the shutdown not be reached in the next week, affected customers are encouraged to begin reaching out to the Customer Service Center at 1.800.531.7650 or visit a financial center. Broadway Bankers are ready to discuss solutions.

 



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Contact Information:

Karina Alderete,
Vice President,
Corporate Communications
(210) 665-2925


About Broadway Bank

For nearly 80 years Broadway Bank has been an integral part of South Central Texas, evolving into one of the largest privately-owned banks in Texas with more than $4 billion in assets. Broadway Bank offers a full-range of financial services, including personal, private, business and mortgage banking, and wealth management and is committed to enhancing the banking experience through leading edge technology. With financial centers across San Antonio, Austin and the Hill Country, Broadway Bank delivers modern banking, locally sourced and personally delivered. Visit Broadway.bank for more information.

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