Reported about 12 hours ago
Bank of America CEO Brian Moynihan announced that the bank is providing relief to federal employees affected by the ongoing government shutdown, which has lasted for 21 days. The bank is implementing customer assistance programs similar to those used during natural disasters, offering fee waivers, payment deferrals, and forbearance to help workers manage their finances without regular paychecks. While the shutdown stems from a stalemate over a spending bill, BofA has a strategy in place to support its customers in these challenging times.
Source: YAHOO