One of the key differences between our current global crisis and the 2008-2009 global financial crisis is that this time around, the banks can be part of the solution, rather than the heart of the problem. Our banking system is more well-capitalized than any other time in living memory.
As evidence of this, banks have swiftly moved to provide relief to American families. Below is a link to the most current list we have found of banks offering relief to their customers. This is by no means all-encompassing, and we encourage you to inquire with your own bank (if not listed), to see if they are participating.
What Banks Are Doing To Help Americans Affected By The Coronavirus
Whether or not you need this, you may have friends, neighbors, relatives who might benefit from this knowledge.
As always, we are here for you and available to talk. Don't hesitate to reach out.
Todd Lerner, BFA
ToddL@LBWinsurance.com or ofc (661) 702-6025 cell (818) 472-4758
Donald Like, CLU, ChFC
DonL@LBWinsurance.com or ofc (661) 702-6002