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How Some Banks are Thinking Outside the Box During the Crisis

How Some Banks are Thinking Outside the Box During the Crisis

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FintechNews RoundupUSA
··1 min read

American Banker put together a list of banks thinking outside the box during the current crisis to better help customers; Trustar Bank in Virginia is donating 10 percent of fees earned from the Paycheck Protection Program to local area facilities to help fight the virus; Citi plans to donate PPP profits to community development financial institutions and small businesses; financial education provider Operation Hope has added counselors and is on pace to a record number of clients this year; Laurel Road now offers specialized pricing on its student loan refinancing product to all doctors, dentists, physician assistants and nurses; CIT Group has helped clients in the clothing and furniture business transform into suppliers of personal protective equipment; many banks have been in the news for bad behavior during the crisis, but as you can see from these examples there is plenty of good happening in the banking industry. American Banker

  • Emily Donato

    With efforts in many different areas of the team, she helps manage, organize and execute digital and event content. She works with webinars, podcasts, social media along with managing the hundreds of speakers that attend our conferences. Emily was a part of the Zimmerman Advertising Program at the University of South Florida. She graduated in 2019 receiving a Bachelor of Science in Business Advertising.

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