Mar 25, 2020 4:15 PM

Platte Valley Companies to offer additional customer relief

Posted Mar 25, 2020 4:15 PM

Scottsbluff – Platte Valley Companies has increased their relief efforts for customers experiencing financial pressure because of COVID-19.

In addition to offering consumer and business loan extensions, Platte Valley Bank and Mountain Valley Bank are waiving certificate of deposit and wire transfer fees for those affected.

Working capital loans are available for business customers who are experiencing cash flow issues.

For existing customers that have found themselves unemployed due to this crisis an income loss replacement plan is being offered at a special reduced rate single payment loan to replace up to one month of earnings.

All real estate foreclosure and vehicle repossessions will be suspended for 90 days.

Details on these offerings and all relief efforts offered can be found at www.pvbank.com and www.bankmvb.com. Customers interested in taking advantage of these programs simply need to contact the bank to begin the process.

“The health of our customers, employees and families remains out top priority right now." said Chief Executive Officer of Platte Valley Companies Hod Kosman. “But we are aware that our customers and local business financial health is suffering right now too. We are a strong financial services company and we have the capacity to assist our customers, by relieving some of the financial burden they may be feeling. We are all in this together and want to get the word out that we are here to help.”

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Mar 25, 2020 4:15 PM
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