F.N.B. Provides Support for Customers and Businesses Affected by COVID-19

F.N.B., the parent company of First National Bank, implemented additional measures to further support customers who are experiencing financial hardships as a result of the COVID-19 coronavirus.

“This is an unprecedented time for our nation and our industry. Our mission has always been to improve the life of those in the communities we serve. Now more than ever, we must work together to provide support to those impacted by this public health crisis,” said Vincent J. Delie, Jr., chairman, president and chief executive officer of F.N.B. and First National Bank. “Customers who are facing financial difficulty should contact us so we can help navigate through the financial uncertainty they may be experiencing during this time.”

FNB is offering several programs to support customers who are directly impacted. All programs are subject to bank approval, are effective immediately and will continue through April 17, 2020, (subject to extension or reevaluation at that time).

  • Consumer Loans, Mortgages, Auto Loans and Lines of Credit: FNB is prepared to handle requests for relief, including 90-day interest only payment options or a 90-day deferral of payments, as well as suspending new foreclosures and new repossessions of automobiles for those directly impacted by COVID-19.
  • Commercial Banking: FNB is providing 90-day interest only and deferral payments for those impacted in addition to providing lines of credit for working capital necessary to sustain business during this crisis.
  • Small Business Banking: To alleviate the financial burden facing small business customers, FNB is offering 90-day interest only and deferral payments for those impacted, and the simplification of procedures to speed up modification processes and restructuring, among other measures.
  • Small Business Administration: FNB is offering assistance through more formal programs like the Small Business Administration (SBA) disaster relief assistance program and will work with our clients to participate in potential programs currently under development by the SBA.

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Terry Mulreany
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