TD Bank, credit unions cut fees to Mainers affected by shutdown

The New Jersey-based TD Bank and Maine’s credit unions announced this week that they will offer special loans to furloughed state government employees or people receiving welfare benefits through Sept. 1, or until the shutdown ends.+

“We recognize the hardship that a government shutdown can cause for state employees and those who rely on government assistance,” Dave Glidden, the bank’s regional president, said in a news release.

TD Bank said it would also refund overdrafts and late fees on most of its bank credit cards. Credit card customers should call the number on the back of the card for assistance, it said. The bank also said it would offer loans to customers who have trouble making mortgage, home equity loan or personal loan payments.

The Maine Credit Union League announced earlier this week that it would offer loans to those affected and some of the state’s 58 credit unions would reduce fees.

Read more: http://www.sunjournal.com/news/lewiston-auburn/2017/07/01/td-bank-credit-unions-cut-fees-mainers-affected-shutdown/2159830