Belmont Savings Bank today, Friday, Oct. 4, launched efforts to support government employees who are challenged financially by the current federal government shutdown.
“Clearly, there is concern among many of the federal employees in Massachusetts who have been furloughed as a result of the government shutdown. We want to help those customers who are concerned about the implications of an extended shutdown and how it might impact their ability to meet their financial obligations,” said Bob Mahoney, Belmont Savings president and chief executive officer.
“With 30,000 federal employees in the Commonwealth, Belmont Savings wants to work with any furloughed employee who is a customer and do what we can to be helpful.”
Customers directly affected by the shutdown are encouraged to contact Belmont Savings Bank.
“One of the advantages of community banking is we know our customers,” added Mahoney.
“We are prepared to work with each furloughed employee to make sure their specific needs and priorities are addressed.”
Belmont Savings Bank is a $909 million, full-service Massachusetts savings bank dedicated to quality, convenience, and personalized service.