Stockman bank offers loan assistance to federal employees impacted by shutdown

Press release

BILLINGS — Stockman Bank implemented a plan Jan. 2 to assist federal employees impacted by the government shutdown.

This includes furloughed employees who are not working and essential employees who are currently working without pay.

  “Government shutdowns are very stressful for workers who still have bills to pay,” said Bill Bickle, chief credit officer for Stockman Bank. “We are happy to make accommodations for impacted federal employees to help reduce stress and protect their credit.”

  Until the shutdown ends, Bickle said Stockman is offering to defer any loan payments that are due. Then, post shutdown, the bank will restructure debt for borrowers as necessary. Stockman will also work with commercial customers directly impacted by the shutdown on a case-by-case basis.