Here to Meet Your Financial Needs
We understand the uncertainty and stress a government shutdown can cause and want to help you get through what can be an extremely troubling time. Banking with First National remains safe and secure. Customer FDIC-insured deposits are still fully protected and readily available.1 First National will promptly consider the needs of any affected customer on a case-by-case basis.
Options that May Help You Get Through a Government Shutdown
Loan Assistance
- Reduced or suspended payments
- Late charges waived
- Suspended credit bureau reporting
- Loan modification
Credit Card Assistance
- Reduced or suspended payments
- Late charges waived
- Suspended credit bureau reporting
- Over limit charges waived
Deposit Account Fee Assistance
- Waiver/reversal of deposit account fees
- Waiver/reversal of non-sufficient funds/overdraft fees
- Waiver of safe deposit box late fees
- Special arrangements for overdrawn accounts
Tips and Resources
Communicate with your creditors – Reach out to all of your creditors before credit card, car loan, mortgage or other payments are missed. Some creditors may have options to assist you.
Protect yourself – Be wary of online employment ads, robocalls spoofing government agencies, and fake loan assistance offerings. Do not provide personal information by email, text, or phone call. Never provide your private personal information over the phone or email. First National Bank Alaska will never contact you and ask for your password or personal account information.
Revise your monthly budget – Identify critical expenses (shelter, heat, food, water, etc.) and reduce spending on things not considered necessary and critical.
Freeze your subscriptions and auto-payments – Freeze or cancel monthly subscriptions or auto- payments to help save money and avoid overdraft fees.
Reach out to local companies – During a government shutdown some local utility and service companies will announce their support for the community by offering assistance to their customers and local communities. Reach out to see how they may be able to assist you.
If you need assistance with managing day-to-day needs like food and shelter, visit Alaska 211 or call 211 to reach United Way’s Alaska support hotline.
Assistance When You Need It Most
As Alaska’s community bank, our local team can point you in the right direction. Please do not hesitate to call First National if you need assistance.
Disclosures
- Deposit accounts at First National are insured by the FDIC up to the standard maximum deposit insurance amount ($250,000) per depositor for each account insurance ownership category.