Univest Bank and Trust Co. Offers Guidance to Government Employees Affected by Government Shutdown
Government employees may have
concerns about meeting future mortgage
and consumer loan payments
Souderton, Pa., October 10, 2013 - Univest Bank
and Trust Co., subsidiary of Univest Corporation of Pennsylvania
UVSP), has helpful advice and is committed to working with
government employees who may be concerned about their ability to
meet future mortgage and consumer loan payments while they have
been furloughed during the government shutdown. The shutdown has
affected thousands of area employees, leaving them unsure about
when they will receive their next paycheck and when their forced
furlough will end.
"There are provisions stipulated within the federal government's
shutdown that enable Univest and other financial institutions to
help government employees through this difficult time," said
Annette D. Szygiel, chief experience officer and executive vice
president of Univest Corporation. "Univest differentiates itself on
stellar customer experiences, which is why our collections
department has been instructed to ensure these customers' loans are
put on an appropriate length of forbearance until the customers
start receiving their paychecks again. No late fees will be
assessed and these customers will not be reported to the credit
bureaus as being delinquent."
Government employees with questions about these shutdown
provisions, or with questions about how Univest can assist them,
should call the Univest Call Center at 877-723-5571 or visit one of
Univest's 31 financial centers. Financial center locations and
contact information can be found at www.univest.net.
Univest Bank and Trust Co. is member FDIC, an Equal Housing
and Opportunity Lender.
About Univest Corporation
Headquartered in Souderton, Pa., Univest Corporation of
and its subsidiaries serve the financial needs of residents,
businesses and nonprofit organizations in Bucks, Chester and
Montgomery counties as well as the Lehigh Valley. For more
information on Univest Corporation of Pennsylvania and its
subsidiaries, please visit www.univest.net.