Oritani Bank Offers Relief to Federal Employees Affected by Government Shutdown
Temporary assistance will be offered to those whose income has been affected
Township of Washington, NJ (January 15, 2019) – Oritani Bank, headquartered in the Township of Washington, announced they will be offering assistance to their borrowers who are federal employees adversely affected by the temporary Government shutdown. Based on circumstance, the Bank may offer temporary suspension for up to 90 days for home equity loans and residential mortgage payments. No fees will be assessed and no additional interest will accrue on these borrowers.
“Oritani Bank wants to offer our customers that are impacted by this shutdown some temporary relief during their time of need,” said Kevin J. Lynch, Chairman, President and CEO of Oritani Bank and President of the OritaniBank Charitable Foundation. “As a community bank we felt it was the right thing to do to help our community. We are committed to taking care of our customers and helping them to relieve some of their stress.” Customers who wish to take advantage of this assistance should call Oritani Bank Loan Servicing Department at
(201) 664-5400 during regular business hours.
About Oritani Bank:
Oritani Bank is a 108-year-old community bank with more than $4.12 billion in assets, based in the Township of Washington, New Jersey. The Bank has 26 branches throughout Bergen, Hudson, Passaic & Essex Counties. Oritani Bank is a publicly held company trading on the NASDAQ with the trading symbol “ORIT.” Oritani Bank offers a full line of deposit and loan services to both retail and commercial customers. For more information, call 888-ORITANI, or visit its website, www.oritani.com.