COVID-19 Skip-A-Payment Request Form
Updated 03/20/2020
We created this Skip-A-Payment Request Form as a template for Banks to use to accommodate customer requests for skipped payments in the wake of the COVID-19 pandemic. It may also be used in conjunction with our Skip-A-Payment Offer Letter, also in our Pandemic Toolkit. As always, the Bank should tailor it to fit its needs, and have all agreements reviewed by Bank counsel. Counsel should also ensure that the Bank’s state laws allow for skipped payments.
Members Can Download This Tool
Login to Download
Not Yet a Member?
Our members enjoy:
On-demand regulatory guidance hotline – by chat, phone and email – available from anywhere, on any device – 7 am - 6 pm, M-F, Central time
Research time saved daily & weekly across forms, checklists, and trainings — for every regulation
Hours of form-building and branding of bank documents saved; in some cases, even the budget of additional staff
A sounding board for support and reassessment when institutional goals or the regulatory environment changes
Access to attorneys and compliance specialists for risk modelling and decision-making in advance of large business decisions
The knowledge that C/A was created and owned by 30 State Bankers Association to provide bank compliance services to their membership organizations
Find out how a personalized team of attorneys and compliance professionals helps build targeted compliance strategies throughout your institution when you take our Live Membership Demo.