Governor Huntsman Asks Banks to Help Emery and Carbon County Residents
Penalty Fees and Loan-Extensions among Assistance Provided
Governor Jon Huntsman called on Utah bank owners to provide relief to residents within Emery and Carbon counties who may be facing financial difficulty due to lay-offs and a slowing economic market within the surrounding area.
"These citizens have suffered greatly during the past two months," said Governor Huntsman. "We must work together to identify innovative ways to help them get back on their feet and maintain their livelihoods."
Governor Huntsman is working with Scott Anderson, CEO of Zions Bancorporation and Howard Headlee, President of the Utah Banker's Association to establish ways in which to help those in need. Penalty fees associated with insufficient fund transactions and an extension on loans payments for up to six months are a part of the proposed plan.