LANB President Steve Wells

LANB News:

Los Alamos National Bank (LANB) is rolling out a program to provide relief for furloughed Federal Employees called “LANB S.T.R.O.N.G., which stands for “Short Term Relief Options (while) No Government.”

“Our community and customers have always counted on LANB to be there for them. The unfortunate situation many may find themselves in due to government furloughs is a time when LANB can again help,” LANB President Steve Wells said.

LANB S.T.R.O.N.G. contains four main relief options for furloughed Federal Employees:

• Payment Deferrals on Consumer Loans and Credit Cards (1 month)

• Home Mortgage Loan Payment Forbearance (up to 6 months)

• Waived Overdraft Fees

• Short Term Relief Loans (new customers as well)

o   Up to $5,000

o   5.00% Fixed Rate (APR)

o   24 Month Term

o   No Fees

o   With approved credit

Customer’s credit reports will not be affected by accepting a payment deferral or forbearance. Furloughed Federal employees need only to contact LANB and the Bank will quickly assist with their request.

Please direct any questions or requests to:

Toll Free: 800-684-5262

Los Alamos 505-662-5171

Santa Fe: 505-954-5400

Albuquerque: 505-449-5100