Skip to Content
Author: The BCW

Leave a Comment

TFA Announces Loan Relief for Hudson Valley Businesses

In an effort to assist current Hudson Valley business customers with unexpected financial burdens faced during the current COVID-19 crisis, and on the heels of its recently announced relief for consumer loan customers, Tompkins Financial has implemented a loan assistance program for its eligible commercial clients. Tompkins’ new Loan Assistance Program provides up to 60 days of deferment for all commercial loans.

“We understand that companies, including our small business customers, are the backbone of the US economy and that they need our support during this critical time more than ever,” said Stephen Romaine, president and CEO. “As a community bank, it is our duty to assist businesses in the best way we can, which includes taking a market-leading position on loan deferment that we hope will inspire others to do the same during this time of unexpected hardship.”

Tompkins announced late Wednesday that it would provide this program as well as loan relief options to retail customers, preceding New York State’s announcement Thursday. Loan customers who are experiencing challenges with loan repayment should contact their banker via phone or email immediately, or reach out to Tompkins’ Customer Care Center at 1-866-462-2658 to review options that may be available to them.
Tompkins Financial Corporation is a financial services company serving the Central, Western, and Hudson Valley regions of New York and the Southeastern region of Pennsylvania. Headquartered in Ithaca, NY, Tompkins Financial is parent to Tompkins Trust Company, Tompkins Bank of Castile, Tompkins Mahopac Bank, Tompkins VIST Bank, Tompkins Insurance Agencies, Inc., and offers wealth management services through Tompkins Financial Advisors. For more information on Tompkins Financial, visit www.tompkinsfinancial.com.

Similar Member News Items

NEW ROCHELLE, N.Y., July 2, 2025 – Through its 21st Century Community Learning Centers program, Boys & Girls Club of New Rochelle provides more than 450 local middle and high school students with no-cost, extended-day enrichment that bridges the gap between school and home, offering structure, support and opportunity during critical hours of the day. […]

Read Article

KeyBank announced Megan Benson has been named senior relationship manager, Commercial Banking. Benson is responsible for growing existing and new commercial client relationships throughout New York, the Hudson Valley and New Jersey. She is based in KeyBank’s Metro NY office, located at 1301 Avenue of the Americas in New York, N.Y. Prior to joining KeyBank, […]

Read Article

KeyBank announced Cameron Gateman has been named senior relationship manager, Commercial Banking. Gateman is responsible for growing existing and new commercial client relationships throughout New York, the Hudson Valley and New Jersey. He is based in KeyBank’s Metro NY office, located at 1301 Avenue of the Americas in New York, N.Y. Prior to joining KeyBank, […]

Read Article

Become A Member

Join the county’s largest and most influential business organization today.

JOIN NOW!
The Business Council of Westchester is committed to helping businesses market, learn, advocate, and grow. Over 80 events and programs are offered every year, giving our members ample opportunity to connect and meet with businesses representatives in the Westchester community and beyond.
Back to top