If you are an Alpine Bank loan customer who has been affected by this summer’s Colorado fires, we want you to know we are committed to supporting you and our Colorado communities. In response to the financial pressure impacting many of you from the current fire disasters across our state, effective immediately, Alpine Bank will defer loan payments to the end of the loan for up to three months.
- This deferral is available to all customers within a declared disaster area.
- Alpine will defer payments up to three months for customers affected by the fires.
- You will need to sign a Change in Terms agreement detailing the terms of the deferral.
- Payments will be deferred to the end of the loan term and will be due at maturity or payoff; see your Alpine Bank Relationship Manager for details.
- Interest will continue to accrue at the prevailing rate on the unpaid principal balance during the deferral.
If you have questions or would like to arrange a deferral agreement for your loan, please contact your Alpine Bank Relationship Manager.
If you would like to donate to the American Red Cross Colorado and Wyoming chapter, please read the information below.
Helping our neighbors in Colorado communities impacted by the Colorado fires.
Severe drought conditions have turned our Colorado forests into kindling, with multiple fires burning thousands of acres and displacing thousands of our neighbors. People across our state need help with essentials–food, water, shelter and fuel.
Please join Alpine Bank in donating to the American Red Cross today. Alpine Bank will match donations up to a total of $250,000. Make your tax-deductible contribution online, or you can donate by mail or by phone. Learn more: https://www.redcross.org/donate/cm/alpinebank-pub. Thank you for your help.
5 Things You May Not Know About the Red Cross:
- The Red Cross is a locally based organization, with 264 American Red Cross chapters making a daily impact in communities nationwide, including the Colorado Chapter.
- Last year the Colorado Chapter responded to 117 different disasters, mostly house fires.
- The Red Cross is an efficient charity. An average of 91 cents of every dollar the American Red Cross spends is invested in humanitarian services and programs.
- Ninety-three percent of the Red Cross workforce are volunteers.
- On average, every 60 seconds 23 people are assisted by the American Red Cross.
For the latest information on current Colorado wildfires, as well as fire prevention, from the Colorado Division of Fire Prevention and Control: https://www.colorado.gov/pacific/dfpc/current-wildfires