The California Bankers Association Responds to Wildfires and Public Safety Power Shutoffs
SACRAMENTO, Calif. – The California Bankers Association (CBA) released the following statement regarding the recent wildfires burning across the state, and the recurring public safety power shutoffs (PSPS):
“California banks are deeply committed to the communities that we serve. We stand ready to assist and help our customers who have been impacted by the recent wildfires or public safety power shutoffs.
“We encourage any customer who has been directly impacted and is experiencing a financial hardship due to these events, to outreach to their financial institution as soon as they can to specifically discuss their individual financial situation and understand what assistance may be available to them.
“Banks are closely monitoring the situation as it evolves and will assess and develop a response to meet the specific needs of our communities. As we have done in the past, resources will be deployed to support and offer assistance to our communities as we help during the recovery process.
“Our thoughts and prayers are with those Californians dealing with these devastating circumstances, as well as the first responders working tirelessly to keep our communities safe.”