April and May Loan Payments Waived

Published: 04/08/2020

In an effort to help ease the financial burden being felt by many during this challenging time, Parkside is waiving the April and May loan payments for eligible loans. Your next payment is due on your regular due date in June. Please note that finance charges will continue to accrue.

If you usually make your payment manually, no action is required on your part in order to skip these payments. Automated payments will continue to post, so if you wish to cancel the April and May payments, please contact us or edit your payments within the Pay & Transfer tab in online banking. Skipping these payments is not mandatory; you can still make one or both of the payments if you choose to do so. For those able, your efforts to meet your financial obligations better allows us to support those who need assistance during this time.

The following loan types are exceptions and do not qualify:

  • Home Equity (closed-end)
  • Home Equity Line of Credit (HELOC)
  • Overdraft Line of Credit
  • Paycheck Loans
  • Loans that are delinquent 30 days or more as of April 6th
  • Credit Cards -- note that a separate correspondence regarding April credit card payments can be found here

If you have one of the above loan types and need payment assistance, please fill out the loan modification and extension form by clicking here

While many things are uncertain today, you can have confidence that we are here, ready and able, to serve your needs to the best of our ability.

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