We are thinking perhaps with an escrow line item… we are testing this tonight to see how it would work.

Heather Shelby,

Retail Loan Servicing Supervisor

Tompkins Shared Services

118 E. Seneca Street 5^th floor | PO Box 6569 | Ithaca, NY 14851 | xxxxxx@tompkinsfinancial.com

Phone: 607.274.2044 | Toll Free: 888.240.4539 | Fax 607.273.0025

From: xxxxxx@marug.simplelists.com <xxxxxx@marug.simplelists.com> On Behalf Of Dawn Hathaway
Sent: Wednesday, March 25, 2020 4:38 PM
To: xxxxxx@simplelists.com
Subject: [EXTERNAL] SilverLake MA-RUG RE: Payment deferrals on Commercial Loans

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We have decided that we are going to begin collecting deferred interest once payments resume. What we are not sure of is how we will need to make adjustments for billing interest only loans. I would love to hear how other banks are going to be handling. This was not how we initially planned to handle the interest but will be how we are handling going forward.

Dawn

Dawn Hathaway
Senior Vice President
Loan Administration Officer

P: (267) 337-6829 n F: (267) 880-0155 n M: (609) 206-9185
60 N. Main Street n Doylestown, PA 18901
xxxxxx@YourCovenantBank.com n YourCovenantBank.com
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From: xxxxxx@marug.simplelists.com [mailto:xxxxxx@marug.simplelists.com] On Behalf Of Amy Shimp
Sent: Wednesday, March 25, 2020 10:57 AM
To: xxxxxx@simplelists.com
Subject: [BULK] SilverLake MA-RUG Payment deferrals on Commercial Loans

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How are other banks planning on handling the interest for payment deferrals on commercials loans?

Amy Shimp

Assistant Vice President

Loan Services Manager

cid:image001.jpg@01CF6478.294562E0

P 215-538-5600 x 5629

F 215-538-5797

E xxxxxx@qnbbank.com

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