Coronavirus Covid-19 Readiness

Out of an abundance of caution and to further encourage social distancing, effective Monday, March 23, PlainsCapital Bank is temporarily limiting in-person access to our branch lobbies. Our drive-thrus will remain open to serve you with normal business hours, and you can also call your local branch to schedule an appointment for in-person assistance.

Our Personal Teller Machines also offer you the ability to speak with a live teller virtually, with extended banking hours as well as 24/7 cash deposit and withdrawal services. Additionally, many of our ATMs have been upgraded to accept deposits 24/7.

We have many other convenient tools that allow you to access your account virtually, including mobile and online banking, mobile and online bill pay, and Zelle® for paying family and friends. If you have any questions about these services, please don’t hesitate to give us a call.

We know COVID-19 has caused financial hardship for many of our neighbors. PlainsCapital was founded on the core values of taking care of our customers and communities, and that’s why we are putting temporary financial assistance measures in place to help.

Beginning April 1 and continuing for 90 days, we’re making the following adjustments:

Personal Banking Assistance

• Increased Overdraft Fee Relief. When we authorize and pay certain types of overdrafts at our discretion, an overdraft item fee will not be charged if (a) the amount of the item that results in an overdrawn balance is $100 or less, or (b) the available balance in the account is overdrawn by $100 or less at the end of the business day after all transactions have posted to the account.
• Waived Non-PCB ATM Fees.  We will waive our $2 fee to access another bank’s ATM with a PlainsCapital Bank card.
• Waived Telephone Transfer Fee.  We will waive our $5 fee for telephone account transfers.
• Waived Stop Payment Fees.  We will waive our $30 fee for stop payment requests.
• Waived Excess Bill Pay Fees.  No fees will be assessed for any bill pay transactions.
• Waived CD Early Withdrawal Fees.  In certain cases and at our discretion, penalties may be waived for early withdrawal of Certificates of Deposit.
• Increased Daily Spending Limits.  The daily spending limit on all PlainsCapital Bank debit cards will be increased for both PIN and signature transactions.
• Credit Cards. Please call the number on the back of your credit card for financial assistance.

Commercial and Personal Loan Assistance

• Personalized Support.  Our bankers continue to work closely with their clients to offer personalized support including loan modifications, and they will be ready to help with any future government assistance programs associated with COVID-19.
• Waived Late Fees on Consumer Loan Payments.  PlainsCapital Bank will not assess any late payment fees on consumer loans and notes.
• Suspended Residential Foreclosure Activity.  PlainsCapital will not proceed with any residential mortgage foreclosures at this time.

If you have questions or concerns about your accounts or loans, our bankers stand ready to assist you. Please reach out to your relationship manager directly for help. For more information on our standard deposit account fees, terms and conditions, please refer to our Consumer Deposit Account Agreement.

PlainsCapital Bank understands that the best protection is education. That’s why our seasoned fraud prevention team provides our customers with our Fraud Prevention Series, “Keeping Your Money Safe,” highlighting the latest fraud scams with helpful tips on how you can avoid them.

Recently, the threat posed by COVID-19 has ignited an international health emergency and scammers are attempting to make your fear and concern work to their benefit with fraud scams:

• Messages selling fraudulent cures, vaccines, testing kits, or other medical equipment
• Fake emails claiming to be from the CDC, WHO, or experts offering important information about the virus
• Phony text messages regarding banks closing and stimulus checks
• Fraudulent calls, emails, or other communications claiming to be from the Treasury Department and offering COVID-19 related grants or stimulus payments in exchange for personal financial information, or an advance fee, or charge of any kind, including the purchase of gift cards. Please contact the FBI at www.ic3.gov if you receive one of these scams so that the fraudsters can be tracked and stopped. Fraud involving payment of federal taxes should be reported to the Treasury Inspector General for Tax Administration.

Our most recent post in the “Keeping Your Money Safe” series focuses on current attempts by fraudsters to exploit the COVID-19 virus in order to obtain your confidential information and how you can protect yourself from these types of scams.

For more than 30 years, PlainsCapital Bank has set the standard for relationship banking in Texas. With strength, stability and momentum, we have built lasting relationships and a strong financial future for the customers and communities we serve. Today, we have strong liquidity and a solid capital position, and we stand ready to support you through these challenging times.