The holiday season has long been a time of financial strain for many in our communities. Those who have consumer loans at CS Bank and qualify have the option to skip a loan payment during the holidays.

The proceeds from the nominal fee of skipping a payment often prove helpful to those whose cash flow takes a hit during the season. CS Bank President Jason Tennant believes the annual Skip-A-Payment program can not only provide financial relief for customers but also help families in need throughout the community.

Tennant recently announced that CS Bank donated $5,000 back to the communities the local bank serves, representing funds generated by the Skip-APayment program. The donations will allow various organizations to purchase necessary items for local families during hard times.

“It’s a time of year many in our community struggle. This program is a win-win situation for both our customers and for those in the community during these tough times,” Tennant explained. “By allowing our qualified loan customers the chance to defer a loan payment, we are helping our customers who may need a little extra financial support during the holiday season. Earmarking those funds to a needed cause is a way for us to invest in the lives of friends and neighbors. We are truly proud to have created this program and hope that it will help generate countless smiles at this special time of year.”

Donations were made to each of the following communities: The Eureka Springs Schools Counselor Fund in Eureka Springs, Jeremiah 29:11 in Berryville, Paws and Claws Animal Shelter in Huntsville, Harrison Public School Foundation in Harrison and The Cassville Pantry and Haven of the Ozarks in Cassville. All funds will be used to assist needy families in the markets CS Bank serves.