SCRA with The Commerce Bank of Washington
The Commerce Bank of Washington salutes our country's brave service members and veterans. In gratitude for your esteemed service to protect our country, we support our military clients by making sure our servicemembers are aware of the Servicemembers Civil Relief Act (SCRA) and the benefits it offers. The SCRA allows persons on active duty in the United States Military to devote their full attention to service by easing some of their financial obligations and, in certain cases, suspending the enforcement of civil liabilities.
As an active duty member of the United States Military, you may be eligible for SCRA benefits and protections on the following products:
- Line of credit, credit card and installment loans
- Mortgage and home equity secured loans
- Student loans
- Deposit Accounts
- Safe Deposit Box Accounts
Some of the SCRA's benefits and protections—such as the interest-rate cap limitation and protection from non-judicial foreclosure and repossession—are intended to protect military personnel who had an existing obligation prior to becoming active duty military but are less able to manage their finances while in active service. Other SCRA protections, such as protection from evictions and termination of auto leases, apply to all active duty members.
For more information, you can reach out to our SCRA Unit as follows:
The Commerce Bank of Washington
SCRA Servicing Unit
Mail Code: UT UTSC 0973
1875 South Redwood Road
Salt Lake City, UT 84104
The Commerce Bank of Washington also wants to support you and your family by offering banking products designed specifically for your financial needs.