Local community bankers are huddling to pull together their own plan for immediate relief to Galveston County businesses and individual customers.

A powwow late Wednesday among local bankers is likely to result in an agreement to offer short-term lines of credit at preferential interest rates to qualified borrowers, to offer loan extensions for existing customers and to discuss paying interest only on loans for a time or skipping payments while income is limited or nonexistent.

Read more.