BOKF Employee Relief Fund

The BOKF Employee Relief Fund is designed to provide short-term assistance to employees experiencing severe financial need due to unexpected and unavoidable emergencies..  Eligible applicants must be a BOKF employee at the time of the emergency in order to be eligible to apply. Eligible applicants may receive a maximum of one grant per event.

For more information about the BOKF Employee Relief Fund, a list of Frequently Asked Questions is available here.

In the event of an unexpected and unavoidable emergency that causes a severe financial hardship, BOKF employees may apply for assistance within the following categories and qualifications (Please remember that not all emergencies will warrant the maximum assistance):

• Home Catastrophe/Natural Disaster (for state or federally declared disaster) – Amount of Grant: Up to $1,500
  Assistance after a state or federally declared disaster has destroyed the employee’s personal residence, rendered it unlivable or it is otherwise in need of costly repairs, in excess of insurance, after the disaster (hurricane, fire, flood, tornado, mudslide, etc.).
• Funeral or Emergency Travel for Immediate Family – Amount of Grant: Up to $500
  Assistance for those who have incurred the loss of an immediate family member*, if the employee is financially responsible for funeral arrangements and no other resources exist. For employees who must travel to visit or care for a terminally ill immediate family member or escort a critically ill immediate family member to an out-of-state medical facility.

Documentation will be requested from each applicant. Additional information and examples are available here. 

*An immediate family member is defined as: spouse; brother / sister; children; step-children; grandchildren; parents; step-parents; grandparents; mother / father-in-law; son / daughter-in-law; domestic partner (as defined for health benefits only).

Note: Program guidelines restrict assistance to employees experiencing financial need due to specific unexpected emergencies which can be documented. While all emergencies and financial hardships are unfortunate, incidents outside of program guidelines cannot be approved. 

Employees should use available resources such as medical/life insurance, PTO, short/long term disability, personal savings, assistance from family members, etc. before applying for assistance.

Upon approval, grant payments are sent directly to vendor (i.e. landlord, utility company, contractor, etc.). We understand that each situation is unique so please do not hesitate to contact us with any questions. 

Situations that will NOT be Considered: Elective bills; bills related to routine vehicle repairs; child support payments by applicant; expenses/bills resulting from divorce or separation; attorney fees; situations related to extended family members; or garnishments of an employee’s paycheck due to past debt. More info is available here.