COVID-19: Oostburg State Bank Offers Relief Measures

March 27, 2020

Dear Valued Customer,

Oostburg State Bank has a long history of service to our community, and the safety and welfare of our community is a top priority. We want you to know that your money is protected and that we're here to help.

We are prepared to continue to serve you, and our bankers are available to take your call and find a solution that meets your needs. Oostburg State Bank maintains local leadership and local decision making, which is important to our customers because it allows us to stay close to local developments and respond to your needs quickly.

Oostburg State Bank will be offering the following relief measures from March 27, 2020 to April 30, 2020 to support our customers who require financial assistance during this challenging time:

  • Penalty-Free CD Withdrawals - The no-penalty offer allows you to make one partial or complete withdrawal without penalty.
  • Late Fees Waived – Late fees on all consumer, mortgage, and business loans will be automatically waived for customers.
  • Consumer and Mortgage Loan Payment Relief - If you are experiencing a hardship due to the COVID-19 pandemic, please contact your Oostburg State Bank Relationship Manager. We are offering a variety of loan relief programs tailored to meet your specific need.
  • Business Loan Relief Program - If your business is experiencing a hardship due to the COVID-19 pandemic, please contact your Oostburg State Bank Relationship Manager. We are offering a variety of loan relief programs tailored to meet your specific need.

As a community bank, it is our goal to support our community. Our team is proud to support our local businesses by purchasing gift cards or take-out meals during this challenging time. We encourage others in our community to do so as well.

We encourage our customers to observe social distancing and to use our online banking services, our ATMs and drive-thrus, and our mobile app for everyday banking transactions.

Oostburg State Bank has a long history of supporting our community during times of need, and we know that our community relies on us. We're here to support you both now and in the future. Visit our website for the most up-to-date information regarding our COVID-19 response. On behalf of everyone at Oostburg State Bank, please stay safe and take care of your loved ones.

Sincerely,


Eric J. Glewen
President and CEO
Oostburg State Bank

 

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Oostburg State Bank
905 Center Ave
PO Box 700198
Oostburg, WI 53070-0198

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