STERLING, IL., May. 15, 2020 – Sauk Valley Bank, a leading locally-owned community bank, announced today that it has secured a $20,000 relief grant through the Federal Home Loan Bank of Chicago’s COVID-19 Relief Program for ten area nonprofit organizations: The Sauk Valley Food Bank, Tri-County Opportunity Council, United Way of Whiteside County, United Way of Lee County, YMCA of Sterling, YMCA of Dixon, YWCA of Sterling, NICIL— Northwestern Illinois Center for Independent Living, St. Vincent de Paul Food Pantry, and Sterling Rock Falls Day Care.
“Our nonprofits provide so much for our communities, but due to this crisis they’re struggling, and they need our support now more than ever,” says Dirk Meminger, President and CEO. “This relief grant is urgently needed for our nonprofit organizations and as a locally-owned community bank, we’re committed to doing everything we can to help our communities. Together with the Federal Home Loan Bank of Chicago, Sauk Valley Bank is fortunate to provide support for ten area nonprofit organizations that have been affected by the COVID-19 pandemic. It’s in coming together that we are stronger as a community. We are all in this together and we will get through these difficult times together.”
The Federal Home Loan Bank of Chicago’s COVID-19 Relief Program provides FHLBank Chicago member and associate member financial institutions with access to acquire a grant of up to $20,000 to assist nonprofit organizations within their communities that have been directly impacted by the COVID-19 pandemic. Those interested in more information about the relief grant program should visit FHLBC.com.
About Sauk Valley Bank
Sauk Valley Bank is a locally owned community financial institution that provides the highest quality products and services, by offering solutions that fit various customer financial needs; including personal, commercial, and agricultural. For more information on Sauk Valley Bank, visit saukvalleybank.com. Sauk Valley Bank, Member FDIC.
For further information: Lili Santillan, lsantillan@saukvalleybank.com (815) 632-4604
