We have spent nearly 138 years building a legacy of integrity, soundness, and obligation to our communities with a strong emphasis on personal service. During this time of uncertainty, we want to take a moment to remind our customers that we are committed to guarding your funds and you can feel confident in knowing we will be here when you need us.
This foundation for confidence is solidified by the fact Stillman Bank is a “Member FDIC” financial institution and your money is protected inside the bank by federal deposit insurance. For more information regarding specific FDIC questions, click here.
Also, independent bank rating services continue to place us among the top banks in the country in terms of safety and soundness.
Limited Lobby Access & Customer Hardship Assistance
Our lobbies are currently limited access and have switched to “by appointment only.” However, all drive-ups remain open and are fully functional. If you’d like to make an appointment to meet with a banker, simply call and we will make appropriate arrangements with you.
If you have been personally impacted by COVID-19, we are here to support you and help find solutions. Please contact us at any time at email@example.com or 815-645-2266 if you need to discuss your circumstances and options that may be available to you.
While our lobbies continue to operate under limited access, our drive-ups do remain open during normal business hours during this time. It’s our commitment to provide you with the tools to manage your finances with ease, especially during times of stress or uncertainty. We encourage you to access your accounts remotely from home 24/7 with Stillman Online Banking at or via our mobile app. We have made it easy to securely and safely conduct almost any transaction from wherever you are.
Digitally accessible services include:
• Transferring funds
• Making payments
• Depositing checks (fee temporarily waived)
• Checking balances & reviewing account history
• Paying bills
• Applying for loans
• And more
You can download the Stillman Bank Mobile Banking App through the App Store®, Google Play™, or Amazon. If you would like to sign up for Online Banking or our Mobile Banking App, click the links below or contact any one of our six locations.Online Banking Mobile Banking
As a local, community bank, we are fully committed to our role as a small business partner. To ensure you are aware of all the options available to you during times like these, here is some important information regarding various SBA initiatives.
Paycheck Protection Program (PPP)
The Coronavirus Aid, Relief, and Economic Security (CARES) Act has allocated $350 billion to help small businesses keep workers employed amid these uncertain times. This initiative, known as the Paycheck Protection Program (PPP), provides 100% federally guaranteed loans to small businesses. The links below are helpful resources to small business owners that include a detailed guide about the program including timelines and checklists as well as the program application.
Economic Injury Disaster Loan Funding (EIDL)
EIDL disaster relief loan program provides small businesses with working capital loans of up to $2 million to help overcome the temporary loss of revenue they are experiencing. For more information, click the link below.
Local Small Business Relief
The City of Rockford Government and Mayor McNamara announced the creation of the COVID-19 Small Business Emergency Loan Fund. This $2 million loan fund (and growing) has been established by the Northern Illinois Community Development Corporation and will be managed by the Rockford Local Development Corporation.
We are honored to be a funding partner for this small business emergency loan fund as well as a Northern Illinois Community Development Corporation shareholder. As a locally headquartered, community bank, we recognize how local businesses enrich our community and we are dedicated to helping them grow and thrive, especially during times of hardships.
Scammers are using every opportunity they have in order to obtain your personal information for their benefit. With so many emails, news articles, and social media posts regarding COVID-19, you are being inundated with a constant stream of information leaving you more vulnerable to a scam. As with any newsworthy topic, vigilance is imperative. It is important that you are aware of the possibility that fraud attempts may occur and also that you know what steps to take to help prevent being a victim of fraud.
Here are 5 things you can do to help protect yourself from scams:
- Ignore offers for vaccinations and home test kits. Scammers are selling products to treat or prevent COVID-19 without proof that they work
- Hang up on robocalls. Scammers use illegal sales call to get your money and your personal information.
- Watch out for phishing emails and text messages. Don’t click links in emails or texts you didn’t expect.
- Research before you donate. Remember that an organization may not be authentic just because it uses words like “CDC” or “government” in its name or has reputable looking seals or logos on its materials.
- Stay in the know. Continue to stay updated on any information you can especially when it comes to scammers.
Scams succeed because they look real and catch you off guard when you aren’t expecting it. By incorporating these tips into your daily routine, you can reduce the likelihood of becoming a fraud victim.
For more information regarding Coronavrius awareness, please visit the FTC website here.