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COVID-19 Relief Program

As a community bank, Horicon Bank has 124 years of history caring for our customers and communities - especially in times of need. We are committed to supporting you and your business through the uncertainties of the COVID-19 crisis. 

Our COVID-19 Relief Program is designed to alleviate some of the financial hardships you may face as a result of illness or workplace changes.

Relief For Consumers:

  • Consumer Credit Card Payment Relief -  We will provide temporary payment relief assistance, with a “skip a payment” feature. Customers will be able to skip up to two minimum payments; finance charges will continue to accrue. For more information about payment relief, please call 888.343.3040.
  • Consumer and Mortgage Loan Payment Deferral Program - If you are facing a financial hardship due to COVID-19, Horicon Bank will make available a payment deferral for up to 90 days. For assistance or questions, contact your Horicon Bank lender or call our Customer Support Center at 888.343.3040.
  • Consumer Loan Late Fee Suspension – We will suspend late fees on loan payments for the months of April and May 2020, providing customers the opportunity to adjust to workplace changes.
  • Suspension of Foreclosure Program – We will suspend foreclosure actions on residential properties for 60 days, unless required by federal or government agencies. For assistance or questions, please contact your Horicon Bank lender.
  • Repossession Halt Program – We will not initiate any new repossession actions for 60 days for vehicles, RVs, or marine craft financed by Horicon Bank. For assistance or questions, please contact your Horicon Bank lender.

Relief for Business Owners:

  • Business Loan Payment Deferral Program – If your business is facing a financial hardship due to COVID-19, Horicon Bank will make available payment deferral plans up to 90 days. For assistance or questions, contact your Horicon Bank lender or call our Customer Support Center at 888.343.3040.
  • Business Credit Card Payment Relief – We will provide temporary payment relief assistance, with a “skip a payment” feature. Customers will be able to skip up to two minimum payments; finance charges will continue to accrue. For more information about payment relief, please call 888.343.3040.
  • Business Loan Late Fee Suspension – We will suspend late fees on loan payments for the months of April and May 2020, providing customers the opportunity to adjust to workplace changes.
  • SBA Loan Programs – The U.S. Small Business Administration (SBA) is offering loan/interest federal disaster loans to assist businesses affected by COVID-19.

The Coronavirus Aid, Relief, and Economic Security (CARES) Act

The CARES Act allocates $350 billion to help small businesses keep workers employed during the COVID-19 crisis and resulting economic hardship. Horicon Bank is working hard to implement the beneftis of the CARES Act for the benefit of our communities. 

SBA COVID-19 GUIDANCE AND LOAN RESOURCES

OFFICIAL CHECKLIST FOR PP PROGRAM

OFFICIAL SBA PAYCHECK PROTECTION PROGRAM APPLICATION

SBA EIDL DISASTER LOAN PROGRAM

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