KENTUCKY BANKS & THE COVID-19 PANDEMIC
HOME FEDERAL BANK FINDS A WAY TO CELEBRATE 100 YEARS Home Federal Bank was planning to commemorate their 100th year anniversary this May, but with COVID-19, they have quickly shifted their plans of celebration to immediate actions in support of the small businesses, individuals and the communities they have served since 1920.
HOME FEDERAL BANK SAID:
1
The first way was to have each of our branches start a weekly order with a local restaurant. With this, we are supporting 5-7 restaurants each week. This has been a great way to not only support the restaurant owners and staff, but it’s also a way to support our employees who have been working so hard as well.
2 3
The second way we have supported small businesses is by giving away $10,000. We had each employee select a local business or individual to send a personalized message to, letting them know we are thinking of them during this difficult time. We sent out a total of 100 cards with a crisp $100 bill as an extra surprise, symbolic of our 100th year! And the third way to show our support was to extend the SBA/PPP loans to our area businesses that have been impacted by COVID-19.
CONGRATULATIONS! FROM THE KBA Congratulations to everyone at Home Federal Bank for the century of service to your community, and all that you are doing now in support of your community!
KENTUCKY BANKER Spring 2020 Special Edition | 17
