As a Small Business Owner, we want you to know we are here for you! As the economic impact of COVID-19 begins to surface and you look to apply for some government financial relief, here are a list of items that you should have ready:
- Tax Information Authorization (IRS Form 4506T) for the applicant, principals and affiliates.
- Complete copies of the most recent Federal Income Tax Return.
- Schedule of Liabilities (SBA Form 2202).
- Personal Financial Statement (SBA Form 413) (Other Information may also be requested)
Please chat with your Roundbank Commercial Banker for further advice and assistance. More information is available on the SBA disaster assistance website at SBA.gov/Disaster
- These loans may be used to pay fixed debts, payroll, accounts payable and other bills that can’t be paid because of the disaster’s impact. The interest rate is 3.75% for small businesses. The interest rate for non-profits is 2.75%.
- SBA offers loans with long-term repayments in order to keep payments affordable, up to a maximum of 30 years. Terms are determined on a case-by-case basis, based upon each borrower’s ability to repay.
Limited Lobby Services at Roundbank
As many businesses begin to open back up again, we have made the decision to slowly roll back our restrictions on lobby access. As of Thursday, May 21st, 2020, we will be opening our lobbies up to appointments only. We will continue to work remotely and ask that if you can conduct your business via phone or email, you continue to do so. We will be slowly bringing staff back into the branches while utilizing proper social distancing practices. Drive-thrus will continue to remain open.
We still have the health and safety of our customers and staff our upmost priority. Although they are not required, we will have masks available for you to use. You may be asked to pull down your mask momentarily for proper identification. We have social distancing measure in place with floor decals and direction from our in-branch staff.
During this period of limited lobby access, we are still just a phone call away. The exceptional financial services that we have always provided for our customers will not change. Most of our services can still be conducted via drive-thru, night deposit boxes, and ATMs. We will be able to take appointments and ask that you please call ahead and discuss your situation with one of our Universal Bankers so that we may develop a plan on how to best serve your needs. We are also happy to support you through our online banking and mobile banking tools.
As your trusted community financial institution, we are doing our part to protect the communities we serve. We will continue to keep you up to date as we move forward. You can also check our website at www.roundbank.com for the latest updates.
We thank you for being a valued Roundbank customer and as always are online services are available 24/7 for your convenience.
To our valued customers,
We are actively monitoring the situation with COVID – 19 (Coronavirus) and have business continuity and pandemic response plans in place to continue to provide access to your accounts and the services that you need.
Our offices are open for business and we have taken steps to assure that our environments are safe for employees and customers. Your can count on your Roundbank team to continue to provide you with exceptional service during these uncertain times.
Our #1 priority is to ensure the safety of our customers and our employees. In the event employee(s) have symptoms that could indicate a contagious illness they will be sent home.
If you have been affected by COVID-19, please call us and we can help you over the phone. We will need to verify some personal identifiers to assist you, but we won’t ask you for confidential information such as your PIN (Personal Identification Number) or account passwords.
We are actively cleaning and disinfecting any common use surfaces in all of our offices. In addition, we have hand sanitizers available for your use. If you have any concerns, or would like to make an appointment by phone, please give us a call.
And, as you know, our electronic banking services are used for the majority of your financial transactions and we are committed to assure that these networks are available to use during this time. We want to be the easiest part of your day. Visit us at www.roundbank.com/personal-banking-made-easy/ to find out the ways to utilize our online and mobile services
- Personal and Business Online Banking are available from our homepage of our website and will allow you to do business anywhere, anytime.
- Connect with us to help resolve any concerns via phone or email roundbank.com/contact-us/
Follow us on social media (Facebook, Twitter, LinkedIn, Instagram, etc.) or visit our website at www.roundbank.com to stay up to date with what is happening at Roundbank
If you would like more information on COVID-19, please refer to the CDC website for more details www.cdc.gov/coronavirus/2019-ncov/index.html
We thank you for your business and will keep you informed of any future actions needed to assure the safety of our employees and customers, our #1 priority.
Roundbank – Positively Impacting People’s Lives Since 1881
We would like to welcome Gretchen Holmgren to our Roundbank Retail Team. She has accepted and started the role of Vice President, Retail Sales Manager and is overseeing our Retail team at all 4 of our branches. Gretchen brings with her a wealth of knowledge having been in the banking industry for over 16 years. 14 of those years were in a management role. Gretchen received her bachelor’s in Communications from Concordia University in St. Paul.
Holmgren states, “I sincerely love helping people reach their financial dream. My goal for the team is that we can help out clients be in a better spot financially than where they are today.” With Gretchen’s 25 years in customer service, we know that she will have a positive impact on our customer’s lives.
Gretchen will be based out of our New Prague branch, while also working throughout all our branches. Gretchen and her husband of 21 years have two boys and a wonderful dog.
We are excited to have Gretchen on board with her enthusiasm and understanding of customer service.