Derecho Storm Assistance

Financial Assistance Loan

Derecho Storm Assistance

Financial Assistance Loan

Derecho Storm Assistance

The Derecho storm that swept through the area Monday, August 10th has been devastating to our communities. With the amount of damage, Hills Bank recognizes the challenges our customers are facing – and we’re here to help.

If you are an existing customer with a loan and/or deposit account, please connect with our banking team – online, by phone or at one of our branch locations - to explore options that might help during this time of need. Along with other options, we are offering a disaster assistance loan for qualified customers affected by the storms. There is a maximum loan amount of $7,500 at 2.997% APR* for up to 36 months, with no payment for 90 days.

*APR is Annual Percentage Rate, loans subject to credit approval.
Repayment example based on $7,500 borrowed on 9/15/2020 would result in 35 monthly payments of $219.19 beginning on 12/15/2020 and one payment of $219.14 on 11/15/2023.

We want to work with you to provide financial assistance when you need it most.

Protect yourself from storm-related scams and fraud by knowing what to look for.

How to spot a scam

Insurance claim checks are made out to both the homeowner and the lien-holder. Here’s what you need to know in order to deposit your mortgage insurance claim check.

Mortgage Insurance Claim Information

Derecho Resources for Businesses

Learn More