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Stock impact report

Heartland Financial USA, Inc. holdingcompany of Rocky Mountain Bank, processing $1.5B in Paycheck Protection Program Loans

Heartland Financial USA, Inc. (HTLF) 
Last heartland financial usa, inc. earnings: 4/27 04:01 pm Check Earnings Report
US:NASDAQ Investor Relations: htlf.com
Company Research Source: GlobeNewswire
rmb lOGO Billings, MT, April 10, 2020 (GLOBE NEWSWIRE) -- “Rocky Mountain Bank and its sister banks are currently processing approximately $1.5B in Paycheck Protection Program loans” said Tod Petersen, President and CEO of Rocky Mountain Bank. After they received over 7,000 requests for loans under the CARES Act Paycheck Protection Program in 72 hours, Rocky Mountain Bank and its sister banks stopped accepting new requests for the program on Monday afternoon. Petersen stated, “Our customers and wide-spread local communities are depending on us now more than ever, and our teams across the company have stepped up and worked countless hours to provide a lifeline to our customers as they navigate the provisions of the CARES Act.” Unlike many banks across the country, Rocky Mountain Bank and other Heartland Financial USA, Inc. community banks began accepting applications for the Paycheck Protection Program early on Friday morning just hours after the SBA published interim rules for p Show less Read more
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