North Shore Bank to Offer Special Rebuilding Loan for Flood Victims

Bank to offer special rate on home equity lines of credit to disaster-area residents

07/18/2017

BROOKFIELD, Wis. – North Shore Bank today announced that it will offer special assistance for those dealing with the aftermath of the recent flooding in Burlington and surrounding areas.

For a limited time, those in the communities affected by the flooding can receive a special 1.99 percent APR home equity line of credit (HELOC) for four months through North Shore Bank.* Interested community members can visit any area North Shore Bank office to find out more about the special offer.

North Shore Bank has been serving the Burlington community for over 42 years and has eight offices serving people in Racine and Kenosha counties.

“Community involvement is important to us, and we are interested in helping people recover from the floods,”  said Michael Kellman, senior vice president of consumer lending at North Shore Bank. “We know many of our neighbors are looking at major rebuilding and cleanup projects as a result of the flooding, and we want to do everything we can to help.”

The bank has also opened a special relief fund, open for anyone to make a donation to support Burlington residents distressed by the results recent flooding. North Shore Bank will match up to $1,000 of the funds donated, which will be given to Love, Inc., a nonprofit located in Burlington that has been assisting people in need of water, ice, lodging, food and clean-up supplies.

North Shore Bank, headquartered in Brookfield, has assets of $1.9 billion and 47 offices throughout eastern Wisconsin and northern Illinois. Wisconsin locations are in metro Milwaukee, Ozaukee County, Racine, Kenosha, Appleton, Menasha, Green Bay and surrounding areas, Burlington, Union Grove, Muskego, and Door County. Locate a North Shore Bank office. You can also connect with the bank on Facebook, Twitter, Pinterest, and Instagram.
 
* Close by 9/30/2017. Home Equity Line of Credit (HELOC) customers get 1.99% APR fixed rate for 4 months after closing if home is in flood areas of Kenosha and Racine Counties. The non-promotional rate as of 7/13/2017 is 4.75% APR. Rate is locked for 4 months after closing. This is a variable rate loan with a maximum rate of 19.90% APR. Early termination fee applies, closing costs are $0-$1,100. Autopay required for promotional rate. Home owners insurance required. $60 annual fee may apply. Subject to credit approval. Member FDIC. Equal Housing Lender.

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