Billings, MT, April 15, 2020 (GLOBE NEWSWIRE) --
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Billings, MT — Rocky Mountain Bank announced today it will commit $100,000 to support four local community initiatives related to Montana’s COVID-19 crisis. The Billings-based bank will make significant contributions to the Billings Food Bank, HRDC, Flathead Food Bank, and Family Promise of Gallatin Valley. This latest community outreach follows earlier announcements about the bank’s comprehensive COVID-19 response measures centered around financial relief for clients and employee safety.
“This is an unprecedented time for families and businesses across Montana,” expressed Tod Petersen, President and CEO of Rocky Mountain Bank. “Our employees, clients, and community continue to come together to help one another during this crisis. It has reinforced how fortunate we are to live and work in Montana. On behalf of our amazing team at Rocky Mountain Bank, I am proud to support these important community relief efforts.”
As the COVID-19 crisis persists, the demand for emergency meal services, shelter services, and related hardship services continues to surge. Rocky Mountain Bank has focused its contribution to support these growing needs.
Contribution funds will be allocated to the following causes:
$40,000 for Billings Food Bank
Rocky Mountain Bank will contribute $40,000 to the Billings Food Bank. The organization provides more than 14 million pounds of food to local residents needing assistance every year. It also helps distribute blankets, quilts, hygiene kits, student lunches, and other essentials across the region. The nonprofit also operates the Fortin Café & Gift Shop and the Fortin Culinary Training Center. More information is at https://billingsfoodbank.com/.
$30,000 for HRDC
HRDC will receive $30,000 from Rocky Mountain Bank. The nonprofit operates the Gallatin Valley Food Bank, Big Sky Community Food Bank, and Headwaters Area Food Bank. It also runs Bozeman’s Fork and Spoon, an innovative pay-what-you-can café, and the Warming Center for the Homeless. Additionally, the group leads a series of other initiatives centered on housing, community transportation, senior empowerment, youth development, and more. More information is at http://www.thehrdc.org/.
"While HRDC's mission has not changed, how we meet that mission is constantly evolving in this challenging time,” explained Heather Grenier, president/CEO of HRDC. “This support will enable us to ensure nobody goes to bed hungry, everyone has a safe, warm place to shelter in place and our elderly have the essential items they need to remain safe at home. We continue to be humbled by the generosity of this community and the support for our neighbors in need."
$20,000 for Flathead Food Bank
Rocky Mountain Bank will provide $20,000 to the Flathead Food Bank. The organization provides food services to disadvantaged individuals and families across the Kalispell region. The organization’s key programs include its main Kalispell pantry, mobile pantry service, student backpack lunch program, and its commodity supplemental food program. More information is at http://flatheadfoodbank.org/.
“Thank you Rocky Mountain Bank for this amazing blessing so we can feed not only Flathead County but Northwest Montana and all of those struggling during our global crisis, expressed Jamie Quinn, executive director for Flathead Food Bank. “Your support will help us to get food to children out of school, senior citizens sheltering in place, people laid off during a difficult period in their lives, and so many others.”
$10,000 for Family Promise of Gallatin Valley
Rocky Mountain Bank will contribute $10,000 to Family Promise of Gallatin Valley. The nonprofit works with a large base of local volunteers to provide shelter, meals, job training, and other necessities to bring lasting solutions to families in need. More information is at http://www.familypromisegv.org/.
"Imagine being told to shelter in place and homeschool your children, when you don't have a home to go to,” asked Christel Chvilicek, executive director of Family Promise of Gallatin Valley. “The support from Rocky Mountain Bank during this pandemic will ensure we can continue to support our most at risk population in Gallatin Valley. We can't thank them enough for the support."
CONTACT:
Tod Petersen
President & CEO
Rocky Mountain Bank
406-556-7607
tpetersen@rmbank.com
Steve Ebner
Regional Marketing Officer
Rocky Mountain Bank
303-880-3405
sebner@htlf.com
About
About Rocky Mountain Bank Rocky Mountain Bank, a subsidiary of Heartland Financial USA, Inc., (NASDAQ: HTLF), is a state-chartered, community-invested bank with more than $532 million in assets. Headquartered in Billings, Montana, the bank also has offices in Bigfork, Bozeman, Kalispell, Plains, Plentywood, Stevensville and Whitehall. With a focus on business and personal lending, and deposit services, they are dedicated to making Great Things Happen! for their customers. For more information, visit www.rmbank.com or call 406.655.5112. Rocky Mountain Bank is a member of the FDIC and an Equal Housing Lender. About Heartland Financial USA, Inc. Heartland Financial USA, Inc. is a diversified financial services company with assets of $13.2 billion. The company provides banking, mortgage, private client, investment and insurance services to individuals and businesses. Heartland currently has 114 banking locations serving 83 communities in Iowa, Illinois, Wisconsin, New Mexico, Arizona, Montana, Colorado, Minnesota, Kansas, Missouri, Texas and California. Additional information about Heartland Financial USA, Inc. is available at www.htlf.com. Safe Harbor Statement This release, and future oral and written statements of Heartland and its management, may contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 about Heartland’s financial condition, results of operations, plans, objectives, future performance and business. Although these forward-looking statements are based upon the beliefs, expectations and assumptions of Heartland’s management, there are a number of factors, many of which are beyond the ability of management to control or predict, that could cause actual results to differ materially from those in its forward-looking statements. These factors, which are detailed in the risk factors included in Heartland’s Annual Report on Form 10-K filed with the Securities and Exchange Commission, include, among others: (i) the strength of the local and national economy; (ii) the economic impact of past and any future terrorist threats and attacks and any acts of war, (iii) changes in state and federal laws, regulations and governmental policies concerning the Company’s general business; (iv) changes in interest rates and prepayment rates of the Company’s assets; (v) increased competition in the financial services sector and the inability to attract new customers; (vi) changes in technology and the ability to develop and maintain secure and reliable electronic systems; (vii) the loss of key executives or employees; (viii) changes in consumer spending; (ix) unexpected results of acquisitions; (x) unexpected outcomes of existing or new litigation involving the Company; and (xi) changes in accounting policies and practices. All statements in this release, including forward-looking statements, speak only as of the date they are made, and Heartland undertakes no obligation to update any statement in light of new information or future events.