Helping Businesses and Local Organizations
Commerce State Bank has chosen 10 nonprofit organizations impacted by COVID-19 with a $2,000 donation for each organization totaling $20,000. Many of these nonprofits are setting up a Challenge Grant where Commerce State Bank will match donations, dollar for dollar, up to $2,000 for their COVID-19 Relief Fund during these unprecedented times. “It’s imperative we help our neighbors and support each other in fighting this common enemy,” said Joe Fazio, CEO & co-founder of Commerce State Bank. “We will continue helping others until this is over for everyone.”
Commerce State Bank is helping in other ways through this pandemic. Each employee of the bank selected a charity of their choice where Commerce State Bank sent $100 to each of these charities in honor of the employee. “Small Businesses are the lifeblood of a community,” said Joe Fazio. Our dedicated employees processed 389 Paycheck Protection Program (PPP) loans for over $72 million and we are waiving fees and working through loan payments with our clients impacted by COVID-19.
Commerce State Bank began in August 2005 and is a full-service state chartered bank headquartered in West Bend with offices in Cedarburg, Elm Grove and Sheboygan. Commerce State Bank is dedicated to helping communities through its Random Acts of Commerce program.
May 21, 2020