{"id":1319041,"date":"2020-03-23T20:28:00","date_gmt":"2020-03-24T02:28:00","guid":{"rendered":"https:\/\/www.postindependent.com\/business-briefs-432\/"},"modified":"2020-03-23T20:28:00","modified_gmt":"2020-03-24T02:28:00","slug":"business-briefs-march-24-2020","status":"publish","type":"post","link":"https:\/\/alwaysmountaintime.com\/kske\/local-news\/business-briefs-march-24-2020\/","title":{"rendered":"Business Briefs March 24, 2020"},"content":{"rendered":"
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On Feb. 29, the 88 Grill (formerly Elk Creek Mining Co.) had its official grand opening with an 80s-themed event with people dressed in their favorite 80s attire. Pictured, from left; Art Riddile, mayor of New Castle; Siobhan Milholm, president of the New Castle Chamber; Cori \u201cMaverick\u201d Webber; John Webber, owner of 88 Grill; Nicole Moore, business partner of 88 Grill; Debbie Nichols, town of New Castle and Chamber board member; and David Reynolds, town administrator.<\/strong>
Provided<\/em><\/figcaption><\/div>\n<\/figure>\n

ANB Bank announces program to help customers impacted by COVID-19<\/p>\n

ANB Bank<\/span> is taking a number of steps to help customers relieve financial stress due to the COVID-19 outbreak\u2019s significant economic impact, including offering a loan deferral program, effective immediately.<\/p>\n

ANB recognizes that quarantines, event cancellations, school closures and business closures are having a significant economic impact on many in the community. <\/p>\n

\u201cWe want our customers to know, our ANB team is here for them,\u201d stated Koger Propst, CEO & president of ANB Bank in a press release. \u201cOur low-moderate risk underwriting, our privately held model, and the fact that all our loans are portfolio loans put us in a unique position to respond to this challenge in a truly meaningful manner \u2014 one that will provide financial and emotional relief to our ANB customers in this challenging time.\u201d<\/p>\n

Amid the current uncertainty and likely economic challenges ahead, ANB is taking the following actions to help alleviate financial stress for customers.<\/p>\n

\u2022 Ensuring that borrowers with floating rate, prime-based loans receive the full impact of the Federal Reserve Bank\u2019s two emergency rate reductions, which total 1.5 percent, by reducing ANB Bank\u2019s prime borrowing rate and temporarily removing interest rate floors through Dec. 31, 2020.<\/p>\n

\u2022 Offering a three-month deferral of payments for all consumer and commercial term loans that require a monthly principal and interest payment. This includes installment loans, mortgages, home equity loans, commercial real estate loans, equipment loans, and any other loan that requires a monthly principal and interest payment. All customers are eligible; there is no fee or penalty; and there are no requirements to prove need or impact from the coronavirus.<\/p>\n

\u2022 Working directly with customers if they are experiencing financial difficulties and need assistance beyond the two actions noted above.<\/p>\n

ANB Bank is currently reaching out to all loan customers; however, customers are encouraged to contact their loan officer directly or call the customer care center at 866-433-0282 to proceed with the payment deferral or to discuss other options.<\/p>\n

via:: Post Independent<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

On Feb. 29, the 88 Grill (formerly Elk Creek Mining Co.) had its official grand opening with an 80s-themed event with people dressed in their favorite 80s attire. Pictured, from left; Art Riddile, mayor of New Castle; Siobhan Milholm, president of the New Castle Chamber; Cori \u201cMaverick\u201d Webber; John Webber, owner of 88 Grill; Nicole […]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[160],"tags":[],"class_list":["post-1319041","post","type-post","status-publish","format-standard","category-local-news"],"acf":[],"publishpress_future_action":{"enabled":false,"date":"2026-09-04 05:30:17","action":"change-status","newStatus":"draft","terms":[],"taxonomy":"category","extraData":[]},"publishpress_future_workflow_manual_trigger":{"enabledWorkflows":[]},"distributor_meta":false,"distributor_terms":false,"distributor_media":false,"distributor_original_site_name":"KSKE Ski Country","distributor_original_site_url":"https:\/\/alwaysmountaintime.com\/kske","push-errors":false,"_links":{"self":[{"href":"https:\/\/alwaysmountaintime.com\/kske\/wp-json\/wp\/v2\/posts\/1319041","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/alwaysmountaintime.com\/kske\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/alwaysmountaintime.com\/kske\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/alwaysmountaintime.com\/kske\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/alwaysmountaintime.com\/kske\/wp-json\/wp\/v2\/comments?post=1319041"}],"version-history":[{"count":0,"href":"https:\/\/alwaysmountaintime.com\/kske\/wp-json\/wp\/v2\/posts\/1319041\/revisions"}],"wp:attachment":[{"href":"https:\/\/alwaysmountaintime.com\/kske\/wp-json\/wp\/v2\/media?parent=1319041"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/alwaysmountaintime.com\/kske\/wp-json\/wp\/v2\/categories?post=1319041"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/alwaysmountaintime.com\/kske\/wp-json\/wp\/v2\/tags?post=1319041"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}