Flatwater Bank

6 BUSINESS VIEW MAGAZINE VOLUME 9, ISSUE 3 figuring out how to get them funding. That really expedited the process so they could get the working capital and liquidity that they desperately needed.” When residents of this nursing home were isolated, the bank participated in an adopt-a- resident program. Rickertsen recalls, “It just worked out so well, because we’d already been helping them financially, but we also saw the toll the pandemic was having on their residents. Our employees adopted their residents and sent them care packages and those who could presented the gifts at their windows. It was a fun way to do a little bit extra.” Flatwater Bank provided 588 PPP loans; the largest nearing $3 million. Near the end of the Paycheck Protection Program, the bank was no longer able to submit applications due to it not being in an underserviced community. However, Flatwater had several customers that still needed help, so it partnered with another bank in Gordon, Nebraska to submit loans on behalf of those customers. There were no financial incentives for Flatwater Bank for this effort, but the willingness to assist and service their local businesses and the new relationships developed in the process is a point of pride. FLATWATER BANK