A Message from Bruce Lee
Monday, March 30, 2020
Heartland Financial USA, Inc. stands by our employees, customers and communities in good times and during times of uncertainty.
Heartland’s strength, coupled with our strong leadership and dedicated local talent, position us to withstand the current economic conditions. Together, with our 11 member banks, we have built a fortress balance sheet with a combined $13 billion in assets and strong liquidity.
Our business model is designed to endure challenging times. We have a diverse geographic footprint that reduces risk and contributes to solid financial metrics that reflect our:
- strong net interest margin
- solid credit metrics
- conservative liquidity risk profile
- healthy capital levels
- diverse loan portfolio
We are uniquely situated to help customers during economic downturns. Our member banks are backed by the size and strength of Heartland, but maintain local leadership and local decision making.
This is important to our customers and allows us to stay close to local developments and respond to their needs quickly. We are prepared to help and provide loans to small businesses in our area through the CARES Act.
Heartland is pleased to be able to make a positive impact in our communities during this unprecedented time. We look forward to partnering with our customers during the current uncertainty as well as the better days ahead.
Together, we are Heartland.
Bruce K. Lee
President and Chief Executive Officer
Paycheck Protection Program Customer Testimonials
News & Updates
A Message From Bruce Lee
Monday, March 30, 2020
Dubuque, IA — As we navigate these turbulent times, we want to assure you that your health and safety is the most important thing to the Heartland Board of Directors and Heartland's leadership team. Heartland is well positioned to endure these difficult times. We intentionally built a strong business model to withstand economic shocks and our customers should understnad that we are uniquely situated to help them during economic downturns and uncertainty.
Have any questions about our response to the COVID-19 Pandemic? Contact us today.
Heartland Financial USA, Inc. and Member Banks Contribute $1.2 Million to Organizations Serving Our Communities
Tuesday, April 14, 2020
Dubuque, IA — Heartland Financial USA, Inc. (NASDAQ: HTLF) and its 11 member banks announced contributions totaling $1.2 million to support nonprofit organizations in our communities that are leading the response to challenges created by COVID-19.
Heartland Announces 20% Premium Pay Program
Thursday, April 9, 2020
Dubuque, IA — Heartland Financial USA, Inc. (NASDAQ: HTLF) announced additional support for employees who are on the front lines serving our customers during this challenging time. Hourly customer-facing bank branch employees and customer service representatives in our call centers will receive premium pay of 20 percent, effective April 1, 2020.
Heartland Processing $1.5B in Paycheck Protection Program Loans
Tuesday, April 7, 2020
Dubuque, IA – “We are currently processing approximately $1.5B in Paycheck Protection Program loans” said Bruce K Lee, President and CEO of Heartland Financial USA, Inc. After receiving over 7,000 requests for loans under the CARES Act Paycheck Protection Program in 72 hours, the 11 community banks operated by Heartland, stopped accepting new requests for the program on Monday afternoon.
Heartland Provides Relief and Support in Wake of COVID-19 Pandemic
Tuesday, March 31, 2020
Heartland Financial USA, Inc. announced relief and support for employees, consumers and businesses facing challenges due to the economic impact of COVID-19.
“We recognize that the emergence of COVID-19, and the dramatic steps we all must take to limit its spread, are creating financial and other challenges for our customers and communities,” said Bruce Lee, President and Chief Executive Officer of Heartland.