COVID-19 Resources

Financial Relief

We know that many of our customers have been negatively affected by coronavirus impacts and we stand ready to help. You may be eligible for relief options and we encourage you to stay in contact with your banker regarding your situation. Also, we encourage you to check with your local governments about any assistance they may offer.

Additional Resources

McHenry County Economic Development Corporation’s COVI-19 Business Resource Center

McHenry County College Small Business Development Center

U.S. Small Business Administration (SBA) Coronavirus Relief Options


The Coronavirus Aid, Relief, and Economic Security (CARES) Act provides banks with additional tools to help their customers and communities, and the nation’s economy, through the crisis. It ensures that billions of dollars will be used for loans, provided by banks, and guaranteed by the U.S. Small Business Administration. The Paycheck Protection Program, within this historic relief plan, established a $349 billion lending program for small businesses. The program provides small businesses with immediate, low-cost assistance for payroll and operating costs. Click here to learn more about the Paycheck Protection Program. 

To help small businesses and sole proprietors understand their emergency and payroll protection loan options under the new law, the U.S. Chamber of Commerce has released a helpful guide that can be found by clicking here: Chamber Guide

Among its provisions, the CARES Act also makes it easier to withdraw funds saved in certain tax-advanged retirement accounts like 401(k)s, and traditional Individual Retirement Accounts (IRAs). These temporary changes eliminate tax penalties on certain early withdrawals and relax the rules on loans you can take on some types of accounts. Additionally, there is no Required Minimum Distribution (RMD) for the 2020 calendar year. Contact your tax advisor for more information.

Stimulus Checks

Economic Impact Payments were automatically deposited into bank accounts starting on April 15. Please click here for more information.

Additional Assistance

The State Bank Group has a long history of partnering with and supporting the businesses and communities we serve. We remain committed to our customers in their time of need during these unprecedented times. We have temporarily implemented the below measures to alleviate some of the hardships many of our local businesses are facing.

  • .Savings account and money market limits:
    • For consumer and business customers, we have temporarily suspended any transaction limits from savings and money market accounts. Likewise, there will be no fee for exceeding the prior limit of six transactions per statement cycle. 
  • Certificate of Deposit Penalties Waived:
    • For consumer customers, we will waive penalties for certificate of deposit withdrawals in the amount of $10,000 or less.
    • For business customers, we will waive penalties for certificates of deposit withdrawals in the amount of $20,000 or less. 
  • Increased mobile deposit limits: 
    • Personal mobile deposit limits are now $5,000 per day, and up to ten checks may be deposited per day.
    • Business mobile deposit limits have been temporarily increased to $20,000 per check, $30,000 per user, and $50,000 per company per day. 

Contact your loan officer to discuss your situation and learn about special loan payments arrangements that you may be eligible for.

Branch Service

For the safety and well-being of customers and associates and to help with local health management efforts, we have temporarily suspended both drive-thru and lobby operations at the following locations: Hebron, Wonder Lake West, and Lakemoor. These closures will remain in effect until further notice. The following locations are offering drive-thru and walk-up services during regular business hours: Wonder Lake East, Johnsburg, Spring Grove, Harvard Ayer, and Harvard Division. Click here for branch hours and addresses.


All ATMs are operational and are disinfected regularly with EPA approved cleaning chemicals. Plus, as part of the fee-free MoneyPass ATM network, you have access to over 32,000 ATMs throughout the nation. Click here for the MoneyPass ATM locator.

Branch Appointments

Please contact your banker directly or call 815-728-8000 to make an appointment to access your safe deposit box, or meet in-person with a banker for matters that cannot be handled by phone.

Night Deposit Box Services

You may continue to use the night drop boxes available at the following branches: Wonder Lake East, Johnsburg, Spring Grove, Harvard Ayer, and Harvard Division.

Mobile and Online Banking

Most banking transactions can be performed in the safety and comfort of your home. Visit for helpful videos about our digital banking services.

In need of assistance?

Customer Care: 815-728-8000

Consumer Loans: Call Jim King at 815-728-8619

Business Loans: Contact your loan officer directly, or call 815-728-8000.

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Be Alert

During heightened times of fear and uncertainty, criminals often take advantage of the situation. It is important to remain as vigilant as ever, during the coronavirus pandemic. To learn more visit: Federal Trade Commission website.

The Centers for Disease Control and Prevention (CDC) has up-to-date information about COVID-19. Visit the CDC website to learn more about COVID-19 and how to protect yourself and loved ones.