Liberty Bank awards $20,000 in COVID-19 relief grants to local businesses and nonprofits

CHICAGO, Ill  June 11, 2020 Liberty Bank for Savings, recently awarded a total of $20,000 in grant money to nine local organizations.  Liberty Bank is the recipient of the grant through its membership with the Federal Home Loan Bank of Chicago, which offered grants for COVID-19 Relief to member institutions and the communities they serve.  Liberty applied for the grant on behalf of neighborhood small businesses and nonprofits.

“We are committed to supporting our customers and communities, now more than ever,” said William J. Smigiel, Chairman and CEO. “Through our partnership with the FHLB Chicago, we are pleased to be providing these grants to small businesses and nonprofit organizations in our community who are impacted by COVID-19.”

About Liberty Bank for Savings

Founded in 1898, Liberty Bank’s specialty is providing complete banking and lending services and delivering personal service to its clients and neighbors through five branch offices in Logan Square, Big Oaks, Lincolnwood, Norwood Park, and Park Ridge.  For more information, visit

About Federal Home Loan Bank of Chicago

FHLB Chicago partners with member institutions in Illinois and Wisconsin to provide them competitively priced funding, a reasonable return on their investment in the Bank, and support for community investment activities.  FHLB Chicago is one of 11 Federal Home Loan Banks chartered by the U.S. Congress in 1932 to promote homeownership.  Its members include banks, thrifts, credit unions, insurance companies, and community development financial institutions throughout our district. To learn more about FHLBank Chicago and its full range of products and programs, visit or follow them on Twitter @FHLBC or Facebook @federalhomeloanbankofchicago