Vice President of Commercial Lending at Nicolet Bank Jamie Alberts confirmed Wednesday afternoon that three branches in Door County would be permanently closing.
The bank is altering its footprint in the area by shuttering the Brussels, Fish Creek, and Ellison Bay locations. Alberts says it is important to note that it does not equate to a reduction in overall service to the community. He points to Nicolet’s work with the Paycheck Protection Program, which has made loans to 681 Door County businesses. The bank has also helped out clients where the PPP was not the best option. The Nicolet grant program comes with no terms and is not expected to be repaid. In Door and Kewaunee Counties, 141 businesses got just over $540,000 of grants in total.
*Photo courtesy of Nicolet National Bank website.
