Flooding in southeastern Wisconsin left a bank’s vault full of cold, wet cash.
Every single bill inside the depository at the Fox River State Bank in Burlington was destroyed last week when 21 inches of water rushed into the building.
Keith Polleck, the bank’s CEO and president, declined to reveal how much money was ruined ― but said customers needn’t be worried as the Federal Reserve would replace every dollar affected.
Polleck said “stuff was floating everywhere” as water from the nearby Fox River penetrated the building.
The branch was forced to close for several days as restoration crews cleaned up the damage. Staff continued conducting business from the bank’s second office in nearby Lake Geneva.
Polleck told The Journal Times that he plans to offer emergency loans to locals affected by the flooding.
“People have been hit really hard by this,” he said. “If they need some help fixing their house up or their business we’d like to help them. We take our responsibility of being (a) community bank in Burlington very seriously.”