Conforming Loan Payment Notice

Loan payments are posted/credited on business days. The business day used depends on the time the loan payment is made and the method used to make the loan payment. All loan payments must be made in U.S. currency and accompanied by either the account number or payment coupon.

Business days are defined as Monday through Friday, excluding federal holidays. Please note that Superior National Bank’s business day cut-off time is the branch closing time.

In Person - Loan payments received in person at a branch location by the branch closing time will be credited as of that business day.

Night Deposit - A loan payment placed in the night depository at any of our branch locations after 8 a.m. EST will be posted the next business day. We discourage the use of the night depository during business hours.

Internet Transfers / 24-Hour Telephone Banking - Loan payments or other transactions, made through online banking or via the 24-hour telephone teller after 8:50 p.m. ET will be posted the next business day.

Mail - Loan payments may be mailed to:

Superior National Bank & Trust Company
PO Box 450
Hancock, MI 49930

Any loan payments received via physical mail on business days by 10:00 a.m. ET will be posted on that business day. Loan payments received via physical mail on Saturdays, federal holidays, or after 10:00 a.m. ET on business days will be posted on the next business day. A loan payment mailed to a branch location address other than the one listed above will be considered non-compliant and may take longer to process. Please allow for at least three days for mail to be received and be aware that we may receive your loan payment on a non-business day, further delaying its posting.

Loan payments received in a manner not listed above will be considered non-conforming and may take longer to process.

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