Instructions

As a service to our customers, State Bank of Countryside performs construction loan payouts in-house. No more haggling with a title company over your payout, just come to any SBC location and let us take care of you.


NOTICE OF NEW CONSTRUCTION PAYOUT HOURS!


Monday, Wednesday and Friday ONLY

9:00am - 1:00pm

2:00pm - 4:00pm



Payout Instructions


For Payouts to go quickly and efficiently, the following is needed:


  • Approval by the owner of the loan, at least twenty-four (24) hours in advance of payout.
  • Waivers need to be completed before arrival
  • Original material waivers, when required, submitted with payout request
  • Mason and Concrete Contractors must fax waivers and material waivers twenty-four (24) hours in advance of payment; the fax number is (708) 485-3126
  • W-9 information on file. If it is the subcontractor's first payout of the calendar year, an updated W-9 must be completed