Riverside Bank To Pay 1 Month's Mortgage or Rent in Contest

SEBRING - Riverside Bank has announced a sweepstakes in which winners will have one month's mortgage or rent paid for by the bank. The contest is created in response to a slumping economy at a time when most households are feeling the results of holiday spending.

"We understand that many people in the home towns we serve are feeling the pinch of the difficult economy. We thought by presenting this sweepstakes, we could ease their pain a little," said John Williams, regional president in Highlands, Polk and Okeechobee counties. "By eliminating the responsibility of one month's mortgage or rent payment, winners can use their funds toward paying off other bills or whatever else they choose."

The contest, which began earlier this month, ends at 11:59:59 on March 31.

A total of 15 winners will be selected; five at the end of each of three months, one in each of the bank's five operating regions - Central Region (Indian River, St. Lucie and Martin counties), Palm Beach County, Heartland Region (Polk, Highlands and Okeechobee counties), North Region (Volusia and Lake counties) and Brevard Region (Brevard County).

To enter the contest, individuals should visit any Riverside Bank branch and complete an entry form. They do not need to be a Riverside customer and do not need to open an account.

The promotion is open to legal residents of the United States who are 18 years of age or older as of Jan. 14, 2008. Commercial mortgage and commercial rent payments are not eligible. Employees of Riverside and their immediate families are not eligible.