ST. CLOUD, Minn. – Stearns Bank N.A. in partnership with the Central Minnesota Community Foundation is excited to announce the Stearns Bank Community Challenge. Stearns Bank is offering up to $100,000 as a match for every dollar donated to three area food shelves this holiday season.
“With economic uncertainty and the rising price of groceries, there is no better time to support our area food shelves,” said Rory Bidinger, Chief Marketing Officer at Stearns Bank N.A. “Central Minnesota is our home and Stearns Bank is honored to once again work with our community to help those who may not know where they will find their next meal.”
The Stearns Bank Community Challenge begins November 20, 2023. Donations for the Community Challenge need to be received by December 31, 2023. Contributions should be sent directly to any of the following eligible food shelves to the attention of the “Stearns Bank Community Challenge.”
- Catholic Charities, 911 18th Street North, Saint Cloud, MN 56302-2390 or online at ccstcloud.org/donate
- St. Cloud Salvation Army, 400 US Highway 10 S, Saint Cloud, MN 56304 or online at: https://centralusa.salvationarmy.org/northern/StCloud/
- St. Joseph Community Food Shelf, PO Box 384, Saint Joseph, MN 56374
“The Stearns Bank Community Challenge is an impactful way you can give back and help those in need this holiday season, said Greta Stark-Kraker, CMCF Executive Director. “We are incredibly grateful for this generous match, and we hope it inspires the spirit of giving throughout our community.”
The Central Minnesota Community Foundation (CMCF) attracts and administers charitable funds for the benefit of the local community. Since 1985, CMCF has grown to $143.5 million in assets and awarded $155.3 million in grants to non-profits. The CMCF is governed by a local board of directors and is a partner of CommunityGiving, which is a network of community foundations united under a single framework to create efficiencies that maximize the impact of our donors. Collectively, CommunityGiving administers over 1,100 funds totaling over $210 million in assets. Learn more at communitygiving.org/cmcf
About Stearns Bank N.A.
Minnesota-based Stearns Bank National Association is a $2.2 billion, independently owned financial institution with locations in Minnesota, Florida and Arizona, and over 35,000 small business customers nationwide. Recognized as having a bullet-proof balance sheet with 24% capital and earning top rankings as one of the nation’s highest-performing banks by American Banker, and most recently ranked fourth in the U.S. among banks having more than $1 billion in assets by Independent Banker’s 2023 Best of the Best ranking of banks with the highest 3-year average Return on Assets, Stearns Bank specializes in nationwide affordable housing, workforce and multifamily housing, commercial construction lending, build-to-suit and CRE-repositioning lending, family office and lender financing, USDA and SBA lending, and small business and equipment financing. As a national leader for nonprofits, Stearns Bank offers its customized suite of Nonprofit Banking Solutions specially designed to empower nonprofit organizations across the country. Driven by a passion to help others achieve their greatest ambitions, Stearns Bank’s mission is to Get the Job Done! For more information, visit StearnsBank.com.