| Halfway Totals: $137K Raised to Benefit Food Shelves |
| ST. CLOUD, Minn. – Stearns Bank N.A is increasing their match to $150,000 for this year’s Stearns Bank Community Challenge. The Challenge is hosted in partnership with the Central Minnesota Community Foundation. The increased match will still count dollar for dollar to each of the three participating food shelves. “The outpouring of generosity and support in Central Minnesota is inspiring,” said Rory Bidinger, Chief Marketing Officer, Stearns Bank N.A. “With our community’s continued support throughout the final two weeks of the Challenge, we can truly help our neighbors who depend on the area’s food shelves.” As we reach the halfway point, the Stearns Bank Community Challenge has raised just over $137,000 for the St. Cloud Salvation Army, Catholic Charities and St. Joseph food shelves. Donations for the Stearns Bank Community Challenge need to be received by December 31, 2022. 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 56303 or online at ccstcloud.orgSt. Cloud Salvation Army, 400 U.S. Highway 10 S, St. Cloud, MN 56304 or online at centralusa.salvationarmy.org/northern/StCloudSt. Joseph Community Food Shelf, PO Box 384, St. Joseph, MN 56374The Central Minnesota Community Foundation (CMCF) attracts and administers charitable funds for the benefit of the local community. Since 1985, CMCF has grown to over $143.7 million in assets and awarded over $148 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 collaborative of community foundations united under a single framework to create efficiencies that maximize the impact of our donors. Collectively, CommunityGiving administers over 1,000 funds totaling nearly $195 million. Learn more at CommunityGiving.org/CentralMN. About Stearns Bank N.A. Minnesota-based Stearns Bank National Association is a $2.3 billion, independently-owned financial institution with locations in Minnesota, Florida and Arizona, and over 35,000 small business customers nationwide, in every state across the U.S. Recognized as having a bullet-proof balance sheet with 20% capital and earning top rankings as one of the nation’s highest-performing banks by American Banker, and most recently ranked ninth in the U.S. among banks having more than $1 billion in assets by Independent Banker’s May 2021 Best of the Best ranking of banks with the highest 3-year average Return on Assets, Stearns Bank specializes in nationwide commercial construction lending, USDA and SBA lending, and small business and equipment financing. 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. |