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Stearns Bank Community Challenge

Posted on: Nov 23, 2022

$100,000 Match Offered to Benefit Catholic Charities, Salvation Army and St. Joseph Food Shelves

St. Cloud, Minn. (November 23, 2022) – 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.

“Stearns Bank is passionate about giving back to our communities through time, talent and resources,” said Rory Bidinger, Chief Marketing Officer at Stearns Bank N.A. “We are honored to be a part of a community that is strengthened through generosity.”

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.”

"We are incredibly grateful to Stearns Bank for offering a generous $100,000 match, to help combat hunger in our communities. The Stearns Bank Community Challenge is an impactful way you can give back and help those in need this holiday season. At CMCF, we believe we are better together, let’s work as a community during this season of giving, to truly make a difference,” said Greta Stark-Kraker, Executive Director of the Central Minnesota Community Foundation.


About Stearns Bank N.A.

Minnesota-based Stearns Bank National Association is a $2.4 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 25% 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 2022 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 mission is to Get the Job Done! For more information, visit StearnsBank.com.

 

About Central Minnesota Community Foundation

The 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 "We are incredibly grateful to Stearns Bank for offering a generous $100,000 match, to help combat hunger in our communities. The Stearns Bank Community Challenge is an impactful way you can give back and help those in need this holiday season. At CMCF, we believe we are better together, let’s work as a community during this season of giving, to truly make a difference,” said Greta Stark-Kraker, Executive Director of the Central Minnesota Community Foundation.