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Bank Midwest Community Fund Awards $10,000 Grant to Support Wanda Gag House Restoration in New Ulm

Bank Midwest is proud to support the Wanda Gag House Association’s initiative to restore the exterior of the Wanda Gag historic home to its historical period condition for future generations.

The Wanda Gag House Association was established in 1988, with the mission to educate and inspire by preserving the Gag Family home and celebrating the history of the Gag family of artists and their creative endeavors. The home receives between 2,000 and 3,000 visitors per year.

“We’re proud to take part in this project which helps preserve the history of our community,” states Bank Midwest Market President Shannon Hillesheim. “It’s important to honor the legacy and families that helped create the community we are today.”

Total costĀ for the project is $106,572 and completion is scheduled for late Spring or early Summer 2019.

The Bank Midwest Community Fund is designed to help support larger community projects that are meeting a unique need in the markets it serves. The fund accepts proposals from local, community-based 501(c)3 organizations and is focused on the arts, environment, recreation, youth, and general long-term community betterment initiatives.

To be considered, applicants must demonstrate how their project will impact Bank Midwest customers, shareholders and employees, a well as how much market area the organization or event will reach and the potential for employee involvement.

Bank Midwest is an employee-owned organization with 11 locations throughout Iowa, Minnesota and South Dakota. The financial institution has assets of $860 million, and is a full-service financial institution offering loans and traditional FDIC-insured accounts, as well as insurance, investment and trust services. (Investments and insurance services are not deposits, not FDIC insured, not guaranteed by the bank and may go down in value.)