Bank Midwest Grant to State Street Theater

Bank Midwest Community Fund Awards a $25,000 Grant to State Street Theater Company in New Ulm, Minnesota

Bank Midwest is proud to support the State Street Theater Company’s endeavor to refurbish the building to keep the theater safe and operable for years to come. The Company’s mission is to bring joy and the craft of Theater to the New Ulm area through productions, educational workshops, and providing a performing arts venue for residents of all ages. The Company does so while also serving as steward to a unique and nationally recognized site.    

The project’s goal is repair and reinstate the sprinkler system, replace the roof, and replace seating. 

State Street Theater Company helps make our New Ulm community vibrant,” states Bank Midwest Community Bank President, Shannon Hillesheim. “The Theater offers creative and educational outlets for citizens of all ages, and we’re proud to be part of continuing that legacy.”

The total project cost is $500,000 with a goal to complete all work by summer 2019. The roof and seating repairs will be completed in accordance with Minnesota’s Historic Preservation guidelines.  

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, as well as how much market area the organization or event will reach, and the potential for employee involvement.

About Bank Midwest

Bank Midwest is an employee-owned organization with 11 locations throughout Iowa, Minnesota and South Dakota.  The financial institution has assets of $809 million, and is a full-service financial institution offering loans and traditional FDIC-insured accounts, as well as insurance, investment and trust services.  (Investment and insurance services are not deposits, not FDIC insured, not guaranteed by the bank and may go down in value.)