Madison, WI (May 12, 2020): Capitol Bank, through their partnership with the Federal Home Loan Bank of Chicago (FHLBank Chicago), has received a $20,000 grant for the purpose of providing donations to organizations in the Madison area.
“An important part of being a community bank is our involvement at the local level. We are fortunate to receive this grant, allowing us to further our community support at a critical time,” said Ken Thompson, President and CEO of Capitol Bank.
An internal group of employees, the “Capitol Cares Committee” determines each year how Capitol Bank’s donation budget will be dispersed in the community. In addition to the $20,000 grant, Capitol Bank is contributing an additional $5,000 to organizations providing COVID-19 relief in Dane County. The organizations chosen to receive a portion of the $25,000 include: Badger Prairie Needs Network, Boys & Girls Club of Dane County, Domestic Abuse Intervention Services (DAIS), Habitat for Humanity of Dane County, Lussier Community Education Center, Middleton Outreach Ministry (MOM), Porchlight, Second Harvest Foodbank, United Way of Dane County and UW Health COVID-19 Response Fund.
“While every non-profit is feeling the impact of COVID-19, the committee focused on basic needs and some of the organizations that could be the most impactful to fulfill those needs in our community right now,” said Ami Myrland, Senior Vice President and Chief Financial Officer at Capitol Bank.
About the Grant Program: The Federal Home Loan Bank of Chicago is offering a COVID-19 Relief Program which includes grants to support member institutions and the communities they serve in Illinois and Wisconsin that have been directly impacted by the COVID-19 pandemic. For more information visit fhlbc.com.
About Capitol Bank: Capitol Bank, locally owned and operated since 1995, is committed to serving the communities in which we live, work and do business. We are proud of the partnerships we have established with organizations, businesses and individuals in the Dane County area. Our philosophy of community support is demonstrated at the corporate level, as well as in the time and energy our employees devote to our community each year. Capitol Bank is Member FDIC.
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