Local, family-owned New Market Bank contributed $15,790 to nonprofit organizations, schools and public safety programs during 2018. The total includes bank donations, donations by employees and customers, which the bank matched, and sponsorships of fundraisers benefiting nonprofit organizations such as the Southern Valley Alliance for Battered Women, mentoring programs and veterans organizations.
“The heart of community banking is the community,” said Anita Drentlaw, CPA, president of New Market Bank. “We pride ourselves on supporting nonprofits in the south metro, many of which fly under the radar of corporate giving programs, because it improves the quality of life for the people we serve and the communities in which we live and work.”
Each month, New Market Bank chooses a nonprofit to support through its Give Back to the Community program. Donations made by employees and customers at any branch location through that month are matched dollar-for-dollar by the bank, up to a specified limit. In 2018, the nonprofits supported through the Give Back to the Community program included Think Great Foundation, Pawsitive Perspectives Assistance Dogs (PawPADs), the FISH Network, Chase’s Warriors Foundation, the Prior Lake-Savage Optimists Foundation and the Toy Corner. The monthly nonprofits are chosen based on recommendations from employees and customers, with an internal committee making the final selections.
The bank also frequently supports fundraising events as a sponsor. In 2018, these sponsorships benefitted organizations such as: the BestPrep, the Lakeville Public Safety Foundation, St. Michael’s Catholic School in Prior Lake and the Elko New Market Fire Relief Association. According to the bank’s community giving policy, it focuses its support to have greater impact in selected causes. Specifically, the bank supports established 501(c)(3), 501(c)(4) or 501(c)(6) nonprofits. The nonprofits must benefit the communities where New Market Bank operates: Elko New Market, Lakeville or Prior Lake and neighboring communities. For more information and to submit a request for support, visit: https://newmarketbank.com/about-us/community
About New Market Bank
Founded in 1905 as the First State Bank of New Market, New Market Bank is an independent, fourth-generation, family-owned bank serving the southern Twin Cities area with offices in Lakeville, Prior Lake and Elko New Market. For over 100 years, New Market Bank has built trusted relationships with its customers by providing banking as easy and sincere as a handshake.
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