Minnesota-based New Market Bank donated nearly $30,000 to local nonprofits, schools and community initiatives in 2021.
The bank, with locations in Lakeville, Prior Lake and Elko New Market, nearly matched its 2020 community giving of $29,685 by contributing $29,703 last year. These donations included those given from the bank, employee customer donations which the bank matched, and sponsorships of fundraisers and special requests.
“We are serious about giving back to the communities we serve,” said Anita Drentlaw, CPA, president and CEO of New Market Bank. “By reinvesting profits back into Prior Lake, Lakeville and Elko New Market, we are supporting our local economies, our small businesses and the families who are our friends and neighbors. We’re a relatively small bank but our impact is significant.”
The bank chooses a nonprofit to support through its monthly Giving Back to the Community program. Employee and customer donations at any branch during that month are completely matched by the bank, up to a specified limit.
Nonprofits the bank supported last year included:
- Alpha Women’s Center
- Chase’s Warriors Foundation
- Darby’s Dancers
- FISH Network
- Free Bikes 4 Kidz
- Hope for the Community / Open Door / ROCK food pantries
- Shakopee Community Assistance (SCA)
- Sleep in Heavenly Peace-South Metro
- SnoTrails
- Southern Valley Alliance
- ThinkGREAT Foundation
- The Toy Corner
Customers and employees choose the monthly nonprofits. An internal committee makes the final selections. In 2021, the bank also supported special initiatives and fundraisers benefiting organizations such as BestPrep, the Elko New Market Fire Relief Association, DAV, Lakeville Chamber Foundation, the Blanchard Aquatic Center and Prior Lake Parks.