Medford, Wis.-based Prevail Bank recently donated $81,000 to 18 central Wisconsin nonprofits through its Charitable Contributions program.
A press release states that the program is available for local nonprofits to help people with low-to-moderate incomes; to spark communities financially; and/or enhance the standard of living for the underprivileged.
“Through the power of donation, we believe we are contributing to the success and growth of the communities we serve, which in turn provides the environment and tools for families and businesses to prosper,” said Prevail Bank President Nathan Quinnell. “We gift thousands of dollars, twice a year, through Prevail Bank’s Charitable Contributions program. We are passionate about economic development, financial stability, and the health, welfare, and growth of the individuals, families, and businesses we serve.”
One of the bank’s most recent donations included $4,750 to Friends of the Old School to help the organization buy and install a security system for historic buildings used for school and community events. The buildings, which have been on the State and National Registers of Historic Places since 2004, have been forced to close due to vandalism. Friends of the Old School President Laurel Shilts said the donations will allow the buildings to offer after-school programs, basketball games and practices, exhibits, auctions, annual business expos and other events.
“We are proud to support The Friends of the Old School,” said Linda Susa, Prevail Bank branch manager – Owen. “We’re a community bank that is passionate about economic development, financial stability, and the welfare and growth of individuals, families, and businesses.”
Another recent donation included $1,000 to Marshfield Area United Way to support the nonprofit’s programs and services. “We are proud to support the Marshfield Area United Way and the families of Wood County,” said Denise Sonnemann, Prevail Bank branch manager of Marshfield. “We’re a community bank that is passionate about economic development, financial stability, and the health, welfare, and growth of individuals, families, and businesses.”
Those donations came on the heels of 2021, during which Prevail Bank pledged $180,000 to support the construction of an exploration center slated to open in Portage County, Wisconsin, in summer 2023.