Though Stearns Bank N.A. has experienced significant growth over the years, the $2.2 billion-asset community bank hasn’t forgotten its roots.
Stearns Bank N.A.'s Mission for Senior Housing
December 22, 2023 / By ICBA
Though Stearns Bank N.A. has experienced significant growth over the years, the $2.2 billion-asset community bank hasn’t forgotten its roots.
Though Stearns Bank N.A. has experienced significant growth over the years, the $2.2 billion-asset community bank hasn’t forgotten its roots.
Recently, Stearns Bank demonstrated its continuing support to its hometown by donating $275,000 to Mother of Mercy Senior Living in Albany, Minn. This contribution will be used to fund the organization’s ongoing renovations with the goals of improving common spaces and bathroom accessibility.
“Our hope is that [the donation] is going to improve the livelihood of the residents there by giving them more spaces to meet with family members, [making it] a cheerier environment for them and [making it] more accessible, particularly for those who are handicapped,” said Rory Bidinger, the bank’s chief marketing officer.
Stearns Bank’s founder Norman Skalicky began supporting Mother of Mercy soon after moving to Albany with his family in the 1960s. Both the bank and the senior living community were founded near the same time and are part of the bedrock of the town. His daughter, Kelly Skalicky, Stearns Bank’s CEO, continues to carry the torch on the bank’s mission to support the community.
“We have a passion and a commitment for … making a positive difference in our communities, and this is one way of doing that,” Bidinger said. “This supports our commitment to making an impact on the communities where we have a presence throughout the U.S.”
—Victoria Schutz
Subscribe now
Sign up for the Independent Banker newsletter to receive twice-monthly emails about new issues and must-read content you might have missed.
Sponsored Content
Featured Webinars
Join ICBA Community
Interested in discussing this and other topics? Network with and learn from your peers with the app designed for community bankers.
Subscribe Today
Sign up for Independent Banker eNews to receive twice-monthly emails that alert you when a new issue drops and highlight must-read content you might have missed.
News Watch Today
Join the Conversation with ICBA Community
ICBA Community is an online platform led by community bankers to foster connections, collaborations, and discussions on industry news, best practices, and regulations, while promoting networking, mentorship, and member feedback to guide future initiatives.