LincolnWay Community Bank engineers two $10,000 COVID-19 grants

LincolnWay Community Bank today announced that it has secured $10,000 grants from the Federal Home Loan Bank of Chicago (FHLBank Chicago) to help the Silver Cross Foundation and MorningStar Mission fight the effects of COVID-19 in the LincolnWay area.

The FHLBank Chicago established its COVID-19 Relief Program consisting of zero-rate advances and grants to help Illinois and Wisconsin member institutions support the communities they serve that are directly impacted by the COVID-19 pandemic. As a FHLBank Chicago member institution, LincolnWay Community Bank applied for and received these $10,000 grants on behalf of the Silver Cross Foundation and MorningStar Mission.

“The COVID-19 pandemic has challenged all of us to show up for our communities in new and different ways,” said Katie Naftzger, FHLBank Chicago community investment officer. “We’re proud to support our members, such as LincolnWay Community Bank, and the impactful work they are doing to support their local economies through this challenging time.”

The Silver Cross Foundation is responsible for all forms of philanthropic support for the New Lenox hospital. It raises funds to help Silver Cross Hospital invest in new facilities, programs and technology, enhance caregiver expertise and to deliver safe, accessible patient care.

For more than 110 years, the main goal at MorningStar Mission in Joliet has been to help people in need. This non-denominational organization is dedicated to relieving the spiritual and physical hunger of the poor by providing food for the hungry, clothes for the needy, shelter for the homeless and the gospel for all.

“Both of these worthy organizations play a vital role in the health and wellness of families throughout the LincolnWay area,” said LincolnWay Community Bank president Mark Stevens. “As a locally owned and managed community bank, we must do all we can to support organizations like these that are on the front lines against this pandemic.”