First Community Bank of Moultrie County Donates to Charitable Causes

Photos by Mike Brothers
First Community Bank of Moultrie County received a $20,000 grant from the Federal Home Loan Bank of Chicago and gave $2000 checks to ten non-profits in the County. At the Sullivan bank presentation from left: Angela Carnes and Betsy Miller of Moultrie County Paws; First Community Bank Sullivan President Reid Molzen making the presentations; Moultrie County Counseling Center, Dave Cole; CEFS Economic Opportunity and CEFS Moultrie County Food Pantry Coordinator Lisa White received $2000 for each organization; Sullivan Ministerial Association treasurer Dave Dolan; Mid-Illinois Senior Center Director Kathi Shackles; and Secret Santa representative Diane Waggoner
Grant from Federal Home Bank
•May 13, 2020•
By Mike Brothers
Ten charitable organizations in Moultrie County received $20,000 from First Community Bank last week.
First Community Bank of Moultrie County in Sullivan and Lovington received a grant from Federal Home Loan Bank of Chicago in the COVID-19 program.
First Community Bank president and CEO Ray Duncan explained the Chicago bank, which loans funds to financial institutions in Illinois, contacted the Sullivan bank about the grant program.
“We got the notice during an officer’s meeting and applied the next day,“ Duncan said, emphasizing some 1000 financial institutions in the state were competing for a maximum $20,000 on a first come first serve basis.
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