First Community Bank of Moultrie County Donates to Charitable Causes
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.
Login or Subscribe to read the rest of this story.