Bank of Hillsboro, in partnership with Federal Home Loan Bank of Chicago, donated $2,500 to the Mount Olive Care Center and Food Pantry to help the nonprofit make needed building repairs and provide free meals to families.
The Mount Olive Care Center’s mission is to help community members who are in need of assistance. The nonprofit provides free meals for more than 100 families each month and also offers one-time assistance with water, utility, or rent bills. The Care Center also partners with the local school district to offer meals to children in school. Care Center Director Nancy Hubert said Bank of Hillsboro’s donation is coming at the perfect time.
“We have recently dealt with several roof leaks at our pantry which has affected our ability to safely store food and prevent it from getting wet,” said Hubert. “We just learned that we are going to need some very costly repairs, which of course, not ideal timing given that the need in our community is so great right now. It felt like a true blessing when Bank of Hillsboro called us and said we’d be receiving the donation.”
Bank of Hillsboro was able to offer the donation after applying for a $20,000 grant through the Federal Home Loan Bank of Chicago. The bank is offering a COVID-19 Relief Program consisting of zero-rate advances and grants to support all of its member institutions, such as Bank of Hillsboro, and the communities they serve.
Bank of Hillsboro Senior Vice President Mike Ward said the bank has distributed the money to six local nonprofits throughout their service area including Mount Olive Care Center. He said they were happy to donate a portion of the grant money to them once they learned about the need.
“Mount Olive Care Center is doing wonderful work in the community trying to offer people help in a variety of ways,” said Ward. “It is our privilege to also be able to extend that help to them through this donation.”
Bank of Hillsboro is a 150-year-old bank committed to supporting local communities and helping customers meet their financial needs. The bank is headquartered in Hillsboro, Illinois and has 11 additional locations in Alhambra, Altamont, Carlyle, Edwardsville, Effingham, Greenville, Highland, Keyesport, Pana, Staunton and Vandalia. More information about Bank of Hillsboro can be found at www.bankhillsboro.com or by calling 618-656-5804.