First Interstate Bank donates $22,500 to nonprofits
RAPID CITY, S.D – It’s beginning to look a lot like Christmas for a group of nonprofits in the Rapid City area.
First Interstate Bank donated a total of $22,500 to nine local organizations. This is the first year the bank did this, and it won’t be the last. They plan on making this a yearly holiday tradition.
“The whole community has had an amazing year. Since we did so well, we wanted to give money back to the community and invest in our community. One of our core values is taking care of the communities where we bank,” said Rost.
Some of the receiving organizations were the American Legion, the Salvation Army, and Black Hills Area Habitat for Humanity.
The funds were distributed based on need. The donations ranged from $1,000 to $10,000.
Some of the money will go toward housing teens fresh out of foster care, providing meals for those in need, and building homes for the less fortunate. Each dollar goes back into the community in some way, shape or form.
First Interstate says this is their way of thanking the organizations that bring life to the community.