Entities get $3,700 from AbbyBank

The Federal Home Loan Bank of Chicago (FHLB) offered a COVID-19 relief program consisting of a $20,000 grant to support member institutions and the communities they serve, and six Shawano area organizations benefitted from some of the funding.

The AbbyBank board of directors felt they could help make an even larger impact if they matched the $20,000 grant from FHLB. Craig Stuedemann, president and CEO, asked each location to decide where the funds are most needed in their communities.

In Shawano, employees distributed $3,700 between six local deserving organizations. Those organizations were; Shawano Area Matthew 25, Shawano Area Food Pantry and Resource Center, Wolf River Habitat for Humanity, Safe Haven Domestic Abuse Facility, Georgia’s House and The FRESH Project. Employees also purchased $2,000 in gift cards to hand out to those in need.

“Everyone was so thankful, and it was wonderful to hear the surprise in their voices when we thought of them for our donations. In times like these, it really makes your heart feel good to give back,” said Lisa Acra, a personal banker for AbbyBank in Shawano.

AbbyBank is an independent, community owned bank with assets of $550 million, serving customers and shareholders with offices in Gresham and Shawano and online at www.abbybank.com.