Market on the Hill receives $33,000 grant

[September 30, 2024]  

Longview Community Bank Secures $33,000 FHLB Grant for The Market on the Hill in Mt. Pulaski Longview Community Bank is proud to announce that it has successfully secured a $33,000 grant from the Federal Home Loan Bank (FHLB) to support The Market on the Hill, a vital community initiative in Mt. Pulaski. FHLB gave $30,000 and LCB matched 10%, $3000.

The grant will be used to enhance the operations and outreach of The Market on the Hill, ensuring it continues to provide fresh, locally-sourced produce and essential goods to the residents of Mt. Pulaski and surrounding areas. This funding will help expand the market’s capacity, improve infrastructure, and support community programs aimed at promoting healthy living and local agriculture.

About Longview Community Bank

Longview Community Bank is a trusted financial institution dedicated to serving the needs of its community. With a strong commitment to customer service and community development, Longview Community Bank offers a range of financial products and services designed to help individuals and businesses achieve their financial goals. The bank is known for its personalized approach and active involvement in local initiatives.

About The Market on the Hill

The Market on the Hill is a community-driven market located in Mt. Pulaski, Illinois. It focuses on providing access to fresh, locally-grown produce and other essential goods. The market supports local farmers and artisans, fostering a sense of community and promoting sustainable living. Through various programs and events, The Market on the Hill aims to educate and engage the community in healthy and sustainable practices.

About the Federal Home Loan Bank (FHLB)

The Federal Home Loan Bank System is a network of 11 regional banks across the United States that provide funding to financial institutions to support housing, infrastructure, and community development. Established during the Great Depression, the FHLB System ensures a reliable flow of cash to banks and mortgage lenders, helping to maintain stability in the financial system and support economic growth.

From the left, Amanda Scattergood General Manager Market on the Hill, Kaitlyn Weitekamp President Market on the Hill.  Sarah Thompson Vice President and cashier at Longview Community Bank

About the Federal Home Loan Bank Grant

The grant was offered to small businesses that meet certain criteria. To be eligible for the grant the small business must have a business relationship with the bank for at least 12 months, be a for-profit, be in IL, have a gross revenue of less than $1 million, and the business needs to directly contribute to community-building. There were also priorities that would dictate approval such as: diverse ownership, community involvement, and use of funds.

About Longview Capital Corporation:

Longview Capital Corporation is a bank holding company based in Newman, Illinois with three banking subsidiaries: Bank of Gibson City, Longview Bank, and Longview Community Bank. Between the three subsidiaries there are 15 branches located in: Gibson City, Mt. Pulaski, Chestnut, Georgetown, Chrisman, Marshall, Paris, Royal, Ogden, Saint Joseph, Newman, Sidney, Tilton, Tuscola, and Villa Grove, Illinois. As of December 31, 2023, Longview Capital Corporation had total assets of $820 million. For more information on Longview Capital Corporation, please visit www.longviewcap.com.

[Cam Pepper
Marketing Director]