MINNETONKA, Minn., March 10, 2011 /PRNewswire/ -- MidCountry Bank was nationally recognized for its community outreach efforts in support of first-time homeowners during the American Bankers Association (ABA) National Conference for Community Bankers in San Diego, Calif., Feb. 22. MidCountry was awarded for its endeavors in the "Helping to Achieve Homeownership" category. Established in 2005, the ABA Community Bank Awards program recognizes the outstanding charitable achievements of its member banks.
Nine banks were selected from a field of more than 180 nominations (and more than 7,500 banks nationally), based on the innovation, creativity and effectiveness of the bank's approach to making a difference in its community.
Due to MidCountry's new homeowner assistance program, 80 families were able to buy their first home in 2010, while another 60 received down payment assistance, and nearly 20 received renovation funds. Despite the challenging market, these families now have a place to call their own and are helping rebuild communities devastated by foreclosures.
"MidCountry Bank is honored to receive this award, which represents our commitment to helping our customers and community members achieve their homeownership dreams," said Greg Krenz, MidCountry Bank mortgage division president. "Our company is guided by our core values of integrity, fairness, honesty, compassion and excellence, and we believe that making the quality of life better for others is something to recognize, celebrate and foster."
About MidCountry Bank
MidCountry Bank is a federally-chartered savings bank with locations in Minnesota, Southern Illinois and Nevada. As a community-oriented bank, MidCountry provides high quality, diversified financial services and solutions to customers to meet their personal, business and professional banking needs. To learn more, visit: www.MidCountryBank.com.