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Bank gives $50,000 boost to daycare

Posted 12/22/15 (Tue)

Bank gives $50,000 boost to daycare

By Cecile Krimm
The Bank of Tioga last week announced the donation of $50,000 to the Crosby Kids Daycare building project.
The award of such a large sum came as a welcome surprise to Traci Lund, a member of the fundraising committee.
The group filled out an application last October. Without an indication of any limit for the amount of an award, Lund said, “We thought ‘go big or go home,’ which seems our theme with the overall project.”
When Bank of Tioga Market President David Grubb called her recently, Lund figured he needed more information on the project before considering an award.
When Grubb told her the bank intended to answer the request for $50,000 with a check for the full amount, “My knees went weak and I cried a little,” said Lund.
Grubb spoke to the importance of the project in a press release issued Thursday.
“There is an immense need for an expanded facility at Crosby Kids Daycare to meet the needs of the families and children,” he said. “We are honored to give back in this way.”
The new 7,200-square-foot building will have the ability to serve up to 97 children. It will be located on the footprint of the former Crosby Lanes, which will be demolished once an asbestos assessment is complete.
When Grubb called with the news, “I don’t know how many times I told him thank you, but hopefully enough so he knows just how truly amazing we think this donation is,” Lund said.
The money will be added to the general construction fund. The group wants to break ground in the spring.
The gift will be recognized with a concrete stamped block incorporated into the facility. The fundraising group has also proposed naming certain rooms or features after major donors. As well, they are considering some sort of giving tree to acknowledge gifts.
The Bank of Tioga, which operates a branch in Crosby -- formerly Farmers State Bank -- is owned by an Iowa banking group that has pledged to reinvest 10 percent of their pre-tax net income back into the communities they serve.
A few weeks ago, an even larger award -- $100,000 -- was announced as a gift to Tioga Medical Center, which is just completing a major addition and renovation.