FreedomBank Empowers Success in Education by Donating $22,000 to Local Scholarship Funds

ELKADER, IOWA, April 17, 2023 - FreedomBank announces $22,000 in contributions to area scholarship foundations.

FreedomBank Scholarships will be awarded to a graduating high school senior at each of the following school districts: Central, MFL MarMac, Postville, Allamakee, Eastern Allamakee, and Decorah. The scholarships are made possible through FreedomBank’s annual $5,000 donation to the districts' corresponding scholarship foundations.

Additionally, FreedomBank contributed $17,000 to scholarship endowments held by the Community Foundation of Greater Dubuque.

• $3,000 - Central Community Scholarship Foundation
• $3,000 - MFL MarMac Dollars for Scholars Endowment
• $3,000 – Postville Dollars for Scholars Endowment
• $3,000 – Allamakee Scholarship Fund
• $5,000 - FreedomBank Endowment for NICC

“We were excited to sponsor six scholarships for local students along with generously funding NICC and four area schools’ endowments,” said Kathy Mueller, president and CEO of FreedomBank. “These scholarships empower success for young adults and provide the financial assistance many students need to pursue a post-high school education. We are proud of this FreedomBank tradition. Furthermore, we believe this perpetual investment will positively impact the future of our rural workforce.”

College-bound high school seniors who have demonstrated academic success and are interested in pursuing higher education are eligible for the FreedomBank Scholarship. Consideration will be given to students with top math scores who plan to major in business, finance, or agriculture.

FreedomBank encourages high school students to contact their guidance counselor to learn how to apply for a FreedomBank Scholarship.

Central Community Scholarship Foundation - Pictured are Caty Phillips, Kathy Mueller, Sue Stott, Jessica Pensel, Clarissa Deshaw, Rachel Franks, Krista Fischer, Paula Ehrhardt, Amanda Donlon, Courney Vorwald, Chelsie Sperfslage

MFL MarMac Dollars for Scholars – Pictured are Ann How, Emily Radloff, Melissa Walz, Suann Eaton, Mary Schlein, Annette Grau

Postville Dollars for Scholars – Pictured are Greg Lage, David Koopman, Sara Turner White, Hallie Linderbaum

Allamakee Scholarship Fund – Pictured are Michelle Donahue, Amy Wesson, Julia Rotach, Cindy Heffern, Karissa Gerleman, Kate-Leigh Wilson

Eastern Allamakee Scholarship Fund – Pictured are Kelli Mudderman, Betsy Whitlatch, Kris Darling, Jeannine Hisel, Sheila Simmons, Lisa Steckel

Community Foundation of Greater Dubuque – Pictured are (front) Caty Phillips, Molly Moser, Paula Ehrhardt, Michael Higgins, (back) Kathy Mueller, Krista Fischer, Dana Burns, Clarissa Deshaw, Liz Nazarchyk, Sara Hertrampf