BankNorth & FHLB Partner to Fund Local Community Projects
Warner, S.D. (March 5, 2026) — BankNorth, in partnership with the Federal Home Loan Bank of Des Moines, is investing $210,000 in local community projects in Warner and the neighboring community of Stratford, South Dakota, through the Member Impact Fund. The grants will support key initiatives that strengthen local organizations, enhance community spaces, and enrich the lives of residents.
“The Member Impact Fund is designed to help our members champion the organizations that make a real difference in their communities,” said Kris Williams, president and CEO of FHLB Des Moines. “By partnering with our members, we’re able to multiply resources and support their vital work as they continue to strengthen opportunities for the people they serve.”
Through the Member Impact Fund, BankNorth’s $60,000 contribution is matched with $150,000 from FHLB Des Moines, creating a combined $210,000 in funding—an impact multiplier of $2.50 for every $1 BankNorth contributed.
“Supporting the communities we serve is at the heart of what we do,” said James Williams III, CEO. “These grants allow us to invest in local projects that strengthen our towns and improve the lives of residents.”
The Warner Volunteer Fire Department will receive a total of $70,000 to expand its firehouse with two new vehicle bays, a meeting room, and locker facilities. This expansion enhances the department’s ability to respond quickly to emergencies and continue serving as a vital first line of defense for the community.
At the Warner School District, $35,000 will fund upgraded lighting systems for music and theater programs, enhancing the experience for students and performers and supporting engagement in the arts. An additional $70,000 will support construction of a new concession stand and restroom facilities at the school’s athletic complex, providing students, fans, and visiting communities with a safer and more enjoyable experience during sporting events.
Additionally, the Town of Stratford will receive $35,000 to renovate Stratford Park, creating a safe and welcoming space for children and families to gather, play, and enjoy community events.
“BankNorth has a long-standing, strong relationship with these local organizations and is proud to support projects that strengthen our communities,” said Keith Knuppe, Senior Vice President, Warner, South Dakota Branch.
About BankNorth
Founded in 1905, BankNorth has a long history of supporting customers and communities through values-based banking. Guided by its core values and a commitment to teamwork and service, BankNorth continues to serve communities today with the same care and dedication it did more than a century ago. Now celebrating over 120 years, BankNorth is a trusted financial partner with locations across North Dakota and South Dakota. Learn more at banknorth.bank.
Founded in 1905, BankNorth has a long history of supporting customers and communities through values-based banking. Guided by its core values and a commitment to teamwork and service, BankNorth continues to serve communities today with the same care and dedication it did more than a century ago. Now celebrating over 120 years, BankNorth is a trusted financial partner with locations across North Dakota and South Dakota. Learn more at banknorth.bank.