Muscatine Community College (MCC) has announced that First National Bank of Muscatine has committed $50,000 toward the college’s Loper Hall renovation.
The college will be undertaking a nearly complete makeover of the building that houses the college library and student success center along with classrooms and some faculty offices. Work on the $1.5 million renovation project will begin in 2017.
“At First National Bank of Muscatine, we believe in giving back to our community,” said Scott Ingstad, President and Chief Executive Officer. “Supporting this project at Muscatine Community College not only benefits the college but also provides us the opportunity to give back to the many students who will be taking advantage of it for years to come. We proudly make this contribution in honor of Vic McAvoy for his longtime service to both the college and the First National Bank Board of Directors from 1992 to 2016.”
When completed, the building’s lower level will include new student-oriented and flexible learning spaces, collaborative work areas, and quiet study rooms. In addition, electrical, technology and other key infrastructure pieces of the building will be updated and prepared for the century ahead.
“We couldn’t be more excited to have First National Bank of Muscatine as a partner in the Loper Hall renovation,” said MCC President Naomi DeWinter. “Loper Hall was built in 1977 and the college has been working on updating it for some time now. With the help of First National Bank and others in the community, what was once a dream will soon become a reality.”
The lead gift for this important project was received from the Roy J. Carver Charitable Trust, which awarded $750,000 to the college.
“The significant lead gift helped us immensely with our fundraising goals,” said DeWinter.
Founded in 1870, First National Bank of Muscatine has a rich tradition of reinvestment in the local community. It has provided funding for countless businesses, from sole proprietorships to corporations with global reach, as well as job creation, economic security, and the opportunity of home ownership.
The bank’s belief in giving back includes financial contributions to more than 150 area activities and organizations each year. The employees at First National Bank of Muscatine are encouraged to give back to the community by volunteering at non-profit organizations around town.
Muscatine Community College is one of the Eastern Iowa Community Colleges that also includes Clinton and Scott Community Colleges. The donation is part of MCC’s ongoing fundraising campaign for the renovation project.