Money awarded through partnership with Federal Home Loan Bank of Des Moines & First PREMIER and PREMIER Bankcard
Interlakes Area United Way (IAUW) is proud to announce that First PREMIER Bank and PREMIER Bankcard and the Federal Home Loan Bank of Des Moines (FHLB Des Moines) have awarded them a $10,500 grant from the Member Impact Fund.
The grant money will help IAUW support programs and organizations focused on emergency services, housing stability, and opportunities for children in Lake, Miner and Moody counties. These have long been identified by IAUW as critical to building a stronger, more resilient community.
“We are deeply grateful to First PREMIER Bank and PREMIER Bankcard for their investment and for their partnership in securing these matching funds,” said Karen Giles, executive director of Interlakes Area United Way. “This kind of support directly strengthens our ability to respond to the needs right here at home.”
“Giving back is at the heart of PREMIER, and the Member Impact Fund partnership with FHLB Des Moines allows us to make an even greater impact on the communities we serve,” said Floyd Rummel, First PREMIER Bank VP, Market Leader in Madison. “Whether it’s an investment in a major project, sponsoring a local event, or volunteering our time, PREMIER is always looking for ways to make our communities even stronger.”
PREMIER provided a corporate donation along with applying for the FHLB Des Moines matching grant money. Recipients were selected based on funding needs for community programs like job training, affordable housing, financial literacy, food banks and youth activities.
IAUW is honored to steward these resources in support of that vision.
Pictured: Officials with First PREMIER Bank of Madison presents grant funding to Interlakes Area United Way. Pictured, left to right: Wendy Steffen, Phil Downs, Vickie Paul, Stormy Mette, Floyd Rummel, Scott Shewey, Lori Gustaf, Tanya Hobson, Karen Giles, Skyler Niemann, Amanda Weber, Betsy Schamber, Megan Rummel and Katie Hahn.
About First PREMIER Bank and PREMIER Bankcard: First PREMIER Bank and PREMIER Bankcard are considered one of the nation’s strongest financial organizations, investing in customers, communities, and employees in meaningful and transformative ways. Headquartered in Sioux Falls, First PREMIER Bank operates 13 locations across eastern South Dakota. PREMIER Bankcard is among the nation’s top 20 issuers of Mastercard® credit cards, serving three million customers nationwide. Together, PREMIER supports nearly 700 organizations, nonprofits, and events, with employees contributing an average of 33,000+ volunteer hours annually. Along with owner T. Denny Sanford and executive leadership, PREMIER has given more than $4 billion to advance higher education, healthcare, cybersecurity, workforce, and economic development in South Dakota and beyond.
About Federal Home Loan Bank of Des Moines
The Federal Home Loan Bank of Des Moines is deeply committed to strengthening communities, serving 13 states and three U.S. Pacific territories as a member-owned cooperative. We work together with over 1,200 member institutions to support affordable housing, economic development and community improvement. FHLB Des Moines is one of 11 regional banks that make up the Federal Home Loan Bank System. Members include community and commercial banks, credit unions, insurance companies, thrifts and community development financial institutions. FHLB Des Moines is wholly owned by its members and receives no taxpayer funding. In 2026, the Member Impact Fund through FHLB Des Moines awarded over $12.9 million to communities in Alaska, South Dakota, Guam and the Commonwealth of the Northern Mariana Islands.For additional information about FHLB Des Moines, please visit www.fhlbdm.com.