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MidWestOne pledges $125,000 to support 5-year ICAD campaign
Dave DeWitte
Feb. 2, 2012 4:11 pm
Iowa City-based MidWestOne Bank announced a $125,000 commitment of support to Iowa City Area Development Group on Thursday, Feb. 2.
The commitment is a five-year escalating pledge to support ICAD Group's Vision 2030 campaign.
MidWestOne President and CEO Charlie Funk, one of four-campaign co-chairs, praised the work of ICAD President Joe Raso and the group's board to bringing and keeping jobs in the area. Chmura Economics and Analytics has calculated that each dollar invested in ICAD during its past capital campaign returned $69 in payroll benefits to the community.
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