Waldo State Bank Blog

WSB Awards $33,000 Grant!

WSB Awards $33,000 Grant!

Waldo State Bank in cooperation with the Federal Home Loan Bank of Chicago was pleased to present to Danielle Beining and Keri Grotelueschen, owners of Compassionate Heights Long Term Care Facility in Beechwood, WI, with the 2024 Community First Accelerate Grant for Small Business in the amount of $33,000.

In 2023 they purchased the Beechwood Rest Home and are in the process of completing the renovation to the 17 units long-term care facility. “We are honored to have been selected as this year’s grant recipient. With the use of the grant funds, it will assist us in making the necessary. By opening the facility, it will allow area residents to have a long-term care facility nearby to keep family members closer to home,” stated Danielle Beining.

“As a member of the Federal Home Loan Bank of Chicago, Waldo State Bank appreciative of the opportunity to offer the grant to one of our customers. This is a great program that allows us to assist a customer in achieving their dreams and providing a service to the community”, stated Tom Reil, CEO of Waldo State Bank.

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