TCFC Donates $35,000 to Community Organizations Impacted by COVID-19

Town and Country Financial Corporation (TCFC), the parent company of Town and Country Bank and Peoples Prosperity Bank, participated in the Federal Home Loan Bank of Chicago’s Targeted Impact Fund, a $14 million grant program. The Fund provides member banks with grants to help support relief efforts for populations hardest hit by COVID-19 as well as to promote equity and opportunity for communities of color.

Through an application process, the FHLBank Chicago awarded Town and Country Bank $20,000 based on the Bank’s commitment to match $15,000. A total of $35,000 will be donated to seven selected organizations throughout Central Illinois and the Metro East as beneficiaries of the Targeted Impact Fund.

“As a community bank, we’re invested in supporting our customers and communities, now more than ever,” said Grant Franklin, Director of Commercial Banking. “By leveraging our membership with the FHLBank Chicago, we were able to maximize financial support to area nonprofit organizations to help them fulfill their missions and ultimately help our communities,” commented Franklin.

These organizations will be receiving a $5,000 donation:

• Community Investment Corporation of Decatur - a not-for-profit, community-focused lender that provides financing to entrepreneurs and businesses to develop and grow in the Decatur area.
• Community Action Partnership of Central Illinois - a not-for-profit aimed at empowering either persons with low income or the aged by creating and implementing poverty-fighting initiatives for those in crisis and those who want a life of lasting independence.
• Horizons Soup Kitchen - a daily soup kitchen and a free choice food pantry in Quincy, IL. The organization was founded in 2009 to feed local residents who need food but also seeks to educate its 300 volunteers and the community about the cycle of poverty and the issues faced by people living in poverty. Last year, Horizons served over 38,000 individuals of all ages.
• Madison County Catholic Charities - a not-for-profit that provides emergency financial assistance to eligible individuals and families for rent and utilities to ultimately help prevent homelessness. Madison County Catholic Charities also supports populations impacted by COVID-19 through its Mobile Food Pantry Program. As a part of this program, a food truck delivers a two-week supply of food to pre-registered individuals and families in rural communities throughout the counties of Madison, Jersey, Calhoun, and Bond.
• Boys and Girls Club of Alton - one of over 4,000 Clubs nationwide affiliated with the Boys & Girls Club of America. The Boys & Girls Club of Alton is a proud member of the United Way of Greater St. Louis and the Illinois Alliance of Boys & Girls Clubs. They are a not-for-profit organization that focuses on serving communities of color through individual contributions, donations, corporate contributions, and fundraisers.
• East St. Louis Charter High School - prepares students to be career- and college- ready upon graduation. The Charter High School is a school of choice for families in the East St. Louis School District 189. The school and its staff positively impact the educational and economic lives of East St. Louis, IL.
• East St. Louis Center - inspires individuals and families and helps them lead successful and healthy lives. The Center provides care for young children and helps teens prepare for college. It further helps young adults build skills that lead to success in college and for obtaining better jobs. The East St. Louis Center offers high-quality, affordable healthcare to community members as well.

About Town and Country Financial Corporation

Town and Country Financial Corporation, headquartered in Springfield, Illinois, operates as the parent holding company for Town and Country Bank including the Bank's subsidiary, Town and Country Banc Mortgage Services, Inc. (TCBMSI), with locations throughout the central, west-central, and metro-east areas of Illinois. While the Company specializes in commercial banking and mortgage lending, additional products and services offered through its 12 branch offices include retail banking, affordable housing finance options, Small Business Administration 504 and 7(a) loan programs, trust and investments, and agricultural banking. The Company, under TCBMSI, operates Community Mortgage Partners as a third-party provider for residential mortgages to other financial institutions throughout the United States.

Since the Company began in 1962, it has opened multiple branch locations, acquired four community banks and three separate bank branch locations, and grown two Loan Production Offices into full-service branch locations. In 2017, Town and Country became an Entrepreneurial Operating System (EOS) Company to gain traction toward reaching new goals and producing impactful results for its customers. Town and Country Financial Corporation shares are quoted under the symbol TWCF.