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Wednesday, May 4, 2016

NSSB pledges $50,000 for Ivy Tech

Monday, February 18, 2008

Representatives from the Putnam County Community Foundation, Ivy Tech Wabash Valley Region and North Salem State Bank pose for a recent picture with a $50,000 check, given by NSSB and matched by the Foundation, for Ivy Tech's new Greencastle campus.
The Ivy Tech Community College Greencastle Campus Endowment that is administered by the Putnam County Community Foundation received a pledge recently from North Salem State Bank (NSSB), to be put toward the Ivy Tech campus.

North Salem State Bank's gift, along with the Community Foundation's match, totals $50,000 toward Ivy Tech's $1.9 million "Changing Lives Building Futures" capital campaign.

"North Salem State Bank believes in the betterment of the communities we serve and is willing to aggressively show our commitment to such efforts. We know this is huge commitment by Ivy Tech. The matching opportunity provided by the Putnam County Community Foundation will provide tremendous opportunities for the residents of Greencastle, Putnam County and west central Indiana and NSSB wants to show its support of such an effort," states Rod Lasley, president and CEO of NSSB and chairman of Ivy Tech's capital campaign.

In 2007, the Putnam County Community Foundation committed $375,000 to the Ivy Tech Greencastle campus project in the form of an unrestricted endowment. A portion of the endowment provides matching funds to generous donors, like NSSB, who provide gifts toward this initiative.

Ivy Tech's new 30,000 square foot facility will be located on approximately 30 acres of land in Rokicki Park at the intersection of Veterans Memorial Highway and Zinc Mill Road, across from the middle school.

Ivy Tech officials believe this facility is a crucial step in providing Putnam County and the surrounding area the education and training that is required to produce a well-educated and well-trained workforce as the demand for highly skilled workers continues to increase. The center will offer programs and services that are relevant to the existing workforce as well as offer courses and programs that transfer to four-year colleges and universities.

Brian Pershing, NSSB board member and local business owner, said he believes, "this facility will provide educational opportunities to many individuals that might not otherwise have access to post-secondary education. North Salem State Bank, in conjunction with the Ivy Tech and the Community Foundation, is excited to be a part of such a community asset."

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