Pioneer Bank provides $10,000 Gift to Mankato Area Foundation

Mankato, MN (December 10, 2020) — The Mankato Area Foundation (MAF) is pleased to announce Pioneer Bank has donated $10,000 to assist them as they continue to respond to the needs of the community through grants and aid to regional projects. One of these projects has been the Community Response Fund, a partnership with the Greater Mankato Area United Way, to address emerging needs in our region and provide instant funds to local nonprofits—providing food, shelter and educational assistance.

“We are humbled to make this gift to the Mankato Area Foundation,” said David Krause, CEO of Pioneer Bank. “The work the foundation supports makes a tremendous impact in the Greater Mankato Area. Pioneer Bank is proud to support the Mankato community in this way."

“This significant gift from Pioneer Bank will benefit the entire community through work of the Mankato Area Foundation which manages over 108 charitable funds, providing 530 grants in 2020,” said Maureen Gustafson, MAF Donor Relations and Programs Director.

In addition, numerous individuals and businesses have been providing generous gifts to MAF as a part of the Giving Looks Good on Us year-end campaign. For more information or to donate, visit or call 507.389.4583.


About Mankato Area Foundation                                                              
The Mankato Area Foundation is a donor-driven community foundation whose purpose is to improve the livability in Greater Mankato through philanthropy. Our community foundation connects donors with causes they care about, provides funding to address key community objectives and convenes individuals and organizations to find solutions for local challenges. To learn more about the Mankato Area Foundation and how the organization makes an impact on this region visit

About Pioneer Bank
Pioneer Bank is a community bank with nine locations throughout southern Minnesota including Mankato, North Mankato, St. James, St. Peter, Madelia, Mapleton, Lewisville, and Lake Crystal. Pioneer Bank offers expertise in personal, business and agribusiness banking with bankers and staff that provide experience that is unparalleled. Pioneer Bank is very active in the communities they serve and was a finalist in 2016, 2017, 2018 and 2019 for the Extraordinary Banking Award, a national organization that marks the excellence for the best banks in America. In addition, Pioneer Bank has been named one of the 2018 and 2020 Top 150 Workplaces in Minnesota by the Star Tribune. For more information visit Member FDIC.