Bank honors board member with $10,000 donation

One American Bank
Posted 5/8/22

BROOKINGS – One American Bank wanted to honor one of its board members, Dr. Ronold Tesch, for his service with a $10,000 donation to the charity of his choice: the Brookings County Salvation Army’s Share the Warmth program.

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Bank honors board member with $10,000 donation

Posted

BROOKINGS – One American Bank wanted to honor one of its board members, Dr. Ronold Tesch, for his service with a $10,000 donation to the charity of his choice. Tesch retired from the bank’s board of directors at the end of 2021.

That’s when the longtime Brookings resident and former eye surgeon started his research. He knew he wanted to support young children and he wanted to choose an organization that would use the funds wisely. 

He decided to support the Brookings County Salvation Army’s Share the Warmth program, specifically for pre-school aged children through fifth grade. This program is the Salvation Army’s annual event that collects and distributes proper winter outerwear. The timing of the donation aligned with their annual drive, which runs from May 1-15.

“My association with the bank has been both educational and challenging,” Tesch said. “On the personal side, it has been a great pleasure getting to know and work with the people at One American Bank. I am deeply grateful to the Lund family and to the bank for honoring me by making this donation on my behalf.”

This isn’t the first time Tesch had answered the call to serve as a board member for the financial institutions owned by the Lund family, having previously been on the board for BankFirst for 20 years. He most recently joined the One American Bank board in 2011 when the Lund family acquired the institution. His leadership and governance have helped shape the bank to be extremely well capitalized, serving customers nationwide.

“We really wanted to celebrate Dr. Tesch’s outstanding service on our board for the past decade,” said One American Bank President David King. “And what better way than to make a donation in his name to a cause that is near and dear to his heart – helping make a difference in the lives of our youth.”

This donation in Tesch’s honor will impact hundreds of Brookings area children with cold weather necessities, including coats, snow pants, boots, hats, gloves and scarves, giving them the ability to be outside safely in the South Dakota winters.