Over $50k Goes to CEI Education Foundation Fund

Published online: Jan 10, 2022 Articles, Business, East Idaho Business
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IDAHO FALLS — Bank of Idaho, who hosted the annual year-end Idaho Falls Greater Chamber of Commerce Business After Hours, on December 16, 2021, presented a check for $51,719 to the College of Eastern Idaho — passing on proceeds earned from their Swing for the Green golf tournament held in June.

CEI’s Executive Director of CEI Foundation, David Facer, and Vice President of Academic and Student Affairs, Lori Barber, were both on hand to accept and acknowledge Bank of Idaho’s contribution. Barber described Bank of Idaho as, “being at the nexus of commerce and education, which are both impacted by the gift of education.”

“Thank you to the many generous participants who partnered with us to hit this new benchmark — giving both time and money to our important cause,” bank President and CEO Jeff Newgard said. “Tonight we reflect on how far the fund has grown since its inception 4 years ago, and celebrate our commitment to education and resulting growth in eastern Idaho.”

The impact of June’s tournament was felt throughout the region as many attendees traveled great distances to support CEI, with an estimated 35 hotel rooms being rented for 2 nights. In 2021 Bank of Idaho elevated Swing for the Green from a fundraiser to a premier social event; adding a plated dinner that entertained over 200 distinguished guests, and for golfers adding high stakes hole contests plus a customized swag kit for each player.

Bank of Idaho has been a financial fixture in the eastern Idaho community since 1985, when the original location opened in downtown Idaho Falls on the corner of Capital and B Street. Later expanding to include 10 full-service locations, and 4 mortgage offices across the state. Stock for the Bank of Idaho Holding Company opened to public trading on the OTC-QX market under the symbol BOID October 2019. With community growth always a first priority, Bank of Idaho focuses on small businesses and is a leader in SBA lending.


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