VALLEY CITY, N.D. – Dacotah Bank has donated $500,000 to Valley City State University’s ongoing capital campaign.
University President Dr. Alan LaFave and Dacotah Bank in Valley City made the announcement on Tuesday, Aug. 17.
In the announcement, they said the donation from Dacotah Bank is one of several major gifts so far during the early stages of VCSU’s $25 million capital campaign: Forward Together.
“We are extremely grateful for this generous gift,” LaFave said in a prepared statement. “This contribution speaks to Dacotah Bank’s ongoing commitment to Valley City State University and the Valley City community. This gift, in addition to several others, clearly shows our campaign is gaining momentum and members of our community recognize this effort as an important part of the future of VCSU.”
The $500,000 one-time donation is the largest in Dacotah Bank’s relationship with the school, said Paige Bjornson, market president for Dacotah Bank in Valley City.
“We want our town to be a target for the best of the country’s youth to come and succeed,” she said. “To celebrate VCSU’s legacy of successes we are more than excited to help the facility complete the new Dacotah Bank Viking Hall of Fame.”
Based in Aberdeen, S.D., Dacotah Bank has assets that exceed $3 billion, making it one of the largest independent banks in the upper Midwest.
VCSU’s Forward Together campaign includes an expansion of the university’s athletic facilities, increased scholarship support and renovations of two key buildings on campus.
Athletic facilities on campus have remained largely unchanged since the W.E. Osmon Fieldhouse was built in 1960, according to the school. The number of athletes, teams and athletic staff have more than doubled. The expansion of the W.E. Osmon Fieldhouse will include an indoor turf practice facility, a new weight room and locker rooms, and the new Dacotah Bank Hall of Fame to honor former Viking athletes.
The campaign also includes additional scholarship support for students. Forward Together also includes necessary improvements to the Memorial Student Center, and renovations for McCarthy Hall. McCarthy Hall will become the home for VCSU’s renowned School of Education and Graduate Studies
“These improvements are long overdue and will meet actual needs of the university,” LaFave said. “This campaign is critical in our efforts to continue to provide the highest quality education for students. We are grateful to supporters who have stepped up to the plate like Dacotah Bank, and look forward to welcoming more donors as the campaign continues.”