McFarland State Bank has a rich history of giving back to the community. That history continues with its recent gift of property to Stoughton Hospital. The building is located at 3162 County Highway B in the Town of Pleasant Springs and was a former branch office for the bank.
Stoughton Hospital President/CEO Dan DeGroot, praised the bank for its philanthropic spirit, “McFarland State Bank is an outstanding community partner and generous donor. The community is growing north and this property on Highway B and 51 will help Stoughton Hospital meet the growing health care needs of the entire community for generations to come.” The building and property are valued at over $1.4 million. “We’re grateful that McFarland State Bank shares in the values and growth of the communities we serve, and we look forward to continuing our collaborative efforts,” added DeGroot.
The hospital and bank started working together on this venture in mid-May when the Chairman and CEO of McFarland State Bank, E. David Locke, contacted the hospital. “It was an easy decision to gift the property to Stoughton Hospital,” said Locke. “We’re very happy to be giving back to the hospital and continuing our support for the communities we both serve.” McFarland State Bank recently donated their former downtown branch office building and parking lot to the City of Stoughton. That property is now being used as Stoughton City Hall.