Farmers Bank & Trust is proud to announce the donation of a residential property in Mount Ida, Arkansas, to Wayseekers Ministry. The property, which includes a home and a small lot, is expected to be transformed into a daycare center. The property sits directly north of FB&T’s Mount Ida branch, near the western edge of the city’s downtown area.
The Bank had possessed the residential property since acquiring the Mount Ida branch in January 2022. The home, located at 131 Elder Street, was formerly used as a board meeting location. FB&T had been using the property for storage.
After the formal donation process, the property deed was gifted to Wayseekers Ministry during a small ceremony on May 11, 2023. The new daycare center is expected to aid working parents and lower-income families in Mount Ida.
“There is only one daycare in all of Montgomery County,” said Amy Monk, Founder and President of Wayseekers Ministry. “This donation will help the community immensely once it’s completed.”
Scott White, FB&T Market President, added: “We had an opportunity to help better our community in Mount Ida and work with an inspiring nonprofit organization in Wayseekers Ministry. That far outweighs any benefit we could have gotten from the property if it had stayed with the Bank.”
Wayseekers Ministry operates nonprofit programs aimed primarily at helping women in crisis in Mount Ida. The group also runs a downtown coffee that helps raise funds and provides quality-of-life improvement for the community.
“Words can’t describe how generous this gift is from Farmers Bank,” added Monk. “We are humbled and blessed beyond measure to live in such an amazing community with such great partners. The way everything lined up, this was 100 percent a God thing.”