MidWestOne Bank Foundation Announces Major Round of Grant Funding to Local Communities

IOWA CITY, Iowa (February 3, 2026) –The MidWestOne Bank Foundation announced its most ambitious round of grant funding to date. This grant cycle comes as MidWestOne Financial Group, Inc. (Nasdaq: MOFG), parent company of MidWestOne Bank, the founding organization behind the foundation, prepares to merge with Nicolet Bankshares, Inc. (NYSE: NIC).

This significant funding opportunity celebrates the foundation’s legacy while offering a glimpse into the future of the Nicolet National Foundation, reflecting our shared commitment to being stronger together.

“This foundation was created to make a difference – and this round of funding is our opportunity to do that at an unprecedented level,” said Charlie Funk, MidWestOne Bank Foundation Board Chair. “As our company begins its next chapter, we are committed to ending this one with gratitude, generosity, and a deep belief in the organizations doing critical work every day in the communities we serve.”

A Legacy of Impact

Since its founding in 2001, MidWestOne Bank Foundation has awarded over $3 million in grants to nonprofit organizations, supporting initiatives across community development, community services, arts, culture, youth, and education. The foundation has been driven by a simple belief: strong communities are built through sustained, intentional investment. This funding round reflects that belief on its largest scale yet.

About the Grant Opportunity

This Legacy Grant Round will award up to $279,050 in funding to 25 eligible nonprofit organizations aligned with the foundation’s mission. Grants will prioritize programs that demonstrate long-term community impact, innovation, and the ability to create momentum beyond the life of the foundation.

An Ending That Builds the Future

While the MidWestOne Bank Foundation will formally sunset following this grant cycle, it will continue serving our communities through Nicolet National Bank and the Nicolet National Foundation, both which have a strong history of community support.

“We believe deeply in the strength and potential of our nonprofit partners,” added Chip Reeves, Chief Executive Officer. “These grants are designed to give organizations the resources and confidence to scale their ideas and deepen their impact.”

About MidWestOne Financial Group, Inc.

MidWestOne Financial Group, Inc. is a financial holding company headquartered in Iowa City, Iowa. MidWestOne is the parent company of MidWestOne Bank, which operates banking offices in Iowa, Minnesota, Wisconsin, and Colorado. MidWestOne provides electronic delivery of financial services through its website, MidWestOne.bank. MidWestOne Financial Group, Inc. trades on the Nasdaq Global Select Market under the symbol “MOFG”.

Media Contact: Amie Mosher, VP Brand and Corporate Communications Officer,
MidWestOne Bank
Email: amosher@midwestone.com
Website: www.midwestone.bank