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Milwaukee's RNC host committee makes deposit in city's only minority-owned bank

Milwaukee Host Committee tasked with raising $68 million ahead of convention

Milwaukee's RNC host committee makes deposit in city's only minority-owned bank

Milwaukee Host Committee tasked with raising $68 million ahead of convention

OF THE BREAK IN AND ATTEMPTED ASSAULT ON HIS PHONE. TODAY, A NEW INVESTMENT IN MILWAUKEE’S ONLY BLACK OWNED BANK. THE MILWAUKEE HOST COMMITTEE FOR THE 2024 REPUBLICAN NATIONAL CONVENTION ANNOUNCED A. $100,000 DEPOSIT AT COLUMBIA SAVINGS AND LOAN AT FOND DU LAC AND NORTH. THE MONEY IS MEANT TO HELP EXPAND THE BANK’S SHORT TERM ABILITY TO LEND. IT’S PURSUING A GOAL TO HELP 100 MILWAUKEE FAMILIES BECOME HOMEOWNERS WITHIN THE NEXT YEAR. TO CELEBRATE THE BANK’S 100TH ANNIVERSARY. WE ARE THE ONLY BANK HEADQUARTERED IN THE POOREST ZIP CODE IN THE STATE OF WISCONSIN, AND WE’RE STILL LIVING OUT THE MISSION THAT THE HALYARDS HAD OF MAKING SURE THAT WE COULD INCREASE HOME OWNERSHIP. THE DEPOSIT IS ONLY A FRACTION OF THE MONEY THE HOST COMMITTEE MUST RAISE BEFORE THE CONVENTION. IN MILWAUKEE IN JULY. 12 NEWS POLITICAL DIRECTOR MATT SMITH JOINS US TONIGHT. MATT, WE’RE TALKING TENS OF MILLIONS OF DOLLARS. PATRICK, THE LATEST ESTIMATES TONIGHT, ABOUT $68 MILLION NEEDED. THE HOUSE COMMITTEE SEPARATE FROM THE REPUBLICAN NATIONAL COMMITTEE IN THE MIDST TONIGHT OF THAT FUNDRAISING RACE. ALL. WE’RE SWITCHING AS SYMBOLIC AS TODAY’S DEPOSIT AT COLUMBIA SAVINGS AND LOAN ASSOCIATION. A NECESSITY FOR MILWAUKEE’S HOST COMMITTEE TASKED WITH RAISING SOME $68 MILLION TO HOST THE REPUBLICAN NATIONAL CONVENTION NEXT SUMMER IN MILWAUKEE. CURIOUS WHERE THE FUNDRAISING EFFORTS STAND. WE’RE ON TRACK AND I LOOK FORWARD TO SHARING SHARING MORE AS WE MOVE FORWARD. ANY BALLPARK OR NUMBER YOU WANT TO TALK? NOT TODAY, BUT BUT JUST KNOW THAT WE’RE IN GOOD SHAPE. THE FUNDRAISING NEEDED FOR EVERYTHING FROM CONTRACTING AND RENTING VENUES TO TRANSPORTATION FOR THE DELEGATES, THE LOCAL FUNDRAISING EFFORTS BEING LED BY THOSE LIKE REINCE PRIEBUS AND MILWAUKEE BUSINESSMAN AND PHILANTHROPIST TED KELLNER, WHO ALSO HELPED LEAD FUNDRAISING EFFORTS FOR THE 2020 DEMOCRATIC NATIONAL CONVENTION THAT HAD ALSO BEEN SCHEDULED TO TAKE PLACE IN MILWAUKEE. I HAD NO NOS WHEN I WAS TREASURER OF THE DEMOCRATIC HOST COMMITTEE, AND I’VE HAD NO NO’S FROM CORPORATIONS, REPUBLICANS, DEMOCRATS. THIS IS ABOUT MILWAUKEE. THE HOST COMMITTEE PUSHING TO HAVE ALL THE $68 MILLION RAISED BY THIS SPRING. WHAT’S THE BIGGEST CHALLENGE OVER THE NEXT COUPLE OF WEEKS AND MONTHS HEADED TO NEXT SUMMER? THE BIGGEST CHALLENGE, I THINK RAISING MONEY IS NEVER EASY. THINGS ARE GOING GREAT. WE’RE LUCKY THAT WE HAVE A GREAT CITY TO TO SELL AND GET BEHIND US IN THE IN TERMS OF INDIVIDUALS AND THE BUSINESS COMMUNITY ACROSS WISCONSIN AND THAT OTHER CONVENTION RELATED EVENTS ARE HAPPENING THIS WEEK HERE IN MILWAUKEE. SEVERAL HUNDRED MEDIA FROM ACROSS THE COUNTRY AND THE WORLD WILL BE IN MILWAUKEE LATER THIS WEEK FOR A FALL MEDIA WALK THROUGH. LIKELY THE FIRST TIME SOME WILL SEE MILWAUKEE AND THE SITES LIKE FISERV FORUM AND THE BAIRD CENTER AHEAD OF NEXT SUMMER’S CONVENTION. THE CONV
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Milwaukee's RNC host committee makes deposit in city's only minority-owned bank

Milwaukee Host Committee tasked with raising $68 million ahead of convention

Milwaukee's host committee for the 2024 Republican National Convention announced a $100,000 deposit Tuesday at the city's only minority-owned bank. The deposit at Columbia Savings and Loan Association is meant to help expand the bank's lending capabilities in the short-term as the bank pushes toward a goal of helping 100 new families purchase homes ahead of the bank's 100th anniversary next year."We are the only bank headquartered in the poorest zip code in the state of Wisconsin, and we're still living out the mission of the Halyard's had in making sure we can increase home ownership," Will Martin said, vice president of Columbia Savings and Loan Association. Members of the Milwaukee Host Committee joined bank officials and Milwaukee Mayor Cavalier Johnson during the announcement."From the outset, my goal has been to have the Republican National Convention bring a positive impact to the city of Milwaukee," Johnson said. "That's been my goal." The announcement comes as the host committee continues in its goal to raise roughly $68 million ahead of next summer's convention. "We're on track and looking forward to sharing more as we move forward," said Alison Prange, COO of the Milwaukee Host Committee. The fundraising is needed for everything from contracting and renting venues to transportation for delegates. The host committee efforts are being led by those like Reince Priebus and Milwaukee businessman and philanthropist Ted Kellner, who also helped lead fundraising efforts for the 2020 Democratic National Convention. "I had no 'nos' when I was treasurer of the Democratic host committee, and I've had no 'no's' from corporations, Republicans, Democrats," Kellner said, CEO of the 2024 host committee. "This is about Milwaukee." Host committee officials wouldn't reveal the exact amount raised Tuesday."Raising money is never easy," Prange said. "Things are going great. We're lucky we have a great city to sell and get behind us in terms of individuals in the business community across Wisconsin."

Milwaukee's host committee for the 2024 Republican National Convention announced a $100,000 deposit Tuesday at the city's only minority-owned bank.

The deposit at Columbia Savings and Loan Association is meant to help expand the bank's lending capabilities in the short-term as the bank pushes toward a goal of helping 100 new families purchase homes ahead of the bank's 100th anniversary next year.

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"We are the only bank headquartered in the poorest zip code in the state of Wisconsin, and we're still living out the mission of the Halyard's had in making sure we can increase home ownership," Will Martin said, vice president of Columbia Savings and Loan Association.

Members of the Milwaukee Host Committee joined bank officials and Milwaukee Mayor Cavalier Johnson during the announcement.

"From the outset, my goal has been to have the Republican National Convention bring a positive impact to the city of Milwaukee," Johnson said. "That's been my goal."

The announcement comes as the host committee continues in its goal to raise roughly $68 million ahead of next summer's convention.

"We're on track and looking forward to sharing more as we move forward," said Alison Prange, COO of the Milwaukee Host Committee.

The fundraising is needed for everything from contracting and renting venues to transportation for delegates.

The host committee efforts are being led by those like Reince Priebus and Milwaukee businessman and philanthropist Ted Kellner, who also helped lead fundraising efforts for the 2020 Democratic National Convention.

"I had no 'nos' when I was treasurer of the Democratic host committee, and I've had no 'no's' from corporations, Republicans, Democrats," Kellner said, CEO of the 2024 host committee. "This is about Milwaukee."

Host committee officials wouldn't reveal the exact amount raised Tuesday.

"Raising money is never easy," Prange said. "Things are going great. We're lucky we have a great city to sell and get behind us in terms of individuals in the business community across Wisconsin."