Independent Banker - August 2021 - 88
CONNECTIONS COMMUNITY SPIRIT
The race to save a landmark project
When a track-and-field facility in Louisville, Ky., was running out of time to raise funds, several community
banks and other institutions stepped into to get it over the finish line. They did so because of the
uncompromising vision of a local nonprofit leader and a belief in positive change. By Margaret Littman
hen Sadiqa Reynolds needed
$10 million immediately
to secure funds for a $53 million
multi-purpose campus with a stateof-the-art
track-and-field facility in a
low-income neighborhood, nine local
financial institutions stepped up to
help her cross the finish line.
Reynolds, who is president and
CEO of the Louisville Urban League,
raised funds nonstop for the Norton
Healthcare Sports & Learning
Center and the Humana Outdoor
Track & Field facility in the Russell
neighborhood of Louisville, Ky. The
project was already well underway,
and she was determined to finish
without cutting corners.
" If we waited until we had all the
money, I knew we would never start, "
W
she says. " Because I was building in a
poor, Black community, I knew some
money would not come until they
saw that other people believed [in
the project]. "
Reynolds worked for two years
to acquire a 24-acre site of a former
tobacco manufacturing plant from
the city, clean the land and fundraise
$43 million. The land had sat vacant
for more than a decade. But she was
determined to make it a success.
Passing the baton
In addition to her responsibilities at
the Urban League, Reynolds oversaw
construction and fundraising.
Exhausted and looking at a looming
deadline, she called her friend Steven
Trager, CEO of $5.8 billion-asset
88 Q ICBA Independent Banker Q August 2021
Above: Louisville Urban League president and
CEO Sadiqa Reynolds (center-right) and local
bank officials recently celebrated the opening
of the Norton Healthcare Sports & Learning
Center in Louisville, Ky. The group includes
Steven Trager of Republic Bank (second
from left), John Key of Commonwealth
Bank & Trust (center) and Joshua Barrick of
WesBanco Bank (far right).
Republic Bank in Louisville, for help.
Initially, Trager didn't share
Reynolds' vision for the track-andfield
facility, admitting now that he
thought of it as " a track with a roof. "
But he shared her vision for the
neighborhood. The bank had worked
on and sponsored the Republic Bank
Foundation YMCA nearby in West
End that opened in 2019.
In less than two months, Trager
Independent Banker - August 2021
Table of Contents for the Digital Edition of Independent Banker - August 2021
Table of Contents
Independent Banker - August 2021 - Intro
Independent Banker - August 2021 - Cover1
Independent Banker - August 2021 - Cover2
Independent Banker - August 2021 - Table of Contents
Independent Banker - August 2021 - 2
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Independent Banker - August 2021 - Cover3
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