WATERTOWN, S.D.(KWAT)–The donor of a one million dollar gift to be put toward construction of a new ice arena in Watertown has been identified.

The gift comes from First PREMIER Bank and PREMIER Bankcard.

The donation was first announced at a city council meeting 2 weeks ago, but at the time, the donor wished to remain anonymous.

First PREMIER Bank CEO Dana Dykhouse said the gift is part of his organization’s commitment to supporting the people and communities it serves.

Dykhouse said, “things like parks and athletic facilities are important quality of life features. They make a community vibrant and help attract new people and businesses.”

First PREMIER Bank and PREMIER Bankcard are one of Watertown’s largest employers with nearly 400 employees.