Staff devoted nearly 12,000 service hours to communities system wide over a two-year period
Showing a strong volunteer spirit, First Bank employees provided nearly 12,000 CRA-qualified hours of service to communities system wide (Missouri, Illinois, California and Florida) over a two-year period (September 2010 through September 2012).
“Our employees should be proud of the strong and caring support they gave to the communities where they live and work,” said Susan Montoya, First Bank Vice President and Corporate CRA Officer. “Their outstanding commitment continues to help people in so many ways.”
From September 2010 to September 2012, First Bank staff provided their financial expertise while serving in various capacities including boards, financial literacy education, income tax return preparations, and assisting with fundraisers, which helped raise thousands of dollars for the underserved. In addition, services were provided to numerous non-profit organizations such as the United Way, The Nursery Foundation, Elder Financial Protection Network, Junior Achievement, Teach Children to Save, Boys & Girls Town, Volunteer Income Tax Assistance and a host of other community organizations that specifically help low-to-moderate-income seniors, children and minorities.
To qualify for CRA (Community Reinvestment Act) activities, bank employees must support one of the following criteria for low-to-moderate-income individuals: Affordable housing, community services, economic development or revitalization.
First Bank firstbanks.com is one of the largest privately owned banks in the country with $6.61 billion in assets and 146 locations in Missouri, Florida, Illinois, and California.