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We are committed to making a positive difference in every community in which we do business. This impact is made both through the company’s philanthropic activities and through our support of local businesses, community groups, civic groups and consumers with loans, investments/donations and other banking and community development services.
Through financial and volunteer efforts, First Bank has made significant investments/contributions to charities, affordable housing groups and non-profit organizations within the regions in which we have a presence.
Investments and Contributions
During 2010, First Bank and its employees made qualifying CRA investments/contributions, performed over 4,869 hours of volunteer work - taught financial literacy classes and served as board and committee members to numerous organizations. In total, First Bank contributed in excess of $55 million. Some of the organizations we support include:
· Asian Women's Resource Center |
· Human Investment Project (HIP) |
· Boys & Girls Clubs |
· Junior Achievement |
· Big Brothers and Big Sisters |
· Lone Star New Markets, LP |
· Clearinghouse CDFI |
· Operation Hope - Banking On Our Future |
· Community Women Against Hardship |
· Pace Center |
· Elder Financial Protection Network |
· The Nursery Foundation of St. Louis |
· Checking Network USA |
· United Way |
· Habitat for Humanity |
· Volunteer Income Tax Assistance (VITA)
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Loans
First Bank understands how critical it is to respond quickly and positively to requests for community development loans. During 2010, First Bank originated community development loans in excess of $138 million.
Financial Support
It is an honor to be a community partner and we appreciate organizations’ unfailing dedication to making a difference in their community. Here at First Bank we take pride in lending a hand to local organizations, because at First Bank our community and our customers always comes first.
Financial Support Guidelines
- 501 (c) 3 Status with the IRS
- Use of funds to support programs that directly reach low-to-moderate beneficiaries or low-to-moderate geographies, not for administrative purposes
- Clear Objectives
- Good Standing with and Federal Department or Agency
- Active Board of Directors
- Sound administrative and financial practices
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