First National Publishes Community Impact Report
First National Bank has published its 2017 report on community giving and the positive impacts that the bank’s community partners were able to achieve. The “2017 First in the Community Impact Report” outlines First National’s community vision and eight interconnected assets of a successful community; showcases its 2017 reinvestments and outcomes throughout the bank’s seven-state footprint; and provides highlights of employee giving and volunteerism.
“First National Bank is committed to giving back to our communities so that they remain strong and successful,” said Alec Gorynski, Vice President, Community Development and Corporate Philanthropy. “It’s not only the right thing to do, but our business of taking deposits and making loans inherently places us in a unique position within a virtuous cycle of community success that positively impacts a community at every level.”
As described in the report, First National Bank aligns its investments with organizations who are working to improve these eight interconnected assets of a successful community: strong local economies, stable housing, vibrant neighborhoods, educated workforce, good health, community cohesion, access to culture and sustained environment.
In 2016, First National Bank made a commitment to reinvest $85 million and 100,000 volunteer hours back in the communities it serves by 2020. In 2017, First National reinvested more than $26 million and 40,000 volunteer hours, bringing the two-year totals to $56 million and 76,000 volunteer hours. The 2017 reinvestments include:
- $15.9 million reinvested in the form of new community development investments, bringing the outstanding community development investment total to $88 million;
- $6.2 million reinvested in the form of donations and community development grants;
- $3.9 million reinvested in the form of sponsorships.
To see First National Bank’s progress toward these goals and read the full “2017 First in the Community Impact Report,” visit: 2017 Impact Report.Read 2017 Impact Report