Community giving, volunteerism and financial literacy highlight commitment
With a focus on community giving, volunteerism and education, FNCB continued their mission of being 'Simply a better bank(tm)' by meeting the needs of more than 300 nonprofit organizations and promoting financial literacy to 1,000 plus students in 2012, the bank announced today.
The numbers reflect FNCB's commitment to the Community Reinvestment Act (CRA) which encourages financial institutions to help meet the credit needs of the communities in which they operate. This commitment resulted in many achievements in 2012 including:
Community Giving: FNCB supported a wide-range of community organizations with an emphasis on those serving low-and moderate-income individuals. In 2012, the bank contributed more than $350,000 to 295 nonprofit and EITC scholarship organizations in Lackawanna, Luzerne, Wayne and Monroe counties including Head Start, St. Joseph's Center, Habitat for Humanity and CEO People Helping People. FNCB employees complemented this with an additional $15,000 in contributions to the United Way and area social service agencies.
Volunteerism: Through the Community Caring Network, a volunteer program that provides employees with paid time off - 24 hours for full-time and 12 hours for part-time - FNCB employees volunteered more than 500 hours at 26 organizations. Employees participated in a variety of activities including dedicating their time to local food banks, community development programs and youth focused initiatives.
Education and Financial Literacy: FNCB's participation in the Teach Children to Save and Get Smart About Credit programs is part of a commitment to promote financial education in the classroom. In 2012, FNCB volunteers offered financial lessons to more than 1,000 elementary and high school students in Northeastern Pennsylvania. Additionally, the Simply Smart Program, which rewards students with $1 for every A on their report card, encourages children to get better grades - while teaching them the value of saving money.
"Taking an active role in supporting the communities we serve is at the heart of our mission to be simply a better bank," said Steven Tokach, president and chief executive officer at FNCB. "Whether it's providing financial support to a nonprofit, employees giving their time and talent or teaching a child to save, we strive to make a positive difference in Northeastern Pennsylvania."
Founded in 1910, FNCB supports its mission: Simply a better bank(tm) with an endless commitment to the communities they serve. With 21 branches throughout Lackawanna, Luzerne, Monroe, and Wayne counties, FNCB is the largest community bank in Northeastern Pennsylvania leading the way in personal, small business and commercial banking solutions. For more information, visit www.fncb.com