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Covid-19 Economic Stabilzation Support

FNBO - Omaha, Nebraska

2021 Community Commitment Awards Submission

  • Entry Category: Economic Inclusion
  • Asset Size: Medium

When the COVID-19 pandemic began in early 2020, it was clear the virus would impact the physical health of millions of people across the globe. While much of the world worked to flatten the curve via social distancing, there were devastating impacts to the financial health and wellbeing of individuals, businesses, and entire communities.

FNBO has always been committed to creating successful communities, in large part by increasing economic inclusion. That commitment remains even during the unprecedented times we continue to experience.

When the pandemic began, we supported our customers and employees in the same ways every other bank did. However, we took it a step further by ensuring all members of our communities were included in the economic stabilization efforts that were taking place. We've been proactively supporting the most vulnerable members of our communities with more than .4 million in Housing Stability Grants, Workforce Stability Grants, and Small Business Impact Investments made since the pandemic began. This work specifically seeks to keep low- and moderate-income individuals in their homes, help individuals find or improve their employment status, and help entrepreneurs who were not able to access Paycheck Protection Program (PPP) loans keep their businesses open and retain jobs.