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NEB Customer Grant Relief Program

Northeast Bank - Minneapolis, Minnesota

2021 Community Commitment Awards Submission

  • Entry Category: Volunteerism
  • Asset Size: Small

Northeast Bank’s volunteer program enables bank employees to become a part of the communities we serve by supplying volunteers to local nonprofits. In addition to hands on volunteering, the Bank also provides local non-profits with funding and corporate guidance. Regardless of a year like no other due to the pandemic, in 2020 alone, our staff of approximately 80 FTE donated just under 2,000 volunteer hours in our community as members of organizations, supporters of worthy community projects, and workers at events.

In 2020, we also introduced our Northeast Bank Customer Relief Grant Program to customers that were affected not only by the pandemic, but also due to the civil unrest in our city of Minneapolis following the murder of George Floyd. Local business owners in the Twin Cities area had an extremely difficult year with multiple stressors. Businesses were closing, set ablaze, looted, or simply losing large amounts of sales due to COVID-19. With the strength of a leader and a hand of a friend, we took a stand and implemented this grant program to help those businesses most adversely impacted. In partnership with the Walter C. Rasmussen-Northeast Bank Foundation, we granted ,000 to 58 local businesses.

Now more than ever during these unprecedented times, our volunteer program has been crucial to supporting our community and addressing the specific needs of our neighbors.