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Press Release

ABA Donates $100,000 to Florida Disaster Fund

WASHINGTON —
In light of the deadly devastation caused by Hurricane Michael, the American Bankers Association will donate $100,000 to the Florida Disaster Fund. ABA will also match donations made by ABA employees. The fund is the State of Florida’s official private fund established to assist Florida’s communities as they respond to and recover during times of emergency or disaster. The donation was announced at ABA’s annual convention in New York. 
 
“We are heartbroken over the loss of life and destruction caused by this storm,” said ABA President and CEO Rob Nichols. “Hurricane Michael spared no one in its path and that includes bankers and their families. I am encouraged by their resilience and the industry’s response to the storm, and our contribution is one thing ABA can do to aid the rebuilding effort in Florida. “
 
Several banks were directly affected by the hurricane, including Summit Bank N.A. in Panama City which lost its headquarters. Assistance from other banks is helping the bank resume operations. ABA selected the Florida Disaster Fund based on a recommendation from the Florida Bankers Association.
 
“I’m proud to be part of an industry that steps up in our time of need,” said FBA President and CEO Alex Sanchez. “We applaud ABA’s contribution and the unwavering support of bankers everywhere, which will go a long way to help Floridians get back up and running.”    
 
To learn more about the Florida Disaster Fund and how to contribute,visit https://www.volunteerflorida.org/emergency-management/#fdf.
 

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About the American Bankers Association

The American Bankers Association is the voice of the nation’s $18 trillion banking industry, which is composed of small, regional and large banks. Together, America’s banks employ more than 2 million men and women, safeguard nearly $14 trillion in deposits and extend more than $10 trillion in loans.

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