The American Bankers Association Foundation named seven banks as 2022 Community Commitment Award winners. The annual awards recognize banks for extraordinary corporate social responsibility efforts in seven specific categories ranging from affordable housing to economic inclusion. The winners will be recognized at ABA’s Annual Convention in Austin, Texas on Oct. 4.
The selection committee, made up of independent, national experts in each category, reviewed bank nominations from across the country and chose winners based on specific criteria including the creativity and thoughtfulness of the bank program. Community Commitment Award winners must embody the ideals of corporate social responsibility and demonstrate success in measurable terms.
“As I reviewed this year’s winners and their programs, I felt an immense sense of pride for the creative and meaningful work America’s banks continue to undertake in communities across the country,” said Rob Nichols, ABA president and CEO. “We thank them for their incredible efforts and hope their stories inspire even more banks to consider similar programs in their communities.”
The 2022 award winners by category are:
Affordable Housing
Community and Economic Development
Economic Inclusion
Financial Education
Protecting Older Americans
Supporting Military Families
Volunteerism
“America’s banks continue to serve as real drivers of community change,” said Lindsay Torrico, executive director, ABA Foundation. “We’re proud to recognize these seven institutions and hope their good work will inspire others to engage in meaningful ways that create positive social impact.”
All nominations for this year’s Community Commitment Awards will be added to the ABA Foundation’s Banks in their Communities searchable database that showcases the corporate social responsibility efforts of banks across the country and allows users to search and view program profiles. Winning and honorable mention entries are also included.
As a part of the annual Community Commitment Award program, the ABA Foundation also honors an individual banker with the George Bailey Distinguished Service Award. The award is given to a non-CEO bank employee who demonstrates outstanding initiative, commitment to their customers and community, and the ability to inspire others. This year’s George Bailey Award winner is Lola Pol of Capital Bank in Rockville, Md. Pol will also be recognized at ABA’s Annual Convention on Oct. 4 in Austin.
About the American Bankers Association
The American Bankers Association is the voice of the nation’s $23.7 trillion banking industry, which is composed of small, regional and large banks that together employ approximately 2.1 million people, safeguard $18.8 trillion in deposits and extend $12.5 trillion in loans.
About the ABA Foundation
Through its leadership, partnerships, and national programs, ABA’s Community Engagement Foundation (dba ABA Foundation), a 501(c)3, helps bankers provide financial education to individuals at every age, elevate issues around affordable housing and community development, and achieve corporate social responsibility objectives to improve the well-being of their customers and their communities.
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