October 9, 2019

ABA Foundation: Eight Banks Honored With 7th Annual Community Commitment Awards

Banks of all sizes earn prestigious industry awards for programs addressing range of community issues

Eight banks earned American Bankers Association Foundation’s highest honor today by being named Community Commitment Award winners for 2019. The annual awards recognize banks for their corporate social responsibility efforts in categories ranging from affordable housing to economic inclusion. This year’s CCA winners also include a new award for banks going above and beyond to support military families. The 2019 winners will be presented with their award at ABA’s Annual Convention in Seattle on Oct. 29. 

“Banks of all sizes are stepping up their corporate social responsibility efforts to serve their communities, and this year’s nominations in every category were incredibly impressive,” said Rob Nichols, president and CEO of the American Bankers Association. “The programs developed by our Community Commitment Award winners stood out to our judges and really demonstrate how banks are helping communities solve challenging issues.” 

The selection committee, made up of independent, national experts in each category, reviewed bank nominations from across the country and chose winners based on 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.

“This year’s winners represent banking at its best,” said Corey Carlisle, executive director of the ABA Foundation. “The creative programs that earned Community Commitment Awards provide a roadmap for other institutions looking to expand their corporate social responsibility efforts.”

The 2019 award winners are:

Affordable Housing (Co-Winners)

Community and Economic Development

Economic Inclusion

Financial Education

Protecting Older Americans

Supporting Military Families

Volunteerism

All entries for this year’s Community Commitment Awards will be added to the ABA Foundation’s Banks in their Communities interactive map. The map 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 noted.

As a part of the Community Commitment Award program, the ABA Foundation also presents one individual 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. The winner of the George Bailey Distinguished Service Award will be named on Thurs. Oct. 10 at 10 a.m. ET.

This post was originally published here.