FIRST BANK AWARDS $130,000 IN GRANTS TO LOCAL ORGANIZATIONS
SOUTHERN PINES, N.C., May 7, 2024 /PRNewswire/ -- First Bank launched its unique Power of Good Grants by awarding 20 grants, totaling over $130,000, to organizations throughout the Carolinas. The first set of awards, with more to come, are a component of the Power of Good initiative, First Bank's corporate citizenship program that steers the organization's philanthropic efforts and volunteerism. The Power of Good focuses on the key areas of affordable housing, food scarcity/insecurity, education and health & wellness. In addition to the grants, the Power of Good encompasses paid volunteer time off and company-matched donations for each associate, the First Bank Book Club, the annual "Out of This World Educator" Awards, Good Deeds Week, Teach Children to Save financial education, multiple housing programs through Habitat for Humanities, and more.
- "First Bank firmly believes that the success of our company is directly tied to the wellness of our community.
- We think giving to these hyperlocal organizations and groups that are instrumental in shaping and supporting that wellness is a good investment.
- Between 2022 and the first part of 2024 First Bank has donated nearly $1.5million to various organizations and individuals making a difference in communities around the Carolinas.
- Each is reviewed by a panel of First Bank associates as well as community stakeholders.