Release Date: April 28, 2020
FNBO Releases 2019 Impact Report
—Bank Exceeds Projected Goals for Community Reinvestments and Volunteer Hours—
OMAHA, Neb. April 28, 2020—First National Bank of Omaha (FNBO) today released its 2019 “First in the Community” Impact Report, which summarizes the bank’s philanthropic investments and highlights the positive impacts that the bank’s employees and community partners were able to achieve. The report outlines First National Bank of Omaha’s community vision—built around its interconnected assets of a successful community—and showcases its 2019 investments and outcomes throughout the bank’s seven-state footprint. In addition, the report provides highlights of employee giving and volunteerism impacts.
“We have always been committed to helping community partners overcome challenges, and now, more than ever, we find that it is important to also celebrate the great work they continuously do within our community. Despite the uncertainty caused by COVID-19, throughout 2020 and beyond we will continue to empower and foster strong and supportive communities in all the places we call home,” said Alec Gorynski, Vice President, Community Development and Corporate Philanthropy.
Gorynski said, to achieve this goal, FNBO aligns its investments with organizations that are working to improve what the bank has identified as the interconnected assets of a strong community: Entrepreneurship and Small Business Development, Affordable Housing and Neighborhood Stability, Education and Workforce Development, Community Cohesion and Access to Culture, Community Health and Wellbeing, and Environmental Sustainability.
In 2016, FNBO made a commitment to reinvest $85 million and 100,000 volunteer hours in the communities it serves by 2020. The bank is proud to announce that both goals were exceeded, with $132 million and 137,500 volunteer hours reinvested. In 2019 alone, FNBO reinvested more than $48.6 million back into its communities. These investments included:
- $37 million in community development investments to organizations that work to increase access to affordable housing and strengthen local economies.
- $7.3million in donations and community development grants to nonprofit organizations working to increase access to affordable housing in safe and vibrant neighborhoods, build an educated workforce and help businesses get started, grow and create jobs.
- $4.3 million in sponsorships with organizations that enrich the community by increasing access to cultures, humanities and athletics.
- 24,000 hours that bank employees spent volunteering their time and talents with local organizations to help strengthen the communities they serve.
To read the full report, which also includes details of FNBO’s support in the areas of housing, jobs, financial wellness and community events, visit: 2019 "First in the Community" Impact Report.
The articles in this blog are for informational purposes only and not intended to provide specific advice or recommendations. When making decisions about your financial situation, consult a financial professional for advice. Articles are not regularly updated, and information may become outdated.