Release Date: May 12, 2022
First National Bank of Omaha Releases 2021 'Community & Social Responsibility' Report
—Report Outlines Investments, Community Initiatives and Support of Historically Underserved Populations in 2021, Plus Plans for Future Impact—
OMAHA, Neb. May 12, 2022—First National Bank of Omaha (FNBO) today released its 2021 Community & Social Responsibility Report, which summarizes the investments and impacts FNBO made to support its communities this past year. The report also outlines the bank’s five-year Commitment to Community Impact plan, its evolving community and social responsibility strategy designed to make even greater impacts while continuing to advance FNBO’s spirit of belonging, inclusion, diversity and equity.
“As a strong community bank, we’re in a position to have a positive impact on the financial well-being of the organizations, businesses and individuals that make up the communities we serve,” said Spencer Danner, Vice President, Community Development, Corporate Philanthropy and Social Responsibility. “We know that historically underrepresented populations face considerable obstacles to achieving financial success, so we align ourselves with organizations dedicated to addressing their needs while continuing to further develop our philanthropic efforts.”
In the report, achievements are highlighted across the following priority focus areas: Affordable Housing & Neighborhood Stability; Entrepreneurship & Small Business Development; Education & Workforce Development; Environmental Sustainability; Community Health & Well-being; and Access to Arts & Culture & Community Cohesion.
Among the bank’s investments in 2021:
- Supported our communities with more than $7.2 million in impact grants, capital donations, and community sponsorships to nonprofit organizations working to make meaningful and lasting impacts. An estimated 22 percent of these funds benefited historically underrepresented populations.
- Financed nearly $47 million in new Community Development Investments (CDI) with organizations working to strengthen communities. Of these funds, 69 percent support historically underrepresented populations.
- Purchased $132 million in products and services from 714 small and/or women, minority, or veteran-owned businesses.
- Sustained and/or improved the environment by investing $1.9 million in eco-friendly operational improvements, resulting in a 9.3 percent reduction in Greenhouse Gas Emissions compared to 2020.
- Delivered a desired employee experience with 22,230 hours that FNBO employees spent volunteering in our communities and a 34 percent increase in membership in FNBO’s Belonging & Inclusion Group (BIG).
In addition, FNBO is committed to making substantial investments in the communities it serves by 2027, including:
- $35 Million in community sponsorships, capital donations, and impact grants;
- 125,000 FNBO employee volunteer hours;
- $200 Million in Community Development Investments;
- $1.3 Billion in Community Development Loans;
- $7 Billion in Mortgage Loans;
- $4.5 Billion in Small Business Loans.
To read the full report, visit 2021 FNBO Community & Social Responsibility Report.
First National Bank of Omaha is a subsidiary of First National of Nebraska. First National of Nebraska and its affiliates have more than $26 billion in assets and nearly 5,000 employee associates. Primary banking offices are located in Nebraska, Colorado, Illinois, Iowa, Kansas, South Dakota, Texas and Wyoming. Learn more at fnbo.com and connect with us on Facebook, Twitter and Instagram.
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