Supporting our community
Business First Bank is committed to positively impacting our community through events, education, encouraging staff volunteer activities and donations. The continued involvement in the communities we serve will help enhance their economic vitality and social welfare.
To be considered for a charitable contribution from Business First Bank, donations must be used to serve the communities within our market place. It is preferred that donation recipients hold a current IRS non-profit organization 501(c)3 designation1 and the donation must be directed towards one of these four categories:
- Education
- Youth
- Community Development
- Community Reinvestment Act:The Community Reinvestment Act (CRA) was enacted in 1977 under the Jimmy Carter administration to encourage depository institutions to help meet the credit needs, including mortgages and commercial business loans, of the communities in which they operate. This also includes low- and moderate-income neighborhoods, consistent with safe and sound operations of the institution.
Business First Bank's goal is to always support the needs of the communities we serve. CRA is an established part of the bank's planning process in supporting credit needs that help the social and economic well-being of individuals, businesses and organizations on the Central Coast.
Charitable contribution requests must be submitted at least 120 days prior to the event or date needed. All requests will be responded to within 45 days of the request.