Bank of the West 2010 Annual Report Download - page 18

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COMMUNITY SUPPORT
We maintain a spirit of local commitment that grows
from our deep roots in community banking. We
believe our charitable investments and community
development lending contribute directly to the
economic health of our communities. We also
encourage employee engagement through volunteer
work, including service on boards of directors and
committees of local nonprofits.
Our Bank established a performance target in 2002
to make $75 billion in loans, investments and
contributions in direct support of low- and
moderate-income people and communities
by 2015. By the end of 2010, we had loaned,
invested and donated $66.1 billion, or 88.2% of
this goal. Our Bank, along with our Charitable
Foundation and employees, donated $6.5 million
to more than 2,000 organizations during 2010.
INVESTING IN PHILANTHROPY
To celebrate successes in philanthropy, we
presented the first Bank of the West Philanthropy
Awards in 2010, honoring nine California
nonprofit organizations in three categories –
“Innovation in Philanthropy,” “Community
Impact,” and “Team Member Commitment.”
The “Team Member” award, which recognized Boys
and Girls Clubs of Greater Sacramento, focused on
charities whose leadership includes a bank employee.
Much of our corporate philanthropy today focuses on
education and job training. Our $25,000 donation to
Jewish Vocational Service, for instance, helps youth
with disabilities, displaced workers and underemployed
people from the Bay Area by supporting specialized
training programs, job placement, career counseling
and case management necessary to find and succeed
in meaningful jobs.
Participating in the Bay Area United Way’s
Week of Caring, teams of bank employees
helped the San Francisco Food Bank pack
vegetables, set up a rummage sale for the East
Bay Crisis Nursery, and completed grounds
restoration in the Presidio, among a dozen
other projects assisting local service charities.
16
Healthy communities result from efforts
to bolster businesses, support community
organizations, and help individuals.
Investing
in our communities
makes us all better
Senior Relationship Manager Romie Basra was part of a
team that packed food for distribution to food pantries and
community organizations.