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Local bank nominated for annual C2C Award
Community First Bank of Indiana has been honored with the Indiana Bankers Association C2C (Commitment to Community) Award for outstanding community service performed during 2020. Community First Bank won in the category of banks with assets below $500 million.
In 2020 alone, Community First Bank supported over 75 local organizations with hands-on service projects and monetary donations. The bank contributed over $15,000 in employee-donated funds and over $160,000 in bank-donated funds to its communities. With the economic uncertainty created by COVID-19, the bank helped by putting all fees earned on nonprofits’ Paycheck Protection Program (PPP) loans back into the hands of those organizations, to be used for the betterment of their communities. In total, the bank donated over $96,000 in this unique way.
The awards were presented during the IBA Mega Conference in Indianapolis. The Association created the C2C Awards in 2018 to celebrate exceptional bank outreach and to raise public awareness of the diverse ways that banks support the communities they serve.
Twenty-two banks submitted nominations for the 2020 C2C awards, providing a sampling of statewide community service performed by the 120+ member banks of the IBA. Nominations stories are posted on IBA social media under hashtag #C2CAwards.
The following banks submitted nominations in the Asset Size: Under $500 Million category for the 2020 IBA Commitment to Community Awards:
- Alliance Bank, Francesville – finalist
- Bath State Bank
- Community First Bank of Indiana – winner
- Farmers and Mechanics Federal Savings Bank, Bloomfield
- First Federal Savings Bank, Huntington
- Home Bank, Martinsville – finalist
- Hoosier Heartland State Bank, Crawfordsville
- Indiana Trust Wealth Management, Mishawaka
- Mutual Savings Bank, Franklin
- The New Washington State Bank, Charlestown
- Tri-County Bank, Roachdale
IBA President and CEO Amber Van Til said: “The Indiana Bankers Association appreciates all the nominations for the 2020 C2C Awards. Each nomination tells the winning story of banks’ commitment to the communities they serve.”