As of June 30, FirstBank has donated more than $2.1 million to nonprofit organizations across Colorado, Arizona and California, bringing its charitable donation total to $55 million since 2000.
FirstBank is the third largest privately held bank in the nation with 18 branches in Arizona, according to a press release.
FirstBank’s charitable contributions are grounded in several categories, including affordable housing, education and economic development. Its expansive giving approach benefits more than 450 nonprofits annually.
“Our commitment to charitable giving is a key part of our business philosophy,” said John Ikard, CEO of FirstBank, in the release. “We believe nonprofits play an essential role in advancing the communities we live and work in, and we’re dedicated to supporting them.”
In its short nine-year history in Arizona, FirstBank has already originated more than $1.2 billion in loans within the state and has repeatedly shown its commitment to community involvement as a presenting sponsor of Arizona Gives Day, which raised nearly $3 million for more than 750 Arizona nonprofits in one day.
“Being an active part of the community is extremely important to FirstBank, which explains why we have ‘match’ programs that encourage our employees to personally help our communities as they see fit,” said Bryce Lloyd, president of Phoenix Metro at FirstBank, in the release. “We also make special contributions to local causes and non-profits throughout the year, and it’s no accident that many of those donations are to the same organizations where our employees serve as volunteers and as board members.”
Most recently, FirstBank donated $100,000 to Catholic Education Arizona, an organization that makes private education more affordable and accessible to low income students.
In 2015, FirstBank announced a $1 million community development investment with Trellis (formerly Neighborhood Housing Services of Phoenix), an organization dedicated to making financially stable homes, neighborhoods and communities possible in Maricopa County, the release stated.
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