The ICBA Foundation Disaster Relief Program announced it has collected and disbursed $180,000 to assist community banks and their employees affected by hurricanes Helene and Milton, including a $25,000 matching contribution from ICBA.
Support: The ICBA Foundation’s Hurricane Relief Fund requested tax-deductible donations to assist community bankers in Florida, Georgia, North Carolina, South Carolina, and Virginia. Organizations in each state received financial support.
ICBA View: In a national news release, ICBA President and CEO Rebeca Romero Rainey said community banks play a vital role in supporting the areas they serve, especially during times of crisis. “We are proud to contribute to the efforts of friends and neighbors, helping Main Streets and neighborhoods restore what has been lost,” she said.
Background: ICBA’s program supports ICBA-affiliated state associations and community bank leaders that request fundraising when areas of their state have been affected by presidentially declared or state governor-declared disasters.
More: The ICBA Foundation accepts tax-deductible donations from individuals, organizations, and community banks, and it does not use any collected funds to pay the costs of administering this program.
