The Independent Community Bankers of America (ICBA) announced AbbyBank as a recipient of its 2020 National Community Bank Service Award for extraordinary efforts to help small businesses, consumers and their communities amid the COVID-19 pandemic.
“We are grateful for the opportunity to support our friends and neighbors and humbled by this recognition from ICBA for doing what we’ve always done—supporting our community through good times and adversity,” said Natalyn Jannene Assistant Vice President of Marketing at AbbyBank.
As consumers and small businesses in urban, suburban, and rural communities grappled with the onset of COVID-19, AbbyBank stepped up as a financial first responder and steward of its community by:
- Working nights and weekends to provide Small Business Administration’s Paycheck Protection Program assistance, processing 392 loans for a total of $26.7M.
- Helping local health care providers collect Personal Protective Equipment (PPE). Collecting almost 25,000 first aid items.
- Donating PPE to support essential workers, businesses, local charities, and those in need.
- Delivering gifts and a sense of hope when members of the community needed it most.
- Giving more than $40,000 in donations to their communities in which they serve.
“ICBA is proud to honor the extraordinary dedication and commitment of community bankers, whose spirit of service shined through when our country needed it most,” said ICBA President and CEO Rebeca Romero Rainey. “We are so fortunate to represent such thoughtful and compassionate community leaders, and we commend their efforts to go above and beyond, even during times of challenge.”
The 2020 National Community Bank Service Awards, presented by ICBA and sponsored by FIS, generated more than 100 inspirational stories from community banks like AbbyBank a sampling of which is showcased in the September issue of ICBA’s award-winning magazine, Independent Banker.
ICBA founded the National Community Bank Service Awards program in 2002 to celebrate outstanding volunteer efforts and bring national recognition to the unmatched contributions community banks make to help sustain their communities.
AbbyBank is an independent, community owned bank with assets of $615 million, serving our customers and shareholders with offices in Abbotsford, Appleton, Gresham, Medford, Shawano, Wausau and Weston.
The Independent Community Bankers of America® creates and promotes an environment where community banks flourish. With more than 50,000 locations nationwide, community banks constitute 99 percent of all banks, employ nearly 750,000 Americans and are the only physical banking presence in one in three U.S. counties. Holding more than $5 trillion in assets, nearly $4 trillion in deposits, and more than $3.4 trillion in loans to consumers, small businesses and the agricultural community, community banks channel local deposits into the Main Streets and neighborhoods they serve, spurring job creation, fostering innovation and fueling their customers’ dreams in communities throughout America. For more information, visit ICBA’s website at www.icba.org.