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FNBO Newsroom
Jul 29 2024
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FNBO Releases 2023 Impact Report
Omaha, NE, July 29, 2024 – FNBO released its 2023 Impact Report today, highlighting the investments and philanthropic efforts made to support its communities and uphold the bank’s 2027 Commitment to Community Impact Plan. FNBO's Impact Strategy centers on supporting its communities' financial well-being, economic development, delivering on its commitment to employees and building a sustainable future.
“Our longstanding support for the communities we serve is evident in our partnerships with local organizations and the outstanding volunteerism of our employees,” said Christina Kahler, Managing Director, Philanthropy. “We’re proud to showcase this dedication in our 2023 Impact Report.”
Among the report highlights from 2023:
- More than $7.5 million given through Impact Grants, Capital Donations, and Community Sponsorships to nonprofit organizations working to make a meaningful and lasting impact. Seventy-nine percent of Impact Grant funds benefited historically underrepresented populations.
- Over 38,000 FNBO employee service hours were spent giving back to the community through volunteer activities, financial education, service on nonprofit boards of directors, or time dedicated to community organizations and events.
- Over $193 million in goods and services purchased from small businesses and businesses owned by women, minorities, and veterans to support FNBO operations.
- Over $428 million in community development loans for multi-family affordable housing or commercial properties that will benefit low-to-moderate income individuals and revitalize and stabilize communities.
- $1.1 million in total FNBO giving to 25 United Way chapters across FNBO’s footprint.
As part of the report, FNBO celebrated its 15-year partnership with the Midwest Housing Equity Group (MHEG). Their work together has led to an investment of over $122 million in 17 funds resulting in over twelve thousand affordable housing units across urban, suburban, and rural communities.
Additionally, FNBO detailed its new Road to Home Mortgage program, designed to empower more individuals and families to pursue home ownership. Designed using a stair-step approach, the program brings customers through a journey beginning with financial literacy education and counseling and supports them all the way through the home buying process, which now includes down payment assistance.
This year’s Impact Report also announced the progress FNBO has made toward its 2035 Sustainability Goals. From 2022 to 2023, 1,264 tons of waste were diverted from FNBO locations and offices and 826,221 kWh of energy and 37,758 therms of natural gas were saved.
To read the full report, visit: https://www.fnbo.com/content/dam/fnbo/documents/cra/2023-fnbo-impact-report.pdf.
About FNBO
FNBO (First National Bank of Omaha), a subsidiary of First National of Nebraska, Inc. (FNNI), is one of the largest privately held banks in the US and has been in business for more than 165 years. FNNI and its affiliates have over $30 billion in assets and 5,000 employees. Primary banking offices are located in Nebraska, Colorado, Illinois, Iowa, Kansas, South Dakota, Texas and Wyoming, providing personal and business banking, mortgage, payment solutions, wealth management and more. As the great big, small bank founded in 1857, FNBO has maintained its commitment to customers and helping build strong communities. Learn more at FNBO.com and connect on Facebook, X and Instagram. Member FDIC.
For information contact:
Sally Christensen
402-871-1933
schristensen@fnbo.com
The articles in this blog are for informational purposes only and not intended to provide specific advice or recommendations. When making decisions about your financial situation, consult a financial professional for advice. Articles are not regularly updated, and information may become outdated.