Lancaster-based Fulton Bank, a subsidiary of Fulton Financial Corp., recently released its 2022 Corporate Social Responsibility Report highlighting how it aligns with the Sustainability Accounting Standards Board standards.
The report also provides additional information on metrics the bank used to evaluate its efforts to create positive impact companywide and throughout communities.
“In this year’s report, you will see that our company is growing and making impact by doing what matters most,” Curt Myers, Fulton Bank chairman and CEO, said. “We’re helping people become first-time homeowners; educating customers about money; empowering community members to make good financial decisions; and making financial services available for people and small businesses in underbanked and underserved communities.”
Low- and moderate-income homebuyers have received $1 billion in loans since 2016 through Fulton Bank’s partnership with Operation HOPE.
Between 2020 and 2022, the bank financed $137 million in Small Business Administration loans.
Between 2021 and 2022, the bank made $10.8 million in charitable contributions and donations, and employees volunteered a total of 26,391 hours with charities.
Between 2020 and 2022, the company disbursed $3.8 million in closing cost assistance program grants.
Between 2020 and 2022, low-to-moderate buyers received $296 million in HomeReady Mortgage Plus Loans.