News

Fulton Bank releases social reasonability report

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.

Melina Druga

Recent Posts

Gov. Shapiro’s budget would increase deficit, drain reserves, fiscal watchdogs say

Financial watchdogs who have scrutinized Pennsylvania Gov. Josh Shapiro’s 2024-25 budget say the proposal’s excessive…

14 hours ago

Kraft Heinz receives $170M energy grant from DOE’s Office of Clean Energy Demonstration

The U.S. Department of Energy’s Office of Clean Energy Demonstration recently awarded the Kraft Heinz…

24 hours ago

Legislation would expand 529 TAP Tax Credit

The state House of Representatives recently advanced House Bill 1745, bipartisan legislation that would expand…

24 hours ago

Rep. Kelly asks DOE Secretary Granholm to explain proposed steel rule

U.S. Rep. Mike Kelly (R-PA) asked U.S. Department of Energy (DOE) Secretary Jennifer Granholm to…

24 hours ago

Rep. Thompson supports bills in Congress supporting affordable energy

On Thursday, U.S Rep. Glenn “GT” Thompson (R-PA) said he supports six bills in Congress…

2 days ago

National Association of Manufacturers comments on new EPA auto standards

The National Association of Manufacturers, the largest manufacturing association in the United States, recently released…

2 days ago

This website uses cookies.