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Business

First National Bank awards Community Development Grants

First National Bank has awarded a total of $360,000 in community development grants to 28 organizations in Illinois, Nebraska, Colorado, Kansas and South Dakota.

The grants will support affordable housing, educated workforce and economic development programs.

“Across the four states, these grants will help over 4,000 people become more self-sufficient, create access to over 170 affordable housing units, serve 570 small businesses and create over 1,200 full- and part-time jobs,” Alec Gorynski, senior director, Community Development and Corporate Social Responsibility, said in a news release.

In Illinois, First National Bank awarded $102,000 in community development grants to nine organizations.

Grants supporting economic development initiatives will contribute to 642 new and retained full- and part-time jobs and assist 261 new and existing small businesses.

Among them was a $12,000 grant to the DeKalb County Economic Development Corp., which works to facilitate sustainable and diversified economic growth in DeKalb County.

Grants supporting educated workforce initiatives will enable more than 168 individuals in Illinois to move closer to self-sufficiency.

These include:

- $10,000 – Kishwaukee Family YMCA: dedicated to youth development, healthy living and social responsibility and strives to teach skills and values that help create a path to success for children and teens; inspire people of all ages to play, be active and maintain a healthy lifestyle; and engage in work that fosters an inclusive, collaborative, proactive approach to addressing community needs.

-$10,000 – Kishwaukee College Center for Business Development and Continuing Education: provides financial assistance to individuals pursuing a short-term certificate program, which will increase income for participants.

First National Bank has awarded a total of $735,000 in community development grants in 2016. First National Bank expects to announce additional community development grants in the fourth quarter of this year. In 2015, the bank awarded more than $1.69 million in community development grants to organizations across its seven-state service area.

To view First National Bank’s “First in the Community Impact Report” and learn more about the full extent of its 2015 community contributions, visit: www.firstnational.com/site/about-us/in-the-community/index.fhtml.

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