United Community Banks : highlights Community Impact in 2023 Report
May 29, 2024 at 08:56 pm IST
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Greenville, SC -- The United Community Bank Foundation has released its third Community Impact Report, showcasing the bank's dedication to improving the financial health and well-being of communities across the Southeast.
"We are proud of the Foundation's work in supporting nonprofit organizations throughout our region," said Moryah Jackson, SVP, director of community development and engagement at United. "By focusing on employee-driven areas of interests, our bankers align their passion with purpose and help make a real difference in the lives of those we serve."
To maximize impact, the Foundation established four pillars based on employee survey results, reflecting critical issues to the United team. These pillars - artistic expression, youth development, housing strategies and economic empowerment - guide the Foundation's efforts to fulfill its mission of improving financial health across its service areas.
Highlights from the 2023 Community Impact Report:
$581,305 Donated: The Foundation awarded grants totaling more than half a million dollars in 2023.
230 Organizations Supported: Grants reached organizations across six states - Alabama, Florida, Georgia, North Carolina, South Carolina and Tennessee.
Employee-Driven Grantmaking: Awarded 138 grants totaling $444,550 to organizations nominated by United team members.
Celebrating "Good Days": Grants totaling $136,755 were awarded to 95 organizations in support of Martin Luther King Jr. Day, Financial Literacy Month, National Day of Service, World Animal Day and Veterans Day.
Since its inception three years ago, the Foundation has contributed more than $1.4 million to nearly 400 nonprofit organizations, amplifying the positive impact of United employees who volunteer their time and talent.
About United Community Banks, Inc.
United Community Banks, Inc. (NASDAQ: UCBI) is the financial holding company for United Community, a top 100 U.S. financial institution that is committed to improving the financial health and well-being of its customers and the communities it serves. United Community provides a full range of banking, wealth management and mortgage services. As of March 31, 2024, United Community had $27.3 billion in assets, 205 offices across Alabama, Florida, Georgia, North Carolina, South Carolina, and Tennessee, as well as a national SBA lending franchise and a national equipment lending subsidiary. In 2024, United Community became a 10-time winner of the J.D. Power's award for the best customer satisfaction among consumer banks in the Southeast region and was recognized as the most trusted bank in the Southeast. In 2023, United was named by American Banker as one of the "Best Banks to Work For" for the seventh consecutive year and was recognized in the Greenwich Excellence and Best Brands Awards, receiving 15 awards that included national honors for overall satisfaction in small business banking and middle market banking. Forbes has also consistently listed United Community as one of the World's Best Banks and one of America's Best Banks. Additional information about United can be found at ucbi.com.
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United Community Banks, Inc. is a financial holding company for United Community Bank (the Bank). It provides a range of financial products and services to the commercial, retail, governmental, educational, energy, health care and real estate sectors. This includes a variety of deposit products, secured and unsecured loans, mortgage loans, payment and commerce solutions, equipment finance services, wealth management, trust services, private banking, investment advisory services, insurance services, and other related financial services. These products and services are delivered through a variety of channels including its branches, other offices, the Internet, and mobile applications. Its deposit products include checking accounts, savings accounts, money market accounts and other deposit accounts. Its investment portfolio includes residential and commercial mortgage-backed securities, asset-backed securities, United States agency and municipal obligations.