Tuesday, January 17, 2006

Business Bank Breaks Giving Records

LAS VEGAS - Business Bank of Nevada announced 2005 was its third consecutive record year for philanthropic outreach in Nevada. The Bank's monetary and in-kind support last year totaled over $35,000 in cash and in-kind donations, including computer and other office equipment, and more than 1,200 hours of volunteer services from Bank employees.

This is a 17 percent increase over the previous year's numbers, which amounted to $30,000 for cash and in-kind donations, and approximately 1,000 hours of volunteer services.

"We continue to be very proud of our philanthropic performance and our increased capabilities each year to help more people and communities become better places to live and work," said Larry Charlton, executive vice president and chief operating officer of Business Bank and chairman of the board of United Way of Southern Nevada. "We view our involvement in the communities we serve as an extension of our bank, and if the community succeeds, we too will be successful."

Charlton added that while the Bank is very pleased with what it achieved last year with its monetary and in-kind donations, the Bank is perhaps most excited about the human resources it was able to provide to nonprofit and community organizations throughout Nevada. "Providing over 1,200 hours of volunteer services to these organizations was no small feat, especially for a company our size."

The Bank contributes financial, in-kind, and volunteer assistance to nonprofit institutions and organizations that enhance the quality of life and promote public interest where the company conducts its business. The four main areas of the Bank's philanthropic outreach include: education, health and human services, community development, and arts and culture. Business Bank is a member of the Business Community Investment Council in Las Vegas.

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