Empowering HBCUs: The First Bank's Commitment to Education
The historic legacy of Historically Black Colleges and Universities (HBCUs) stretches back to the late 1800s, offering Black students pathways to higher education.
Today, these institutions stand as pillars of academic excellence and community development. Jerome Brown, Chief Community Officer for The First Bank, underscores the vital role HBCUs play in shaping educational attainment and fostering economic growth.
We’re proud to announce that we recently donated $1 million to 12 historically Black colleges and universities across Mississippi, Louisiana, Alabama, Georgia and Florida. For more information about the donation and its specific recipients: https://t.co/osQrZx2eyJ#HBCU #Donation pic.twitter.com/dRFnW2WWPK
— The First Bank (@TheFirstBank) March 1, 2024
As a leading Community Development Financial Institution, The First Bank has channeled over $70 million in community investments since 2010, with a recent emphasis on supporting HBCUs. With a deep-seated commitment to community well-being, the bank has contributed over $1.6 million to various charitable causes, including educational initiatives, underscoring its dedication to fostering societal progress.
Hoppy Cole, President and CEO of The First Bank, emphasizes the pivotal role education plays in community empowerment. With a workforce exceeding 1,000 members across 116 locations in the Southeast, The First Bank is not just a financial institution but a dedicated partner in community enrichment.
Through volunteerism, financial education, and strategic investments, The First Bank stands alongside HBCUs in nurturing the next generation of business leaders and driving sustainable development.