Forward Bank's Charitable Money Market Account Reaches Donation Milestone
Monday, January 27th, 2020 -- 9:43 AM
(Hub City Times) -Local charities are a key component in keeping our communities strong.They fill unique and important niches in helping us all with the educational, spiritual, cultural, social and health aspects of our lives. To provide a consistent donation stream for our local charities on behalf of our customers, Forward Bank created the Charitable Money Market Account. This month over $160,000 was donated back to 278 worthwhile organizations participating in the program, bringing the grand total to over $1,000,000 since the program launched.
“2019 has been a year of milestones ??" we celebrated our 100 year anniversary, reached $500 million in assets and now we’ve reached over $1 million in donations through the Charitable Money Market Account program,” said Bill Sennholz, CEO/president at Forward Bank. “The donations from the CMMAs continue to grow each year because of the thoughtfulness of our customers and the relationships we’ve built in our communities.” Thirty-three organizations received donations over $1,000 this year thanks to customers who designated them as their charity of choice.
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