For 127 years, Exchange Bank has been serving the local community, not only through trusted banking and financial services, but also through charitable giving. Exchange Bank differs from national and regional banks by focusing 100% of its charitable giving on the communities it serves. In 2016, employees raised more than $145,000 through a variety of fundraising activities. In total, Exchange Bank contributes to more than 300 charitable organizations and nonprofits each year.
In 2016 Exchange Bank and its employees contributed more than $665,000 to the community in 2016. In addition, 50.44% of the Bank’s cash dividends go to the Doyle Trust that funds the Doyle Scholarship at Santa Rosa Junior College. Since 1948, the Doyle Scholarship Fund has provided $83 million to over 127,000 students.
“Giving back to the community is part of our legacy — it’s our mission and a part of Exchange Bank’s culture,” said Gary Hartwick, president and CEO. “Our employees demonstrate their commitment to the community through thousands of volunteer hours each year.”
Employees are active in the community, rolling up their sleeves for National Rebuilding Day —a volunteer effort to revitalize the houses of low-income homeowners in the community, and through their work with Independent Teen City, a program that helps prepare foster youth for independent living.
Since 1994, the Volunteer Center of Sonoma County has named Exchange Bank the corporate champion in its division for raising the most money for the Human Race. Exchange Bank provides employees paid time-off to participate in bank-sponsored fundraising events such as United Way’s Day of Caring, the American Cancer Society’s Relay for Life, and the Leukemia and Lymphoma Society’s Light the Night Walk. Employees are also given time to serve on boards of local nonprofits and share leadership talents to benefit the community.
In 2016 Exchange Bank…