COMMUNITY INVOLVEMENT

Since its inception, Presidio Bank has embraced a culture of community giving. Philanthropy and community involvement is woven throughout the Presidio Bank corporate culture. Part of its mission statement says, “We will be a highly valued member of our local communities and partner with non-profit charitable organizations to improve the communities in which we work and live.”

As a small bank, Presidio Bank’s annual monetary donations and resources are necessarily limited. But, even before being profitable, a budget was allocated annually to sponsoring nonprofits. That commitment continues ten years later.

TIME

Employees, Board members, and Advisory Board members give...

  • Nearly 6000 hours annually
  • To 100 different organizations
  • Representing over $450,000 in donated expertise

MONEY

Presidio Bank was named as one of San Francisco Business Times Top Bay Area Corporate Philanthropists

  • Giving over 5% of its profits back to the community
  • Donating to nonprofits chosen by clients through the innovative Community Values CD product
  • Support local wealth-building nonprofits in strategic ways to reach the underserved

REINVESTMENT

By supporting local clients and vendors, Presidio Bank ensures that it is reinvesting its dollars in our local economy

  • 87% of vendors are based in the Bay Area
  • 90% of the bank’s loan portfolio is local, supporting local jobs, revenue and economic impact on the region
  • Presidio Bank features clients in its advertising helping them to gain more visibility. Nonprofits are featured disproportionately more.

RECOGNITION

  • Federal Reserve – Rated Presidio Bank as “Outstanding” for Community Reinvestment Act criteria. A copy is available here.
  • MIT - The Wealth Creation Clinic at MIT’s Department of Urban Studies and Planning released a comprehensive study titled “Enhancing the Local Impact of Community Banks”, utilizing Presidio Bank as a model. A copy is available here.

WHO WE SUPPORT

 

MORE BACKGROUND AND IDEAS

Radio spots (mp3 files) sharing ideas for community outreach and dedication: