COMMUNITY INVOLVEMENT

Philanthropy and community involvement is part of the Presidio Bank corporate culture. Although the Bank is not yet large enough to have a foundation for grant giving, it does contribute both monetarily and through employee efforts.

Time

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

  • Over 5500 hours annually
  • To 117 different organizations
  • Representing over $500,000 in donated expertise

 

Money

Presidio Bank was named as one of San Francisco Business Times 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