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.
Employees, Board members, and Advisory Board members give...
Over 4800 hours annually
To 97 different organizations
Representing over $375,000 in donated expertise
Presidio Bank was named as one of San Francisco Business Times Bay Area Corporate Philanthropists
Giving over 1% 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
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.
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: