Lake City, Florida – First Federal Bank announced today it will donate to sixty non-profit organizations over a period of 60 days. Founded in 1962, 2022 marks First Federal Bank’s 60th anniversary of being a community bank. To celebrate, bank employees will nominate local organizations and one winner will be drawn each day for 60 days. $1000 will be donated to each of the winners. On the 60th day, the non-profit drawn will receive a grand prize of $6000 to conclude the 60 days of giving.
“First Federal Bank is the only mutual bank charted in the state of Florida and is committed to supporting local non-profit organization,” said John Medina, the bank’s President and CEO. “Recognizing and supporting the work of charities strengths our towns and underscores our commitment to remaining a financially stable member of the community.”
Originally founded to offer savings accounts and make home loans to its neighbors, First Federal Bank has a long legacy of giving. “Our customers and community partners inspire us to give back, while providing the best, personable banking experience. 60 days of giving is a perfect example of that giving culture,” says Stephanie McClendon, EVP and Chief of Community Banking and a 23 year veteran of First Federal.
To learn more about First Federal Bank and the ways they give, visit ffbf.com or like the banks’ social pages.