Community Commitment Awards
Awards to USA Banks and Banking Employees to
Recognize Outstanding Contributions to the Community
Recognize Outstanding Contributions to the Community
Foundation / Corporation
American Bankers Association (ABA) Foundation
06/30/17 11:59 PM EST Receipt
Awards to USA and territories banks and individual bank employees to recognize contributions to community development, community wellbeing, and economic growth. Entries will be considered in the award categories of financial education, affordable housing, economic inclusion, volunteerism, community and economic development, the protection of older Americans, and community service.
Improving the availability of quality housing for everyone in your community. Examples include, but are not limited to:
-Establishing partnerships with civic groups, nonprofit organizations or government agencies to promote affordable housing construction or rehabilitation;
-Creating mortgage lending programs designed to encourage qualified buyers to become catalysts for change by buying in neighborhoods in need of residential renewal;
-Hosting homeownership seminars to encourage community members to become responsible homeowners.
Community and Economic Development:
Thinking beyond the commercial lending box to spur growth in their communities. Examples include, but are not limited to:
-Establishing partnerships with merchants, community groups, residents or property owners to assist in job creation, identification, and training; to attract new businesses to the area; or to build a thriving economic center in the neighborhood;
-Creating agriculture lending programs designed to meet the lending needs of rural communities and their local economies.
-Financing community facilities or addressing elements that improve a neighborhood’s quality of life, including access to child care, education, health care, fresh food, physical activity and public safety
Honors educational initiatives that raise awareness and build knowledge among people who need it—from at-risk youth to seniors in your community to your own employees. Examples include, but are not limited to:
-Creating a program or partnership with local nonprofits or schools to offer financial literacy education for at-risk student
-Creating or participating in financial outreach programs that have changed long-term attitudes and behaviors about managing money through use of tools, products or services
-Providing financial education programs to employees that show results, innovation, effective tactics and greater financial wellness
Celebrates efforts to increase economic inclusion for all. Examples include but are not limited to:
-Establishing partnerships with nonprofit organizations, government agencies or other financial partners to promote financial inclusion for unbanked borrowers and individuals with no or limited credit histories;
-Hosting credit counseling workshops or lessons
-Creating innovative, safe and affordable products to encourage unbanked customers to join the financial mainstream
Protecting Older Americans:
Banks that excel in stopping elder financial abuse. Examples include but are not limited to:
-Establishing partnerships with law enforcement, adult protective services or community groups to protect older Americans from financial abuse
-Hosting workshops to educate older Americans or their families about the various forms of financial abuse and a bank’s role in preventing financial abuse
-Creating a robust training program for frontline employees to recognize the signs of financial abuse and to provide intervention strategies to protect older Americans from financial abuse
-Creating innovative product features to protect older Americans from financial abuse
Banks that put their employees to work for the good of the community. Examples include but are not limited to:
-Outreach programs in which teams of employees commit to renovating schools, clubhouses and other facilities to help anchor and sustain life in the community
-Mentoring programs that match employees' skills with the needs of underserved or at-risk groups
-Partnership with groups advocating for veterans, seniors and others to retrofit their homes to enable them to enjoy full accessibility and increased quality of life
George Bailey Distinguished Service Award:
Named after the community banker hero of “It’s a Wonderful Life” for a non-CEO employee who demonstrates outstanding initiative, performs highly effective work and inspires others. Examples include but are not limited to:
-Going above and beyond to build goodwill between their bank and community
-Made outstanding contributions to their institution(s), had major positive influence on peers, subordinates and even affected the industry as a whole
-Consistently gives back to the bank and the community, giving freely of their time, energy and resources for volunteerism, community service and charity
Entries are judged based solely on the narratives written in the entry form that address the following:
-Need of the Community - What critical need in the community does the project or program address and how does it provide a solution for that need?
-Institution Role and Involvement - What numbers of volunteer hours, and/or amount of financial and other resources were devoted to the implementation and success of the project or program? What was the level of executive engagement? How does the project or program rank in the institution's priorities? Considering the resources dedicated to the project or program, what was the return on investment?
-Program Uniqueness and Creativity - What is original or innovative about the program? If the program is an existing initiative, how is it implemented in a new way? Are there similar programs in the community? If so, why was this program needed?
-Sustainability and Replicability - Is the program sustainable? How could the program be replicated by other banks or organizations? Could it be implemented on a larger scale?
-Measurable Results - What tools or metrics are used to monitor and gauge progress and success? What measurable success has the project or program achieved? How were the outcomes of the project or program beneficial to the community?
-Partnerships - How has the project or program engaged the community, nonprofit organizations and local civic and governmental leadership in achieving its mission? Was a public-private partnership formed to implement the project or program? If so, how did it contribute to the project or program's success?
-George Bailey Distinguished Service Award - Describe the issue or challenge the nominee sought to address. Describe the impact his or her efforts made to the community and the bank. How has his or her efforts inspired others at the bank? What characteristics make the nominee a candidate for this award?
Awards are made to banks of all sizes and charters.
The George Bailey Distinguished Service Award is intended for a non-CEO employee.
Award entries will be considered for banks across the US and eligible territories:
The entry period is period is May 1 to June 30. All submissions must be received June 30 at 11:59 PM EST.
The contact person listed on the entry form will be notified via phone and/or email approximately eight (8) weeks after the close of the entry period.
The winners will be announced in September and awards presented in October during the ABA Annual Convention in Chicago.
Before starting your grant application, please review the funding source's website listed below for updates/changes/addendums/conferences/LOIs.
Submit entries online:
American Bankers Association
1120 Connecticut Ave NW
Washington, DC 20036
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USA Territories: Guam (USA) Puerto Rico (USA) Virgin Islands (USA) Northern Mariana Islands (USA)
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