Published:
Thursday, August 26, 2010
Union Bank explains its social responsibility code
SCBJ staff
EVERETT — Union Bank N.A. officials engaged nearly 50 Snohomish County community leaders Aug. 6 to discuss the bank’s approach and philosophy toward corporate social responsibility.
Executives from the bank’s Corporate Social Responsibility Group and the Union Bank Foundation answered questions and provided information about the company’s charitable giving and corporate social responsibility activities for the communities it serves. Leaders from nonprofit organizations, foundations and civic groups attended.
“The overall vision of the Union Bank Foundation is to help create and sustain healthy communities,” said Carl Ballton, president and chief operating officer of the Union Bank Foundation. “We have a responsibility to work together to solve the challenges in creating strong communities. Our employees demonstrate our commitment by working shoulder to shoulder with Snohomish County organizations to help make a difference.”
The Union Bank Foundation proactively invests in the communities in which the bank operates for the benefit of low- to moderate-income populations. The foundation focuses on four areas: affordable housing, community economic development, education and the environment.
“We applaud the tremendous work that community-based organizations have done in the Pacific Northwest,” said Julius Robinson, Union Bank executive vice president and group leader of corporate social responsibility. “Our businesses, and we as individuals, can impact our community. On average, our employees dedicate a full working day each year volunteering alongside our neighbors and customers. That is a partnership we want to continue to grow.”
Union Bank Regional Chairman of the Pacific Northwest Patrick Fahey, former chairman and CEO of Frontier Financial Corp. and chairman of Frontier Bank before its takeover in April, liked what he heard.
“I personally appreciate the manner in which Union Bank is demonstrating how committed it is to the community,” Fahey said. “I am pleased that Union Bank is continuing its local support and will increase its support as it grows within the Pacific Northwest.”
Annually, Union Bank awards a total of 2 percent of the Bank’s after-tax earnings to nonprofits through the bank and foundation. In May, Union Bank contributed $25,000 to the United Way of Snohomish County.
For more information about the Union Bank Foundation and its corporate social responsibility activities, visit www.unionbank.com.30A38A00
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