In light of the devastating impact Hurricane Florence has had on North Carolina, the American Bankers Association will donate $100,000 dollars to a relief fund created by the North Carolina Bankers Association. ABA will also match donations made by ABA employees. The fund will assist bank employees and their families affected by the storm and the historic flooding that followed. In 2017, ABA made similar donations after Hurricanes Harvey, Irma and Maria.
“Our thoughts and prayers are with all those caught in the path of Hurricane Florence,” said ABA President and CEO Rob Nichols. “Even as banks step up to do their part in the recovery, some of their employees are dealing with disasters of their own. Our contribution is one way we can join with North Carolina bankers to help our colleagues, and we encourage banks and bankers across the country to consider contributing to this fund and other recovery efforts in the state.”
“We welcome ABA’s contribution and the steadfast support of bankers everywhere,” said NCBA President Peter Gwaltney. “Even before we launched this fund, banks of all sizes had already committed nearly $6 million dollars to recovery efforts in North Carolina. We know there will be more to come.” To learn more about the NCBA Hurricane Florence Relief Fund and how to contribute, visit www.ncbankers.org/hurricane-florence.
The American Bankers Association is the voice of the nation’s $17 trillion banking industry, which is composed of small, regional and large banks that together employ more than 2 million people, safeguard $13 trillion in deposits and extend nearly $10 trillion in loans. Learn more at aba.com.