California Bank & Trust raises nearly $80,000 for nonprofits

BANKS: Employee-Giving Campaign Supports 92 Organizations

California Bank & Trust (CB&T), one of the Golden State’s leading banks with over 80 branches across California, announced this week that it has raised nearly $80,000 for its 2022 California Bank & Trust Giving Campaign. This total amount includes a $20,000 corporate donation to be given to organizations partnered with United Way that help those facing food insecurity.

Working closely with United Way, the contributions will benefit 92 nonprofit organizations, advancing the important work they do for San Diego and communities throughout the country, including providing affordable housing, small-business and micro-enterprise development and community economic development.

“We’re thrilled to have completed another successful year of our Giving Campaign,” said CB&T’s President and CEO Eric Ellingsen.

“Empowering our communities to grow and thrive is one of our guiding principles, and the nearly $80,000 that we have raised will go to organizations dedicated to strengthening the California community during this unstable economic time,” Ellingsen added. “We’re honored to be a part of that.”

Special Focus on Charitable Giving

Charitable giving is a key facet of CB&T’s Corporate Responsibility efforts – and its overall mission to service the California community.

In addition to charitable giving, CB&T is dedicated to sustainability and has financed clean energy projects and implemented green building standards.

CB&T also has active community development grant programs and offers an array of resources for women- and minority-owned businesses.

Recently, CB&T has launched its Volunteer Time Off (VTO) program, created to encourage associates to volunteer with organizations and groups they are passionate about.

“Volunteerism and community involvement are core elements of our mission at California Bank & Trust,” said Ellingsen.

“With our VTO program, associates can hand-pick charities and projects they love and work with them to give back in the ways that are most meaningful to them,” he added. “As our Giving Campaign and other programs demonstrate, making a positive impact for the communities we serve through charitable involvement is a core part of our DNA.”

Local Decision-Making Authority

A division of Zions Bancorporation, N.A. (NASDAQ: ZION), CB&T has been helping Californians and their businesses grow and prosper for nearly 70 years.

CB&T provides a full array of financial solutions for businesses and individuals, including commercial banking, business banking, small-business lending, treasury management, international banking and wealth management.

CB&T bankers are backed by major resources yet maintain local decision-making authority and regional market and industry expertise. Each is committed to providing clients with valuable economic insights and connecting them with the beneficial business relationships they need in order to succeed. ■