WASHINGTON, Aug. 24, 2017 /PRNewswire/ -- The National Capital Bank of Washington (NCB) announced today that it has been awarded honorable mention for the National Community Service Awards presented by the Independent Community Bankers of America© (ICBA).
The service awards celebrate the outstanding and innovative volunteer efforts of the nation's community banks. From helping devastated communities recover from natural disasters, to broadening access to mainstream financial services for underserved communities, this year's ICBA National Community Bank Service Award winners exemplify what it means to be a community bank.
Recognized for its philanthropic commitment to the Washington, D.C., Capitol Hill community, NCB has supported the mission and vision of its neighborhood organizations and businesses for over 125 years by providing not only banking services, but also donating resources, time and talent to the community. Key to this effort was the decision to establish a charitable foundation.
The National Capital Bank of Washington Foundation is a donor-advised fund that supports three main areas of interest – youth, education and social services. Since its inception, the fund has made over 500 donations totaling $1.7 million to local organizations. And to enhance the fund's impact, NCB employees also volunteer with these organizations, with more than 500 hours donated each year.
Randy Anderson, NCB's President and CEO said of this award, "This is a testament to our employees and management's commitment to our core mission of adding value to the community. We are fortunate to have the opportunity to serve and make a difference for so many local organizations who provide vital services to our communities."
The National Capital Bank of Washington was founded in 1889 and is Washington's Oldest Bank. NCB is headquartered on Capitol Hill with a second branch located in Friendship Heights, as well as a residential mortgage office and a wealth management services office. The Bank trades under the symbol NACB. For more information about NCB, visit nationalcapitalbank.com
SOURCE The National Capital Bank of Washington