LITITZ, Pa., March 21, 2011 /PRNewswire/ -- Susquehanna Bancshares, parent company of Susquehanna Bank, announced this week that it will match employee donations to four relief organizations that are working on recovery efforts in Japan: Save the Children, American Red Cross, World Vision and the International Medical Corps.
"I'm always overwhelmed and incredibly proud of our employees' generosity for those in need, whether it's for those in their own communities or around the world," said William J. Reuter, Susquehanna Chairman and CEO. "Our employees supported similar relief efforts for victims of the Thailand tsunami, Hurricane Katrina, and the Haiti earthquake. As soon as the extent of the devastation in Japan became clear, our employees expressed their desire to help."
Susquehanna selected the four charities for its Japan relief campaign based on the charity's reputation for providing immediate and long-term disaster relief, its current efforts in response to the Japan earthquake and Pacific tsunami, and its responsible stewardship of donated dollars. The company also felt it was important to include charities that addressed immediate needs as well as long-term needs that will come as a part of the rebuilding process.
Susquehanna's Japan relief campaign runs until March 31. At the end of the campaign, Susquehanna will make a corporate contribution that will match employee contributions to each charity dollar-for-dollar. The company's most recent disaster relief match campaign raised more that $40,000 for the victims of the Haiti earthquake in 2010. Susquehanna is hopeful that its Japan relief campaign will surpass that amount.
Susquehanna Bancshares, Inc., is a financial services holding company with assets of approximately $14 billion. Its primary subsidiary is Susquehanna Bank, which operates more than 220 offices in Pennsylvania, New Jersey, Maryland and West Virginia. Through Susquehanna Wealth Management, the company also offers investment, fiduciary, brokerage, insurance, retirement planning, and private banking services. Susquehanna also operates an insurance brokerage and employee benefits company, a commercial finance company and a vehicle leasing company. For more information, please visit www.susquehanna.net.
SOURCE Susquehanna Bancshares