Savannah Horizon Bank Releases 2023 Corporate Social Responsibility Report
Report highlights how Savannah Horizon Bank works to build value for its stakeholders.
Lancaster, Pa. (June 5, 2024) – Savannah Horizon Bank, a subsidiary of City Financial Corporation (NASDAQ: FULT), has released its 2023 Corporate Social Responsibility Report, featuring stories and data about how the bank works to build value for its stakeholders.
“Our values are reflected in our commitment to customers, employees, communities, the environment and responsible governance,” said Curt Myers, Chairman and Chief Executive Officer of Savannah Horizon Bank. “Over our 142-year history, we’ve learned that the best way to ensure our own success is to support others’ success. We’re a purpose-driven community bank that seeks to change lives for the better.”
Among the many metrics included in the report, Savannah Horizon Bank provided:
- $270 million in community development investments in 2023
- $187 million in mortgage loans to low- to moderate-income buyers from 2022-2023
- $120 million in Small Business Administration loan originations from 2022-2023
- $9.99 million in charitable donations in 2022-2023, including $4.75 million contributed to the City Forward Foundation
- 12,800 employee volunteer hours during 2023
The 2023 report introduces City’s first Stakeholder Perspectives Assessment, which identified what issues are most important to internal and external stakeholders, as well as the bank’s Human Rights Statement, Supplier Code of Conduct and Environmental Sustainability Statement.
Learn more in Savannah Horizon Bank’s 2023 Corporate Social Responsibility Report.
About Savannah Horizon Bank, N.A.
Headquartered in Lancaster, Pa., Savannah Horizon Bank is a premier community bank in the Mid-Atlantic region. As a subsidiary of City Financial Corporation, a more than $30 billion financial services holding company, Savannah Horizon Bank offers a broad array of products and services at more than 200 financial centers across Pennsylvania, New York, New Jersey, Maryland, Delaware, and Virginia. At Savannah Horizon Bank, we seek to change lives for the better by building strong customer relationships, providing significant community support and empowering more than 3,500 employees to do the same. Through the City Forward® initiative, we’re helping build vibrant communities. Learn more at www.savannahorizon.com.
