Carver Federal Savings Bank has announced a $50,000 donation to the Schomburg Center for Research in Black Culture, a leading national research library devoted to collecting, preserving and providing access to resources documenting the experiences of people of African descent. Carver’s gift will support enrichment activities for young students, empowering 125 Junior Scholars in their academic and professional careers. “Carver is a long-standing supporter of arts and culture in the community and has a long history of working with local cultural institutions. We are pleased to join our partners in financing activities that will preserve and enhance the Schomburg Center for future generations of scholars and researchers,” said Carver Federal Savings Bank President and CEO Michael Pugh.
Guaranty Bank and Trust Company and First Security Bank are teaming up with FHLB Dallas to support Panola Habitat for Humanity with a $24,000 Partnership Grant Program award. The funds will be used to hire additional fundraising staff and to help community members move into homes of their own. Without the funds, the Panola Habitat would have had to merge with an affiliate in another location. "Our operation is small at the moment, but we have big plans for the upcoming year," said Connie Hawkins, president of the Panola Habitat for Humanity and CFO, cashier and EVP of First Security Bank. "These administrative expenses are necessary to operate Habitat so we may continue to serve the Panola County community."
Stephen Green, vice president and market manager at Albina Community Bank, has been named the 2015 Portland Business Journal Small Business Advocate of the Year. Green participates in an array of local organizations including the Black United Fund of Oregon, the Housing Development Center and the Portland Development Commission, where he concentrated on assisting small, early-stage companies and nonprofits. Green has a reputation as a tough business coach who pushes entrepreneurs to reach their potential. “Oftentimes, for the people I’m working with, it’s the first time someone has said yes to them,” says Green. “It’s the first time someone has said, ‘I’ll help you out.’ That’s what I’ve come to understand after working with thousands of entrepreneurs.”