Enterprise Bank & Trust Publishes 2020 Community Impact Report
Today, Enterprise Bank & Trust, the banking subsidiary of Enterprise Financial Services Corp (NASDAQ: EFSC), published its second annual Community Impact Report. The report details several of Enterprise’s community partnerships, programs and contributions to the communities it serves.
The report includes data and stories about individuals impacted by Enterprise’s community engagement initiatives, focusing on philanthropy, education, diversity and inclusion, community development, affordable housing, volunteerism, and pandemic initiatives.
Enterprise’s Welcome Home Kansas City program—a down payment assistance program that is designed to increase homeownership in majority-minority neighborhoods—is one example highlighted in the report. Together with Welcome Home St. Louis, the two programs have provided more than $415,000 in subsidies to qualified homeowners in less than three years.
Other key statistics from the report:
- $1.823 million total corporate philanthropic contributions;
- 19,936 residents of low-income communities gained access to community services such as healthcare, wellness and education in the last five years;
- 70% job placement rate among graduates of our Gateway to a Banking Career program;
- 6,752 hours volunteered in 2020 by Enterprise associates;
- Nearly $100,000 distributed from the Associate Support Fund in 2020.
The Community Impact Report features a few of Enterprise’s many partnerships. Among this year’s featured partnerships are Urban League of Metropolitan St. Louis, Native American Connections, Homewise, CHES, Inc, and financing partnerships that focus on local impact, including investment in New Mexico’s Community Catalyst Fund. The report also provides details on Enterprise’s diversity and inclusion programs, education initiatives, and the work of the Enterprise Bank & Trust Foundation.
The report is available at www.enterprisebank.com/impact.
Steve Richardson // (314) 691-4856 // [email protected]