When the Paycheck Protection Program launched amid the COVID-19 pandemic, Republic Bank of Arizona made a conscious decision to roll out the welcome mat and do its best to help every Arizona small business and nonprofit organization asking for help.
The bank proactively reached out to its existing customers, but went a step further in contacting its fellow Alliance of Arizona members to offer help and support.
We were honored to help many nonprofit organizations with their PPP loans and funding. The bank is a staunch supporter of Arizona’s nonprofit community and offer a number of special services targeted to their specialized needs. I think the best way to say it is that we care about the community as much as you do.
The bank’s support for the nonprofit community falls into several different areas:
Special services to help nonprofits reach their goals. The bank’s Not-for-Profit Banking program offers nonprofits an earnings credit allowance and CD rates above its normal rates. The services are geared specifically toward the needs of nonprofit organizations.
Increased visibility. The bank spotlights clients, including its nonprofit clients, whenever possible, providing additional outreach and exposure to the good works of Alliance of Arizona members and other nonprofits throughout the community. We’re very proud of our nonprofit clients, and we like to share the great work they’re doing.
Educational opportunities. Through its ShopTalk program, the bank offers nonprofit organizations and other small businesses the opportunity to get valuable information from experts on various topics such as government oversight of boards, maximizing grant opportunities, tax credit tips and more. It’s informal, but very informative.
Volunteerism and fundraising. Community involvement is a core value for Republic Bank of Arizona. The bank’s Culture Club, an internal group of highly motivated employees, keeps the bank on track to meet its community involvement goals by planning and executing community outreach programs throughout the year, from food drives to book drives to toy drives, and lots more.
Expertise You Can Count On
Republic Bank of Arizona has proven to be a valuable partner for Arizona’s nonprofit community. To learn more about how the bank can help your organization, contact Alliance of Arizona member and RBAZ banker Karen Vitkovich, the bank’s cash management officer and nonprofit expert.
Karen Vitkovich is the Vice President at Republic Bank of Arizona