OMAHA – First National Bank has awarded a total of $840,000 in community development grants to 46 organizations in Nebraska, Iowa, Colorado, Illinois, Kansas, South Dakota and Texas. The grants support programs focused on increasing access to affordable housing, revitalizing neighborhoods and building strong local economies.
In Illinois, First National Bank awarded $80,000 in community development grants to six organizations. Grants supporting economic development initiatives will create or retain 750 jobs. These include:
$10,000 – Accion Chicago: provides financial training and resources to entrepreneurs in Boone, Kane, DeKalb and Kendall counties.
$10,000 – DeKalb County Economic Development Center (Sycamore): provides funding to attract industrial, commercial and residential investment to Northern Illinois University Research Park.
First National Bank expects to announce additional community development grants in the fourth quarter of this year that will support initiatives that strengthen the workforce. In 2018, the bank awarded a total of $1.87 million in community development grants to 98 organizations across its seven-state service area.