Sponsorships & Grants
Under the Community Bank® model, we support the community in two ways:
(i) Working with local community groups to develop mutually beneficial relationships where we are able to provide support on an ongoing basis. It is a two way relationship, where the extent to which the community group supports the Community Bank® in turn influences the extent to which the Community Bank® can support the community group. It is a "win-win" situation and is our major form of financial support to community groups - this arrangement is called a "sponsorship."
(ii) Supporting community groups is by way of a random donation/payment. Payment is made from time to time, to meet some immediate need and is known as a grant.