Fulton Bank has been named as a recipient of the American Bankers Association Foundation’s 2023 Community Commitment Award.
The Lancaster-based Fulton Bank is one of eight banks to receive the award for 2023 — which recognizes banks for “extraordinary corporate social responsibility,” according to a press release.
Fulton was recognized for its Fulton Bank Military Internship program, which is marking its 10th anniversary this year. The program is a six-month paid internship that helps veterans transition from military service to the civilian workforce, the bank said in an emailed response to questions.
It provides on-the-job training in the banking and financial services industry, networking and professional development opportunities, the ability to advance knowledge and skills, and consideration for employment after the internship concludes.
Once the interns complete the program, they are provided with job search support both within Fulton and throughout the banking industry.
Since the program’s inception, Fulton Bank has worked with more than 168 veteran interns and hired 42 of them for full-time positions, according to the company. Veterans work in various departments including information technology, commercial banking, consumer banking, wealth management, risk management, human resources, compliance, fair and responsible banking, audit, strategic initiatives and operations.
“Fulton Bank is honored to receive this award recognizing our efforts to support veterans as they transition to the civilian workforce,” Curt Myers, chairman, president and CEO of Fulton Financial Corp., said in a statement. “We are grateful for the wide range of expertise, resourcefulness and commitment that service members contribute to our company, our communities, and our country each day.”
In an emailed response to questions, Myers said Fulton Bank created the program to support service members, provide them with an opportunity to grow a rewarding career and recognize the unique talents veterans and active military personnel bring to the workplace and the community.
“Veterans face unique challenges and circumstances when transitioning to the civilian workforce from lack of recognition of their skills and experience to discrimination and bias to inadequate support and resources,” he said in the emailed response.
Fulton connects with most of its military intern hires through its outreach partnerships and community efforts, including military and veteran organizations, referrals from current employees or from its Veteran Employee Resource Group members, and connections and referrals from higher education partners.
The American Bankers Association Foundation’s Community Commitment awards recognize banks in seven specific categories ranging from affordable housing to economic inclusion. Fulton Bank was recognized in the category of Supporting Military Families.
A selection committee of independent experts in each category reviewed the nominations — choosing winners based on specific criteria that included the creativity and thoughtfulness of the bank program. The winners must also demonstrate success in measurable terms, according to the release.
“I am continually amazed and proud of the work America’s banks do to support communities nationwide,” Rob Nichols, American Bankers Association president and CEO, said in a statement. “The efforts of the banks recognized this year have changed the lives of many and showcase the very best our industry has to offer.”
The other recipients of the 2023 awards include:
• Dollar Bank, Pittsburgh, for It’s the Way Home program in the Affordable Housing category.
• United Bank of Vienna, Va., for its Power of Partnership program in the Community and Economic Development category.
• Huntington National Bank of Columbus, Ohio, for its Lift Local Business program in the Economic Inclusion category.
• Bank of Guam, Hagåtña, Guam, for its Bank of Guam Financial Empowerment Program in the Financial Education category.
• The Cooperative Bank, Roslindale, Mass. for its Carefull Program in the Protecting Older Americans category.
• Wells Fargo, San Antonio for its Military Talent Strategic Sourcing program in the Supporting Military Families category.
• Comerica Bank, Dallas, for its Comerica Cares program in the Volunteerism category.
“These eight winning programs exemplify the transformational impact that banks can have in the communities they serve,” Lindsay Torrico, executive director of the American Bankers Association Foundation, said in a statement.
The award recipients will be recognized on Oct. 10 during the American Bankers Association’s annual convention in Nashville, Tenn.
With its headquarters in Lancaster, Fulton Bank operates more than 200 financial centers across Pennsylvania, including locations in Berks, Chester Delaware and Montgomery counties; as well as New Jersey, Maryland, Delaware and Virginia.
Source: Berkshire mont