Printer Friendly
The Free Library
5,074,394 articles and books
Member login
User name  
Password 
 
Join us Forgot password?

Union State Bank presents Red Cross with $40,000 donation.


Union State Bank employees received the gift of giving this holiday season as the Bank and the U.S.B. Foundation donated do·nate  
v. do·nat·ed, do·nat·ing, do·nates

v.tr.
To present as a gift to a fund or cause; contribute.

v.intr.
To make a contribution to a fund or cause.
 over $40,000 to the Westchester Chapter of the American Red Cross American Red Cross: see Red Cross.  on their behalf.

The donation includes employee contributions to assist the relief efforts for Hurricane Katrina Editing of this page by unregistered or newly registered users is currently disabled due to vandalism.  victims.

As a result of Hurricane Katrina and the devastation to the people in New Orleans New Orleans (ôr`lēənz –lənz, ôrlēnz`), city (2006 pop. 187,525), coextensive with Orleans parish, SE La., between the Mississippi River and Lake Pontchartrain, 107 mi (172 km) by water from the river mouth; founded  and Mississippi, Union State Bank employees were encouraged to donate to the American Red Cross for the benefit of the victims. The U.S.B. Foundation pledged to match "dollar for dollar" the employees' contributions. In just a matter of weeks, employees donated over $7,000 to support the disaster relief.

In addition to the funds raised for the hurricane relief, Union State Bank has chosen to donate over $13,500 to the Westchester Chapter of the American Red Cross in lieu of Instead of; in place of; in substitution of. It does not mean in addition to.  customer and employee holiday gifts. The Foundation has committed to matching this amount as well, making the total combined donation over $40,000.

Raymond J. Crotty, president and chief operating officer Chief Operating Officer (COO)

The officer of a firm responsible for day-to-day management, usually the president or an executive vice-president.
 of Union State Bank, presented the check to James Dennis, CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. , and Ira Brody, chief development officer of the American Red Cross in Westchester County, at a holiday luncheon hosted by Lawrence D. Stewart, chief lending officer of Union State Bank.

"Replenishing the funds utilized in the hurricane relief efforts will prepare the Westchester Chapter of the American Red Cross for emergencies in our area," said Crotty. "Our employees share our commitment to the communities in which we live and work, which is why we, Union State Bank, chose to give a gift of charity on their behalf."

In receiving the donation, Brody noted, "We at the American Red Cross are appreciative of the efforts of Union State Bank and its employees for the victims of Katrina during the greatest natural catastrophe in recent American history. We in Westchester are even more appreciative of Union State Bank's past and continued support of our local disaster needs. Union State Bank is truly a model to the private sector in regards to what community involvement is about."
COPYRIGHT 2005 Hagedorn Publication
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2005, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

 Reader Opinion

Title:

Comment:



 

Article Details
Printer friendly Cite/link Email Feedback
Title Annotation:TRANSCRIPTS
Publication:Real Estate Weekly
Date:Dec 14, 2005
Words:355
Previous Article:Jeffrey Forchelli honored by the Brooklyn Law School.(TRANSCRIPTS)
Next Article:Ingerman buys 85 West Broadway.(Tribeca Associates )(Brief Article)
Topics:



Related Articles
Cost of blood jumps as supplies begin running low.
BUSINESS GIVING.(Business)
Individual donors urged to give to `tested' agencies.(Disasters)
Valley companies join in efforts for tsunami victims.(Up Front)
California banks contribute to global tsunami relief.
LOS ANGELES REGION ANSWERS CALL TO HELP STORM'S VICTIMS.(News)
DOING THEIR PART HOW TO HELP.(News)
Union State Bank honors the arts with $1,000 contribution.(TRANSCRIPTS)
Relief agencies in 'race against time': disaster looms in earthquake region unless help arrives.(WORLD)
Union Bank donates $2,500 to PAC.

Terms of use | Copyright © 2009 Farlex, Inc. | Feedback | For webmasters | Submit articles