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 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." |
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