A Part of Something Bigger
Community Support
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Volunteering for incredible non-profits like the United Way, Habitat for Humanity, Junior Achievement and GLOW YMCA
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Charitable investments in food banks, educational scholarships, and more
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The Star Volunteer Program allows employees to give back with one volunteer day, fully paid
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Deliver financial advice and education
Our company has a long and proud history in Western New York that goes back to 1817. Five Star Bank’s predecessor banks each operated in a rural area and played important roles in helping to meet the deposit and credit needs of traditionally underserved markets. We continue that mission today through fundraising efforts, educational sponsorships, community development efforts, food drives, and partnerships with local universities.
Five Star Bank is proud to support countless organizations throughout Western New York. We make significant investments through various donations and community sponsorships across our geographic footprint, including:
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Our established a Community Reinvestment Act (CRA) budget allows us to make community development focused donations that support our communities
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Donations to community action groups
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Contributions to agencies providing housing services
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Food bank donations
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Donations to organizations providing educational scholarships
We are dedicated to empowering individuals and neighborhoods by investing in areas that support affordable housing, economic development, neighborhood revitalization and stabilization, and community services targeted to low- to moderate-income individuals and communities.
Grant applications can be submitted to our Community Development Director, Karla J. Gadley at KJGadley@five-starbank.com. Additional eligibility guidelines include:
- Tax Exempt Status/501(c) 3
- Need for private financial support
- An organization may apply no more than once a year
Community Development & Financial Literacy
Five Star Bank’s comprehensive product offerings include several products tailored to meet the needs of the unbanked, underbanked and/or low-to-moderate income individuals (“LMI”).
Access to the right products provide members of our communities with many opportunities.
Our Community Development Director is responsible for identifying Community Reinvestment Act (“CRA”) qualified community development activities throughout the Bank’s CRA Assessment Area. She cultivates strong relationships with local governments, community leaders, businesses and non-profits; manages the CRA grant intake process; and so much more.
In addition, a team of Community Development Mortgage Loan Officers play an important role in promoting home ownership education and increases access to residential loans and low-cost deposit product opportunities in low-to-moderate (LMI) neighborhoods.
2023 was a great year for meaningful community impact.
