LANCASTER, PA — Fulton Bank, a subsidiary of Fulton Financial Corporation (NASDAQ: FULT), has released its 2024 Corporate Social Responsibility (CSR) Report, emphasizing its commitment to creating value for customers, employees, and communities while maintaining a robust focus on corporate governance and environmental stewardship.
“Our purpose is to change lives for the better,” said Curt Myers, Chairman and Chief Executive Officer of Fulton Bank. “We do that by working together to serve all our stakeholders, including our customers, colleagues, the communities where we operate, the shareholders who invest in our company, and those who work to ensure the security and accessibility of financial services.”
The bank’s significant accomplishments in 2024 include $303 million in community development investments and $220 million in mortgage loans extended to low- to moderate-income buyers over the past two years. Fulton also originated $135 million in Small Business Administration loans from 2023 to 2024, reflecting its support for entrepreneurial growth.
Fulton Bank’s philanthropic efforts saw $11.7 million in charitable donations during the reporting period, with $6.5 million directed to the Fulton Forward Foundation, which drives initiatives in financial literacy and community revitalization. Employees further contributed over 11,000 hours of volunteer service in 2024, underscoring the organization’s dedication to social impact.
On the environmental front, Fulton focused on minimizing resource consumption and supporting customers in achieving their sustainability goals. Meanwhile, the bank prioritized employee development through professional training and fostering an inclusive, respectful workplace.
Fulton Bank’s efforts culminated in an “Outstanding” rating in its 2024 Community Reinvestment Act (CRA) performance evaluation by the Office of the Comptroller of the Currency. The award, which reflects excellence in meeting credit needs in low- and moderate-income areas, underscores Fulton’s role as a socially responsible financial institution.
“We are proud of what we’ve accomplished, but we know there’s always more to be done,” Myers added. “These results reflect our commitment to not only delivering strong financial performance but also creating meaningful and lasting impacts for our communities.”
Through its 2024 CSR Report, Fulton Bank demonstrates a steadfast commitment to aligning its values with tangible contributions that benefit people and communities across its footprint.
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