First County Bank Foundation has donated grants totaling $535,500 to 119 Fairfield County nonprofits through its annual CommunityFirst Grant Program.
Focused on the following critical issues, First County Bank Foundation supports affordable housing, economic development and educational enrichment for families and children.
“Each year during our annual grant process, we continue to be impressed by the determination of leaders and the teams of nonprofit organizations as they work tirelessly to support those in the community that are the most vulnerable. Whether it is helping to provide affordable housing or developing quality educational and training programs for children and adults, these nonprofits are providing much-needed services in our communities,” said Nitin Mhatre, CEO of First County Bank and president of First County Bank Foundation. “The bank’s board of directors, corporators and employees take pride in the annual support provided by the First County Bank Foundation and its alignment with the mission of First County Bank for 175 years.”
Established in 2001 in honor of the bank’s 150th anniversary, First County Bank Foundation was created to distribute funds annually to nonprofit organizations that support community and economic development, affordable housing, and programs that support educational enrichment for children and families. As a mutual bank with no shareholders, First County Bank considers grants made by the foundation a means of paying dividends back to the local communities it serves.
Headquartered in Stamford, Connecticut, for 175 years, First County Bank is an independent mutual community bank with 13 branches in Stamford, Norwalk, Darien, Greenwich, Fairfield, New Canaan, and Westport offering deposit products, mortgages, wealth management, business banking services and a full array of digital banking products. First County Bank has 200 employees, assets in excess of $2.3 billion.
