At WesBanco, we believe that we are all responsible for the health and success of our communities. Our involvement extends beyond the bricks and mortar of our buildings into the community, through individual volunteerism and company-wide support for those in need of help. We’re proud of our commitment and service – we just don’t talk the talk of community involvement, we walk the walk. WesBanco employees donate personal and company time to organizations ranging from schools, churches and volunteer fire departments to youth organizations and even participate in charitable fundraisers.
During 2015, WesBanco employees reported a total of 8,608 volunteer hours to over 432 different schools and community organizations. This equates to approximately 1,076 eight hour work days, 215 forty hour work weeks or 4.1 years. You will often see WesBanco as a sponsor for local sports teams, as well as artistic, cultural and/or musical events. These include events at our local school districts, as well as those put on by or through other community groups. WesBanco has enjoyed a long and successful history of improving financial literacy within the communities it serves, by providing financial education to local school students. Some of these accomplishments include:
- In May of 2016, WesBanco received the America Saves Designation of Savings Excellence for Banks, a designation from America Saves that recognizes banks that went above and beyond to encourage people to save money during America Saves Week.
- For over a decade, WesBanco has been featured on the American Bankers Association’s (ABA) “Honor Roll” of banks participating in the national “Teach Children to Save” and “Get Smart About Credit” initiatives.
- In 2015, WesBanco employees devoted 580 hours participating in financial education services and events with 138 schools and youth service organizations. In providing these services, WesBanco participated in the following financial education initiatives: School Savings Program, Teach Children to Save, Financial Literacy Month, Get Smart About Credit and Junior Achievement and Accounting for Kids Day.
- WesBanco was one of nine banks nationwide selected for the inaugural Youth Savings Pilot Program, an initiative of the Federal Deposit Insurance Corporation (FDIC), which seeks to identify and highlight promising approaches to offering financial education tied to the opening of safe, low-cost savings accounts to school-aged children and youth.
- WesBanco enjoys an expanded partnership with the national “America Saves” financial education campaign, and two senior WesBanco officers serve on the America Saves Advisory Board. A WesBanco officer is also the founding member of the West Virginia Saves initiative.
Some other awards and honors from the last year are highlighted below:
- WesBanco community development efforts were once again recognized in 2015. Community Development staff recognition was received in the form of 2015 Council’s Award from the Federal Home Loan Bank (FHLBank) of Pittsburgh. Named in recognition of FHLBank Pittsburgh’s Affordable Housing Advisory Council, FHLBank’s annual Council’s Award provides special recognition to outstanding financial service professionals who have demonstrated superior professional commitment and community spirit.
- WesBanco is featured in the ABA’s “Banks in their Communities”, a publicly-available interactive map that showcases the corporate social responsibility programs of banks across the country. The database is comprised of entries from the ABA’s Community Commitment Award submissions. WesBanco has two of its programs included – the CRA Freedom Mortgage and CRA Freedom Home Improvement loan programs for low-and moderate-income persons and areas, and the New Markets Tax Credit loan program available through the WesBanco Bank Community Development Corporation.
WesBanco, Western Pa., also received the following awards from Junior Achievement:
- 2015 Leadership Circle Award that recognized us for combined contributions of financial and in-kind support throughout the year.
- 2015 Education Leadership Company Award for our continued efforts in providing volunteers for in school (classroom) JA activities.