The Bancorp Pledges $1 Million Donation Toward Watershed Conservation
17 Octobre 2023 - 10:05PM
Business Wire
The Bancorp Bank, N.A. (“Bank”), a wholly-owned subsidiary of
The Bancorp, Inc. (“Company”) (NASDAQ: TBBK) recently committed to
donating a total of $1 million to be distributed between three
distinguished watershed conservation organizations over the next
three years. In line with The Bancorp’s ongoing commitment to
environmental sustainability, the Bank partnered with The New York
Botanical Garden, Friends of The Big Sioux River, and the Delaware
Nature Society, to support their invaluable work.
“At The Bancorp, we recognize the importance of preserving our
watersheds and contributing to our communities,” said Damian
Kozlowski, The Bancorp President and Chief Executive Officer. “By
supporting these organizations, The Bancorp is taking a proactive
step toward ensuring the health and well-being of our ecosystem for
generations to come. I am humbled to create a meaningful
environmental impact, with a particular focus on waterway
conservation that directly influences the lives of our employees
and their communities.”
The organizations receiving donations are each located in close
proximity to three primary office locations of The Bancorp and
reach a large portion of its employee population.
The New York Botanical Garden, located in New York, New
York, is a champion of plant research and conservation. The
organization launched the Bronx River Watershed Health &
Resilience initiative to protect the native biodiversity and keep
the Bronx River healthy as it is New York City’s only freshwater
resource. New York Botanical Garden collaborates with other
conservation organizations and volunteers to improve the health of
the river and make a positive impact to its surrounding
communities.
Friends of the Big Sioux River, located in Sioux Falls,
South Dakota – the Bank’s headquarters, is dedicated to the
protection and restoration of the Big Sioux River, its watershed,
and improving the water quality through community education and
building a conservation outlook. The Big Sioux River is the largest
water resource for Sioux Falls and its surrounding communities.
Delaware Nature Society, with sites in Wilmington— the
Company’s headquarters, Hockessin, and Milford, Delaware, focuses
on the preservation of land, wildlife, and watersheds. Driven by
three main pillars, education, conservation, and advocacy, the
Delaware Nature Society concentrates its watershed preservation and
restoration on tributaries of the Delaware River. In tandem, its
wildlife and land preservation programs have a direct impact on the
water quality of the Christina River, the Mispillion River, the
Delaware River, and the neighboring areas.
“Our support of The New York Botanical Garden, Friends of The
Big Sioux River, and the Delaware Nature Society, extends beyond
environmental impact; we strive to offer our employees meaningful
opportunities for engagement,” continued Kozlowski. “The Green
Team, one of The Bancorp’s Employee Resource Groups, plays a key
role in fostering environmental friendliness throughout the Bank
and in our surrounding communities. These partnerships provide our
employees with avenues for hands-on volunteerism and
education.”
To learn more about The Bancorp, please visit
www.thebancorp.com.
About The Bancorp
The Bancorp, Inc. (NASDAQ: TBBK), through its subsidiary, The
Bancorp Bank, N.A., provides non-bank financial companies with the
people, processes, and technology to meet their unique banking
needs. With over 20 years of experience, The Bancorp delivers
partner-focused solutions paired with cutting-edge technology for
companies that range from entrepreneurial startups to Fortune 500
companies. Through its Fintech Solutions, Institutional Banking,
Commercial Lending, and Real Estate Bridge Lending businesses, The
Bancorp is the third-largest bank by asset in South Dakota, earning
recognition as the #1 issuer of prepaid cards in the U.S., a
nationwide provider of bridge financing for real estate capital
improvement plans, an SBA National Preferred Lender, a leading
provider of securities-backed lines of credit, and one of the few
bank-owned commercial vehicle leasing groups in the country. With a
company-wide commitment to excellence, The Bancorp is recognized as
the top-ranked publicly traded bank with assets between $5B-$50B by
Bank Director Magazine, a Readers’ Choice Top 50 Employer by Equal
Opportunity Magazine and was selected to be included in the S&P
Small Cap 600. For more about The Bancorp, visit
https://thebancorp.com/.
Source: The Bancorp, Inc.
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version on businesswire.com: https://www.businesswire.com/news/home/20231017574053/en/
Media Relations Rachel Brick, Director of Strategic
Communications (302) 385-5410 rbrick@thebancorp.com
Investor Relations Andres Viroslav, Director of Investor
Relations The Bancorp (215) 861-7990 aviroslav@thebancorp.com
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