On the Money: CFG Bank continues to give back

Happy Wednesday!

It has been a whirlwind past couple of days with a lot of big news, not the least of which of course being the guilty verdicts in the Derek Chauvin trial. Good luck to everyone on this Hump Day, and I hope you have a smooth and peaceful end to the week.

Moving onto the news, perhaps you saw last week I reported CFG Bank is spending $2 million on a workforce development initiative to help address health care staffing shortages. It's not the only donation the bank, owned by Baltimore businessman and philanthropist Jack Dwyer, has made recently.

CFG Bank donated $100,000 to Helping Up Mission to support the reopening of the nonprofit's emergency shelter program, Overnight Guest Services. The program was shut down in March 2020 due to the Covid-19 pandemic and is currently operating at 50%.

The contribution from CFG Bank allowed Helping Up Mission to make facility renovations, including changes to restrooms and the air-handling system.

In other CFG Bank news, the financial institution recently appointed two new members to its board of directors. Suhas R. Shah, founding partner of regional BPS & Associates LLC and Barb Clapp, CEO of Clapp Communications, joined the CFG board earlier this month.

From the Baltimore Business Journal: https://www.bizjournals.com/baltimore/news/2021/04/21/on-the-money-cfg-bank-gives-back-nba-player-ua.html

Holden Wilen

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