15 May Making an Impact: First Federal Savings Bank Community Fund
During First Federal Savings Bank’s 100th anniversary celebration in 2012, CEO and President, Michael Zahn described his institution as “a community bank with a dedicated staff that understands the importance of civic responsibility.” With a culture centered around community service, First Federal created their Community Impact Fund in 2002, as a response to the Foundation’s GIFT V Initiative, a $1 for $1 matching program sponsored by the Lilly Endowment. During GIFT V, First Federal led the charge by challenging all Huntington County banks to match their contribution of $5,000. The challenge was a catalyst behind $42,000 being added to the Foundation’s Community Impact Fund.
Thirteen years later, First Federal jumped at the chance to help the Foundation complete GIFT VI, the most recent $1 for $1 Lilly Endowment matching program. In GIFT VI, First Federal supplied the final $26,000 to complete the available match. Currently over $2,500 in annual grants made from the First Federal Savings Bank Community Fund go to classroom education projects in all of our Huntington County schools.