A tradition of giving and community involvement.
Exchange Bank has been serving the local community since 1890, not only through trusted banking and financial services, but also through charitable giving. Exchange Bank differs from national and regional banks by focusing 100% of its charitable giving on the community it serves. In 2016, Exchange Bank and its employees contributed over $665,000 to the community. 50.44% of the Bank’s cash dividends goes to the Doyle Trust which funds the Doyle Scholarship at Santa Rosa Junior College. Since 1948, the Doyle Scholarship Fund has provided $83 million to over 127,000 students. Bank-sponsored fundraisers are a tradition that foster a spirit of giving throughout the Bank. In 2016, employees personally raised over $145,000 through a variety of fundraising activities.
“Giving back to the community is part of our legacy—it’s our mission and a part of Exchange Bank’s culture,” said Gary Hartwick, President and CEO. “Our employees demonstrate their commitment to the community through thousands of volunteer hours each year.” Employees are active in the community, rolling up their sleeves for National Rebuilding Day—a volunteer effort to revitalize the houses of low-income homeowners in the community, and through their work with Independent Teen City, a program that helps prepare foster youth for independent living.
For the past 23 years, the Volunteer Center of Sonoma County has named Exchange Bank the corporate champion in their division for raising the most monies for the Human Race. Exchange Bank provides employees paid time off to participate in Bank-sponsored fundraising events such as United Way’s Day of Caring, a community revitalization project, the American Cancer Society’s Relay for Life, and the Leukemia and Lymphoma Society’s Light the Night Walk. Employees are also given time to serve on boards of local non-profits and share leadership talents to benefit the community.
Exchange Bank received the North Bay Business Journal’s 2016 Healthiest Companies in the North Bay award and was the first financial institution in Sonoma County to become a “HeartSafe” business, installing Automated External Defibrillators (AEDs) at most Exchange Bank locations and training employees in CPR.
Exchange Bank made the first Lead Challenge gift to kick-off the SRJC 100th Anniversary Campaign in 2016. Other notable contributions include a multi-year commitment to the Saralee Kunde Barn at the Sonoma County Fairgrounds, continued annual support for the Redwood Empire Food Bank, and Social Advocates for Youth (SAY). For the past 3 years, Exchange Bank has funded The Reinking Scholarship Program at Montgomery High School, providing two scholarships a year. In total, Exchange Bank contributes to over 300 charitable organizations and non-profits each year.