A tradition of giving and community involvement.
Exchange Bank Community Support – Redwood Empire Food Bank
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 investing 100% of its charitable giving in the communities it serves in Sonoma County and Roseville (Placer County). In addition, 50.44% of the Bank’s cash dividends go to the Doyle Trust which funds the Doyle Scholarship at Santa Rosa Junior College. Since 1948, the Doyle Scholarship Fund has provided $86 million to over 132,000 students. Bank-sponsored fundraisers are a tradition that foster a spirit of giving throughout the Bank. In 2018, employees personally raised over $125,000 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.”
For the past 25 years, the Volunteer Center of Sonoma County has named Exchange Bank the corporate fundraising champion for the Human Race. Exchange Bank provides employees paid time off to participate in a long list of community and non-profit events: Teen City, Rebuilding Together, United Way’s Day of Caring, 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.
In response to the 2017 wildfires, Exchange Bank donated over $100,000 to local non-profit organizations supporting fire relief and recovery. This included the Redwood Empire Food Bank, the American Red Cross, Ceres Community Project, the Volunteer Center of Sonoma County and the Sonoma Humane Society—all of whom provided support services, shelter, food and emergency care for thousands of evacuees, including our animal friends who fell victim to the fires. In addition, Exchange Bank contributed $50,000 to the Exchange Bank Foundation fund to support employees who lost their home in the fires. Other notable contributions include continued annual support for the Santa Rosa Junior College Foundation, the Saralee Kunde Barn at the Sonoma County Fairgrounds, Social Advocates for Youth (SAY), the Boys & Girls Clubs of Sonoma County, the Luther Burbank Center for the Arts, the Santa Rosa Symphony, the Petaluma Educational Foundation, the Santa Rosa Community Health Clinic and the Transcendence Theatre Company. In total, Exchange Bank contributes to over 300 charitable organizations and non-profits each year. In 2018, Exchange Bank donated $785,000 to local nonprofit, charitable and civic organizations.
“Exchange Bank is honored to be named Best Business Bank by NorthBay biz magazine,” said Gary Hartwick. “It’s rewarding and humbling to be recognized by the community for our contributions.”
Exchange Bank is a 14-time winner of the North Bay Business Journal’s (NBBJ) Best Places to Work survey, a recipient of the 2018 North Bay Community Philanthropy Award and the 2018 Healthiest Companies in the North Bay Award. NorthBay biz magazine named Exchange Bank the 2018 Best Consumer Bank and Gold Medal Winner for Best Business Bank. The North Bay Bohemian’s Best of 2018 Readers Poll named Exchange Bank the Best Business Bank and Best Consumer Bank. Exchange Bank can also be found in the NBBJ’s Book of Lists as a leading lender and wealth management advisor—claiming the #1 position in SBA 7(a) lending in Sonoma County for 2018.