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 over $93.6 million to more than 139,000 students. Bank-sponsored fundraisers are a tradition that foster a spirit of giving throughout the Bank. Each year, employees personally raise more than $100,000 through a variety of fundraising activities.
“Exchange Bank’s legacy includes a commitment to community support. Our employees embrace our culture of giving back, donating thousands of hours of their own time and talent year-round to fundraise and support local charities and nonprofit organizations,” said Troy Sanderson, president and CEO.
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.
Exchange Bank is an annual contributor to over 300+ local nonprofit and charitable organizations, including 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 provide support services, shelter, food and emergency care during flood and fire season. Other notable contributions include 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.
Exchange Bank is a 15-time winner of the North Bay Business Journal’s (NBBJ) Best Places to Work survey, a recipient of the 2020 North Bay Community Philanthropy Award and the 2020 Healthiest Companies in the North Bay Award. NorthBay biz magazine named Exchange Bank the 2020 Best Consumer Bank and Best Business Bank. The Petaluma People’s Choice Awards named Exchange Bank the Best Local bank and the North Bay Bohemian’s Best of 2020 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—retaining the #1 position in SBA 7(a) lending in Sonoma County for 2020.