History
The straightforward and you can honorable purpose of the latest coupons and loan is to invest reasonable yields to the deals opportunities in order to provide money getting lenders.
Throughout their background, the new traditions regarding Cumberland Federal Lender might have been characterized by all of our exceptional need to improve the society as well as customers. This mentioned focus is reflected about bank’s motto, “Loved ones Providing Nearest and dearest,” which is backed by its hope to “provide constantly increased economic services followed closely by solid help in regards to our home town.” It assistance is confirmed of the extreme society volunteerism because of the Bank’s panel and you can professionals and also by a corporate bundle that, for many years, has actually wanted in order to contribute 5% out of net income to local charity questions.
It is very important remember that in this federally chartered, shared bank’s 80-seasons background, the Panel out-of Directors continuously might have been including highly acknowledged community management.
An interest in the latest welfare of the community added the lending company so you’re able to the unselfish expectation out-of a significantly very important duty, the fresh place off Cumberland Federal Foundation. In 2006, Cumberland Federal Bank launched brand new organization of Cumberland Government Base which have a $500, endowment who would promote delivery so you can “a long-term heritage from charitable contributions.” Brand new purpose out-of Cumberland Government Base is always to originate and/otherwise help methods out of significant and you may lasting benefit to brand new Cumberland people.
Goal
The latest goal out-of Cumberland Government Lender is always to deliver the highest number of economic characteristics and to care for earnings getting went on gains. (more…)