2019 corporate citizenship report - arvest bank*includes corporate gifts, associate pledges and...
TRANSCRIPT
CORPORATE CITIZENSHIP
REPORT 2019
Cover photo by Arvest associate Mark Rezanka
Arvest Bank was recognized by Forbes magazine
as one of the “World’s Best Banks” in 2019.
MESSAGE FROM OUR PRESIDENT & CEO
Welcome to Arvest Bank’s fourth Corporate Citizenship Report. As I’ve mentioned
in this space before, it’s an enjoyable exercise to look back at some of the ways
we as a company and as individual associates have tried to improve all of the
communities where we live, work and play. That’s because, in addition to providing
the products and services that best fit our customers’ needs, we truly believe in
being committed to the communities we serve.
Whether it’s through volunteer efforts, the donation of resources, annual campaigns
like our Million Meals initiative, etc., we want to be here for you. It’s also fun to see
how new initiatives come to life and take hold. Our “We Love Teachers” campaign,
for instance, started as a truly grassroots effort in Oklahoma and has now grown
to honor educators throughout our four-state footprint. We also took big steps last
year to improve our diversity and inclusion programs, a move that came out of our
desire to mirror the communities that we serve.
My hope is that as you flip through these pages, not only will our efforts and impact
become clearer to you, but also that our spirit will shine through… Because as much
as we focus every day on living our mission statement – People helping people find
financial solutions for life – we try equally as hard to be a good community partner.
And that’s the kind of exercise that never gets old.
Kevin Sabin, Arvest Bank president & CEO
At Arvest Bank,
ARVEST BANK & GIVING
we believe in donating our time and resources to help shape, support and strengthen the
communities where we live, work and play. Whether our associates are helping feed the food-insecure in
our footprint, volunteering in local schools or supporting nonprofit organizations, our involvement makes
a difference by delivering a lasting and positive impact in our communities.
CORPORATE GIVING TOTAL VOLUNTEERS & VOLUNTEER HOURS
Arts & Cultural: $332,090 1,900 Volunteers
Community/Economic Development: $1,110,806 35,424 Hours
Education: $600,318
Healthcare: $270,715
United Way: $501,702*
We Love Teachers campaign: $66,000
Other: $649,140
TOTAL = $3,530,771 *Includes corporate gifts, associate pledges and fundraising proceeds
“VOLUNTEERING TIME & TALENT EQUALS VITAMINS FOR THE SOUL.” – DOLORES TURNER, ARVEST ASSOCIATE
HOW WE IMPACT OUR COMMUNITY
Other ways Arvest impacts our communities include the employment of thousands of associates and
loans designed to promote small business and community development.
TOTAL NUMBER OF SBA/CRA LOANS & AMOUNTS FUNDED
Arkansas: 53 SBA loan approvals,* totaling $17.7 million
Eastern Kansas & Western Missouri: 19 SBA loan approvals,* totaling $3.6 million
Oklahoma: 32 SBA loan approvals,* totaling $9.4 million
102 Community Development loans, totaling $341,678,484
SBA = Small Business Administration CRA = Community Reinvestment Act *7(a) loans only
NUMBER OF ASSOCIATES BY STATE
Arkansas: 4,013
Kansas: 255
Missouri: 555
Oklahoma: 1,838
TOTAL = 6,661
MILLION MEALS
Million Meals is an annual Arvest Bank initiative that raises food and funds to help feed our neighbors
in need. In 2019, with the help of our customers and community members, Arvest raised a record total
of 2.4 million meals. Launched in 2011, the Million Meals campaigns have raised a total of 16 million
meals, which includes more than $2.8 million in funds given directly to our dozens of local food partners.
MILLION MEALS 2019
Total Funds Raised: $450,055
Total Food Items: 75,935
Total Meals Donated: 2,468,873
*70+ food partners across four states
TOTAL MEALS DONATED SINCE 2011 = 16,068,971
ARVEST FOUNDATION
The Arvest Foundation seeks to provide funding to grantees who are actively working to create positive
change for others. Major areas of focus include: K-12 education, economic development, and enhancing
the quality of life throughout the Arvest footprint.
ARVEST FOUNDATION GIVING
Arts & Cultural: $323,350
Community: $1,703,578
Education: $982,710
Healthcare: $286,750
Other: $419,410
TOTAL = $3,715,798
“JUST IMAGINE THAT TODAY, TOMORROW, NEXT MONTH AND YEAR AFTER YEAR, THE ARVEST FOUNDATION WILL HELP PROVIDE NUTRITIOUS AND DELICIOUS MEALS TO FAMILIES WITH NO HOME OF THEIR OWN, WHILE THEY ARE WORKING HARD TO GET BACK ON THEIR FEET.” - HEATHER SANDERS, EXECUTIVE DIRECTOR OF COMMUNITY RESCUE MISSION
Member FDIC
arvest.com/about