AccessMyLibrary provides FREE access to over 30 million articles from top publications available through your library.

Community banks reach out to survivors of the tsunami.(ACB news)

Community Banker

| March 01, 2005 | COPYRIGHT 2005 American Bankers Association. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

Following the natural disaster that struck Southeast Asia on Dec. 26, 2004, MetroBank N.A., an $897 million-asset institution in Houston, took immediate steps to help with relief efforts.

"The earthquake and tsunami that struck South Asia with so much force has caused untold suffering in that region of the world," said George Lee, chief executive officer of MetroCorp Bancshares, the parent company of MetroBank. "As our bank has strong ties to Asia, we support the many communities in Houston and Dallas who feel compelled to make a significant contribution to this global relief effort."

Seventy-five percent of the bank's customers are Asian, and many bank employees and customers have relatives living in the affected areas.

"We decided to jump in and work with the Red Cross right away," Lee said. The bank's chairman, its president, and Lee joined forces to contribute $10,000 to a relief fund, which the bank matched dollar for dollar as part of its commitment to provide up to $50,000 in matching funds. At press time, the bank had raised roughly $35,000.

"Community outreach in times of extraordinary emergency is critical, and MetroBank is anxious to provide support for the relief effort in the best way we can," Lee said. MetroBank is also looking to provide funds to other organizations helping with tsunami relief.

MetroBank has targeted the majority of its fundraising efforts at the Asian community, making use of Asian newspapers and radio stations. Currently, the bank is beginning to air mainstream radio and TV public service announcement spots for the tsunami relief fund.

"We really want to sustain this program for the entire year. It's also made us think about the possibility of creating a special relief fund that would be ready to help in any international crisis," Lee said.

Related articles from newspapers, magazines, journals, and more
PSCU MAKES $50,000 DONATION TO HELP CREDIT UNIONS IN SOUTHEAST ASIA...
Newspaper article from: Cardline February 25, 2005 700+ words
...yesterday that the company had donated $50,000 to the World Council of Credit Unions' Tsunami Relief Fund to help rebuild credit unions in Southeast Asia that were either destroyed or damaged by the tsunami. "Credit unions are faced with a daunting...
Hanover Park village board creates relief fund.(News)
Newspaper article from: Daily Herald (Arlington Heights, IL) Diaz, Fernando January 7, 2005 700+ words
...Herald Staff Writer The Hanover Park village board on Thursday unanimously agreed to establish a relief fund for tsunami victims in Southeast Asia. Village Manager Marc Hummel said the village has taken similar steps in response to previous catastrophes...
International SOS Announces 'Northern Sumatra Relief Fund'; Funding Will Go to...
News wire article from: Canadian Corporate News January 6, 2005 700+ words
...establishment of the "Northern Sumatra Relief Fund" to aid victims of the tsunami disaster that struck Southeast Asia on December 26. The fund, which...information on how to contribute to the relief fund can be found on www.internationalsos...
ACE Limited Statement on the Tsunamis in Southeast Asia.
Press release article from: Business Wire December 30, 2004 700+ words
...earthquake and tsunamis that struck Southeast Asia: The earthquake and resulting tsunamis that struck Southeast Asia are a human tragedy of monumental...ACE has established the ACE Tsunami Relief Fund, to which employees around the world...
Plum Creek Donates $75,000 to Aid Victims in Southeast Asia.
Press release article from: Business Wire January 5, 2005 700+ words
...Foundation has donated $75,000 to support the relief efforts in Southeast Asia. The Foundation contributed $50,000 to CARE, one of...donated $25,000 to the Northwest Medical Teams Disaster Relief Fund. This organization is dispatching medical volunteers, including...
International Paper and Employees Donate $200,000 to Southeast Asia Relief...
Press release article from: PR Newswire December 30, 2004 700+ words
...its employees are donating $200,000 to relief efforts in Southeast Asia to help victims of the tsunamis that struck Asia and the...additional contributions made by employees to its Employee Relief Fund. (Logo: http://www.newscom.com/cgi-bin/prnh...
Lilly Provides Financial Support and Medicines for Tsunami Relief in Southeast...
Newspaper article from: PR Newswire Europe January 5, 2005 700+ words
...donate supplies of prescription medicines to tsunami relief in Southeast Asia. Lilly will provide US$2 million in immediate cash contributions...to the disaster -- The American Red Cross International Relief Fund, CARE and UNICEF. Lilly also will organize a global fund...
Gulf Coast Ike Relief Fund Continues to Seek Much-needed Donations; El Paso...
Newspaper article from: Energy Weekly News February 20, 2009 700+ words
...the Gulf Coast Ike Relief Fund continues to help meet...The Gulf Coast Ike Relief Fund continues to accept...online. Gulf Coast Ike Relief Fund c/o The Greater Houston...the tsunami victims in Southeast Asia. As of Jan.28, 2009...
For more facts and information, see all results
©2009 Gale, a part of Cengage Learning. All rights reserved.
About us | FAQs | Contact us | Privacy policy | Terms and conditions
Other Gale sites: Encyclopedia.com | HighBeam Research | Acquire Content | Books & Authors | Goliath | MovieRetriever | Smart QandA