BHG Financial Encourages Community Banks To Join $5,000 Charity Giveaway

In a notable initiative to celebrate Community Banking Month this April, BHG Financial (BHG) has unveiled an opportunity for community banks across the United States to support local charities. These banks are invited to participate in a drawing, with the potential to win a $5,000 donation for distribution among one or more local 501(c)(3) organizations. The gesture aims to underscore the pivotal role community banks play in nurturing local economies and fostering communal well-being.

Interested community banks can register for the drawing via a dedicated charity giveaway website, with no purchase necessary to enter. The selection of the winning entry will be conducted randomly from all submissions received by April 30, 2024, with the announcement slated for May 2, 2024.

Meghan Crawford-Hamlin, President of BHG’s Institutional Division, emphasized the company's commitment to philanthropy, stating, "At BHG, giving is an integral part of the company’s identity." She highlighted that 'leading with love' is a core value at BHG, manifesting through acts of generosity and compassion that strengthen community bonds.

Statistics from the Independent Community Bankers of America® reveal that nearly 50,000 community bank locations exist nationwide, employing close to 700,000 Americans. These institutions are often the sole banking presence in one-third of U.S. counties. Through this $5,000 giveaway, BHG aims to spotlight the indispensable contribution of local banks to their communities.

"Community banks are engines of growth for local business and caretakers of financial security for everyone they serve," Crawford-Hamlin added. The initiative during Community Banking Month is intended to bolster support for these vital institutions.

For nearly 25 years, BHG has been a steadfast supporter of community banks across all 50 states, aiding them in generating over $1.4 billion in interest income since its inception in 2001. Approximately 35% of U.S. community banks have partnered with BHG Financial for various financial services including investment management and revenue enhancement.

BHG's philanthropic efforts extend beyond its partnerships with community banks. The company actively supports national causes such as the United Way and the American Heart Association, alongside numerous localized charitable projects. This reflects BHG's deep-rooted belief in giving back and serving the communities where its employees live and work.

About BHG Financial: A leading provider of financial solutions to professionals and financial institutions since 2001, BHG Financial has facilitated over $18.5 billion in loans. Known for its customizable financing options and personalized service, BHG stands out in the financial services sector. It also offers high-quality assets to over 1,600 national banks through its Institutional Network. Headquartered in Fort Lauderdale, FL, and Syracuse, NY, BHG Financial rebranded from Bankers Healthcare Group in 2021 to reflect its growth and expanding service offerings. For more details on BHG Financial's initiatives and services, visit their website.