ABC Community Impact
Nonprofit banking designed to give back. A banking solution built to support your mission.
NONPROFIT BANKING, DESIGNED TO GIVE BACK
A banking solution built to support your mission.
Our purpose is to empower communities. We believe nonprofits deserve banking that works as hard as they do. Helping your nonprofit make a bigger impact in our communities.
How it Works:
- A 501(c)* opens a Community Impact Checking account with ABC Bank. Minimum opening deposit of $100.00.
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Your deposits make a difference- supporting a local bank that reinvests in and serves nonprofit organizations and the communities they impact. Each year as a thank you, ABC will contribute 1% back to your account based on the average ledger balances of eligible deposit accounts.
- The ABC Community Impact program is more than financial support. We want to be your dedicated bank partner that can provide resources with volunteers, economic insight, and event spaces.
*American Bank of Commerce reserves the right to determine whether the organization qualifies based upon the aforementioned annual contributions parameters.
**Distribution of the nonprofit contribution takes place in the first quarter for the previous year’s balances, with all payouts being paid by check. Contributions are calculated based on annual average ledger balances. To receive annual contributions, the beneficiary’s account must be open at the time of the payout.
This is not a full disclosure of services and charges. Full disclosure is provided upon account opening. Account service fee waived; other fees may apply.
