State Bank & Trust of North Dakota and Minnesota has the motto “Giving back to the community we serve” and has been heavily involved in the Fargo and Moorhead area.
At the annual holiday party last weekend the bank pledged $1,000 to full time employees and $500 to part time employees and asked that they give it to someone in need.
This is on top of the annual 5% Christmas bonus. Taking care of their employees and community, that’s a company I could recruit for.
Once an employee has a recipient they will fill out a form of intent and bring it to human resources. The only stipulation with the initiative is that employees don’t use the funds on themselves, their families or families of other bank employees.
Employees may select an individual cause, pool their money for a larger project or collaborate with donors outside of the bank.
The bank has 500+ employees and each was asked to submit a video by June 30th documenting what has been done.
This is part of State Bank and Trust’s $502,000 "Pay it Forward" initiative.
How cool is that?
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