CNB Bank - Social Impact

Putting the "Community" into "Community Bank"

At CNB Bank we're passionate about our communities -- the places we live, work and love. We're proud to be community-focused and strongly believe in getting involved in a multitude of ways. Whether it's providing financial education to high school students, volunteering at community events, or coaching little league baseball, you'll find us totally involved and dedicated to making our communities amazing places to live.

One initiative we're proud to support is the Emily Whitehead Foundation.

Emily is the first child in the world to have her immune cells activated to fight cancer. This innovative approach to treating cancer is called CAR T-cell therapy. Today, Emily is more than nine years cancer-free!

The Foundation's mission is to Activate The Cure® for childhood cancer by raising awareness and funding for innovative childhood cancer treatments that are less toxic and more targeted, such as immunotherapy, and to support families fighting childhood cancer.

Learn more at https://emilywhiteheadfoundation.org/

Financial Literacy Efforts

The Corporation expanded its efforts surrounding its financial literacy outreach in 2022, conducting five Financial Reality Fairs in various regions throughout the footprint we serve. The fairs teach real-life budgeting skills to high school students, many of whom are in low-to-moderate income households. Our employees and community volunteers not only shared their real-life knowledge of budgeting, but also provided additional financial education after the events.

Conducted five Financial Reality Fairs
Eighty employees donated over 875 hours of volunteer time
Leveraged partnerships with thirty community organizations
Employees participated in 120 other financial literacy events ranging from basic community banking sessions to school presentations
A total of 1,219 volunteer hours can be attributed to the financial literacy program

Leadership Within Our Communities

The Corporation serves as a cornerstone institution of both financial support and community service in the markets in which we serve. We are committed to strengthening these communities through the active volunteering of our employees.

With the help of our employees, clients, community and vendors, CNB Bank is thrilled to have raised over $42,000 at our 12th annual Charity Golf Tournament, benefiting the American Cancer Society and Clearfield Area United Way. Since we first kicked off this annual event, we have raised nearly $288,000 for local charities. It is a wonderful opportunity to give back to our community, and we look forward to seeing everyone again next year!

CNB Bank Donation to American Cancer Society

Corporate Contributions

As of 2022, investments totaled approximately $8.0 million in affordable housing

Additional investment commitment of $1.0 million and $2.5 million invested in the Erie Downtown Development Corporation

BankOnWheels is a full-service, yet fully mobile bank branch, which enables the Bank to deliver essential banking services to communities with little or no access to such services today.

Participating in Bank On to provide consumers safe and affordable access to the mainstream financial system and help connect unbanked and underbanked people to these products

Provided $300,000 in Educational Improvement Tax Credit Program scholarships, and $24,500 in academic scholarships

Sponsored elementary and secondary banking curriculum materials donating $30,155 to provide 8,666 workbooks for students, along with teacher guides and complimentary digital programs

Our employees make a difference

CNB encourages and supports employees to make an impact in ways that inspire them, whether that is through volunteering, giving or empowering people and communities in need. Notably, during the Corporation’s “Take the Day On” initiative for the Martin Luther King, Jr. Day employees collected donations and delivered them to local organizations in need during this national day of service, which typically serves as a bank holiday.

60% of employees actively volunteered in 2022

In 2022, we supported 658+ organizations

Our employees donated
15,316 hours in 2022

In 2022, we donated approx. $987,000 to community organizations and events

Data is based on company records as of December 31, 2022.
Additional Information is available in the Annual 10-K report.
If your organization would like to request a donation, or if you have a sponsorship opportunity for us to consider, please first review our Donation Policy and submit your request to your local community office.
CNB Bank will make every effort to process your request in a timely manner. All organizations will be contacted regardless of approval or denial of your request. A decision to deny a request does not imply that the applicant's program is not needed or worthy, but simply that it does not fall within our giving guidelines, priorities, or that funds are not available.