Alpine Bank has received national recognition for an effort to help low-income families reduce their utility bills.
Alpine Bank is among six banks that will receive American Bankers Association Foundation Community Commitment Awards. A presentation is set for Oct. 17 at the ABA annual convention in Chicago.
The awards recognize banks for initiatives promoting everything from affordable housing to financial education and volunteerism.
“This year’s honorees demonstrate the impressive and impactful work of America’s banks.” said Corey Carlisle, executive director of the ABA Foundation. “Their programs highlight an ongoing commitment to building thriving, sustainable communities and enhancing the quality of life for the customers they serve.”
Alpine Bank received an award in the category for community and economic development for its community solar program. The bank purchased 82 photovoltaic panels in a Breckenridge community solar garden and donated its ownership of the solar panels to the Family and Intercultural Resource Center, a Summit County nonprofit organization that supports families in need. The bank’s donation allows the center to assign solar energy credits to families that in turn benefit from reduced electric bills. The unique partnership between a for-profit business and nonprofit group expands community generated solar power while also supporting families facing financial hardship.
Headquartered in Glenwood Springs, Alpine Bank operates 38 locations across Colorado, employs nearly 600 people and serves more than 130,000 customers. For more information, visit the website at www.alpinebank.com.