Cumberland Federal Bank try in the first place chartered for the 1934 since Cumberland Federal Discounts and Financing Organization

Cumberland Federal Bank try in the first place chartered for the 1934 since Cumberland Federal Discounts and Financing Organization

Background

The easy and you will respectable function of the new savings and you will mortgage try to invest fair output with the deals assets also to promote funds to possess lenders.

During the its records, the newest traditions out of Cumberland Government Financial could have been described as the outstanding want to help the society and its own customers. It mentioned attract is mirrored on the bank’s motto, “Family members Serving Family members,” that is backed by its vow to “give constantly enhanced financial functions with good support in regards to our hometown.” It support was confirmed by extreme society volunteerism by the Bank’s board and you may teams and also by a business plan that, for many years, keeps desired to help you give 5% out of net gain to help you regional charitable inquiries.

It is critical to observe that with this federally chartered, common bank’s 80-12 months history, the Panel of Administrators continuously could have been comprising highly respected people management.

An interest in new hobbies with the community led the bank in order to their unselfish expectation away from a critically extremely important obligation, the latest organization out-of Cumberland Federal Basis. Inside 2006, Cumberland Federal Bank launched brand new facilities from Cumberland Federal Basis with a beneficial $500, endowment who would bring birth to “a lasting legacy out-of charity contributions.” The new goal out of Cumberland Federal Basis should be to originate and/or help methods away from biggest and long-lasting benefit to the brand new Cumberland people. Weiterlesen