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S&T BANK HONORED WITH NATIONAL ABA FOUNDATION COMMUNITY COMMITMENT AWARD
Prnewswireยท 2025-10-14 20:18
Core Points - S&T Bank has been recognized as a recipient of the 2025 American Bankers Association (ABA) Foundation Community Commitment Award in the Supporting Military Families category [1] - The award will be presented during the ABA's Annual Convention on October 21 in Charlotte, North Carolina [1] Group 1: Award Significance - The ABA Community Commitment Awards recognize banks for extraordinary acts of service that support communities and local economies, setting a standard for community engagement in the U.S. [2] - Categories for this year's awards include affordable housing, community and economic development, financial education, financial inclusion, protecting older Americans, supporting military families, and volunteerism [2] Group 2: S&T Bank's Commitment - S&T Bank has a long-standing commitment to supporting military families, which began over 20 years ago [3] - The bank has developed various products, programs, and sponsorships aimed at aiding active-duty service members, veterans, and their families [3] - CEO Chris McComish emphasized the importance of this support as part of the bank's community focus [3] Group 3: Community Initiatives - S&T Bank has established an Employee Resource Group (ERG) called Stars and Stripes, consisting of over 70 team members dedicated to supporting military personnel and veterans [3] - The bank has made significant donations, including a $10,000 contribution to Pennsylvania Wounded Warriors, Inc. [4] - S&T Bank also supported the March of Dimes Military Baby Shower, which provided resources and support for expecting service members and their families [4] Group 4: Specialized Banking Services - S&T Bank offers the Armed Forces Checking Account, which is exclusively available to individuals with a valid military ID, providing complimentary services such as wire transfers and no monthly maintenance fees [5] Group 5: Company Overview - S&T Bancorp, Inc. is a $9.8 billion bank holding company headquartered in Indiana, Pennsylvania, and trades on NASDAQ under the symbol STBA [7] - S&T Bank operates in Pennsylvania and Ohio and was established in 1902 [7]