U.S. Bank to Receive Community Commitment Award

The ABA Foundation has recognized six banks for their outstanding commitment to their communities, including U.S. Bank for affordable housing.

The ABA Community Commitment Awards--to be presented on Oct. 23 during ABA’s Annual Convention in New York--are given in six categories to honor innovative, high-impact bank programs and projects that produce lasting results in the communities they serve. Categories are: affordable housing, community and economic development, economic inclusion, financial education, protecting older Americans and volunteerism. 

U.S. Bank, headquartered in Minneapolis, is being recognized for its American Dream Home Loans program. The program offers solid and ethically priced loans for low-to-moderate income borrowers to help them become homeowners. In 2017, nearly 700 households utilized this program to realize their dream of homeownership, resulting in nearly $48 million in mortgages helping to revitalize communities across the U.S. Bank footprint.

First National Bank of Omaha received honorable mention for affordable housing, and Wells Fargo Bank received honorable mention for economic inclusion. 

Read the Community Commitment Award press release.

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