Fulton Bank releases Corporate Social Responsibility Report

Fulton Bank, which has branches throughout the Greater Lehigh Valley, has released its 2023 Corporate Social Responsibility Report.

According to the bank it made $270 million in community development investments in 2023 to help bolster the regional economy.

It also had $120 million in Small Business Administration loan originations from 2022-2023

The bank said it also invested in the community through its foundation.

The Fulton Forward Foundation, an independent, nonprofit private foundation funded by Fulton, awards Impact Grants of $20,000 or more to 501(c)3 community organizations that share Fulton’s vision of advancing economic empowerment, especially in underserved communities.

A total of $9.99 million in charitable donations were made in 2022-2023, including $4.75 million contributed to the Fulton Forward Foundation

“Our values are reflected in our commitment to customers, employees, communities, the environment and responsible governance,” said Curt Myers, chair and CEO of Fulton Bank in a statement. “Over our 142-year history, we’ve learned that the best way to ensure our own

success is to support others’ success. We’re a purpose-driven community bank that seeks to change lives for the better.”

The bank also made $187 million in mortgage loans to low- to moderate-income buyers from 2022-2023

Employees were also active in the bank’s efforts with 12,800 employee volunteer hours during 2023.

The 2023 report also introduced Fulton’s first Stakeholder Perspectives Assessment, which identified what issues are most important to internal and external stakeholders, as well as the bank’s Human Rights Statement, Supplier Code of Conduct and Environmental Sustainability Statement.

Among its efforts were committing to the environment.

To be more sustainable, Fulton said it transitioned to the use of pens made of recycled materials. This simple change supports Fulton’s journey toward a greener and more environmentally responsible future, Myers said.

Fulton also promoted ethical standards for suppliers through the Supplier Code of Conduct, which focuses on integrity, transparency, governance, diversity, sustainability and social responsibility.

In 2023, Fulton’s Sourcing and Procurement organization launched its webpage for supplier diversity.

Fulton said it is endeavoring to foster connections with a diverse range of suppliers.

To date, Fulton has worked with 49 diverse suppliers with more than $3.6 million in total spending. Organizations seeking funding from Fulton Bank can visit www.FultonBank.com/FultonForward for more information, including gift criteria.

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