Banks have been the cornerstone of communities for generations – it is a role we are proud to fill at U.S. Bank.
In 2016, we contributed $54.2 million to nonprofit organizations across the country through the U.S. Bank Foundation and corporate contributions.
We are fueled by a commitment to do the right thing, and that commitment has been recognized by organizations including the Ethisphere Institute, which has named us a World's Most Ethical Company three years in a row. Every dollar we pledge, every hour we volunteer and every step we take toward building stronger financial futures is an opportunity to establish trust and lay a foundation that leads to sustained, positive change. We call this approach Community Possible.
Community Possible is our corporate giving and volunteering platform focused on the areas of Work, Home and Play. We believe the building blocks that make our country great — a stable job, a home to call your own and a community connected through culture, arts, recreation and play — are at the heart of possibility for us all.
We introduced Community Possible to the country in 2016 by sending two U.S. Bank employees out on the road for a first-of- its-kind Community Possible Relay, complete with a coach bus we called "Big Blue." The team traveled 13,000 miles, visited 38 cities in 25 states, worked with thousands of U.S. Bank volunteers, 96 nonprofit organizations, and served 177,000 individuals through random and planned volunteerism efforts. Along the way, the team energized communities with their devotion to people and passion for discovering untapped potential. It was a visible, powerful movement.
Through Community Possible, our corporate social responsibility work includes philanthropic and business investments supporting economic development, workforce development and community development. Our corporate social responsibility work also includes our commitment to diversity and inclusion, financial education and environmental responsibility. And none of it is possible without our employees. We are proud to give back and to provide our employees with opportunities to do the same through paid time off to volunteer, matching gifts and our Dollars for Doing program. We encourage you to learn more about our corporate social responsibility efforts and impact.
There are over 73,000 of us working together every day to create sustained, positive change. We are proud to be a cornerstone of the community because we know our business is built on the foundation of trust, and that trust begins at Home, at Work and where we Play.
Andy Cecere is president and chief executive officer of U.S. Bancorp.
This letter was originally published in U.S. Bank’s 2016 Corporate Social Responsibility Report.