LISC Indianapolis Receives $25,000 Grant from First Financial Bank
October 31, 2012
INDIANAPOLIS – Today, the Local Initiatives Support Corporation (LISC) Indianapolis is the recipient of a $25,000 grant from First Financial Bank. With this gift, the Bank looks to aid in the support and growth of the local Center for Working Families initiative.
As LISC Indianapolis moves forward in their continuous efforts to positively impact those living in low and moderate-income neighborhoods, the grant from First Financial Bank will be allocated to the Centers for Working Families—the LISC-operated program that works directly with individuals. The Centers for Working Families model uses an integrated approach to foster new economic opportunities by bundling services such as employment, training, financial coaching and income support to help its 2,500 clients reach financial stability. With a goal of creating neighborhood-based, one-stop resource centers that assist local residents in achieving financial independence, the Centers for Working Families has grown its reach to seven Indianapolis neighborhood sites since launching in 2007.
“Indianapolis LISC is very excited to partner with First Financial to help low-income neighbors connect to jobs and grow their incomes and assets through the Centers for Working Families,” said William Taft, executive director of LISC Indianapolis. “First Financial Bank’s contribution supports the great work of the community centers that help families achieve these powerful financial changes in their own neighborhoods.”
“Financial literacy is a key part of our community development approach and we are proud to support programs that help build strong neighborhoods and position local families for greater success,” said Claude Davis, First Financial’s president and CEO. “These Centers will play an important role in guiding local residents towards a successful and meaningful financial future.”
As one of the largest community banks in Indianapolis, First Financial Bank is committed to giving back to the communities they serve with gifts focused on financial education, economic development and neighborhood development.
LISC Indianapolis is the local office of a national organization and is in its 20th year of mobilizing national and local support to develop leadership, affordable housing, commercial facilities, businesses and jobs in low-income neighborhoods. Through partnerships with existing neighborhood organizations, LISC Indianapolis has invested $134 million and leveraged additional investment of more than $612 million in projects and programs across Indianapolis.
LISC combines corporate, government and philanthropic resources to help nonprofit community development corporations revitalize distressed neighborhoods. Since 1980, LISC has raised $11.1 billion to build or rehab 277,000 affordable homes and develop 44 million square feet of retail, community and educational space nationwide. LISC support has leveraged nearly $33.9 billion in total development activity. For more information, visit www.lisc.org.
About First Financial Bancorp
First Financial Bancorp is a Cincinnati, Ohio based bank holding company. As of September 30, 2012, the Company had $6.2 billion in assets, $3.9 billion in loans, $4.9 billion in deposits and $716 million in shareholders’ equity. The Company’s subsidiary, First Financial Bank, N.A., founded in 1863, provides banking and financial services products through its three lines of business: commercial, retail and wealth management. The commercial and retail units provide traditional banking services to business and consumer clients. First Financial Wealth Management provides wealth planning, portfolio management, trust and estate, brokerage and retirement plan services and had approximately $2.4 billion in assets under management as of September 30, 2012. The Company’s strategic operating markets are located in Ohio, Indiana and Kentucky where it operates 122 banking centers. Additional information about the Company, including its products, services and banking locations is available at www.bankatfirst.com