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The Merriam-Webster Dictionary defines “culture” as the beliefs, customers, arts, etc., of a particular society, group, place or time.
The MutualBank culture has always been one to support our community and particularly our local United Way agencies. You might be wondering “Why support the United Way?” or “Why not just support the non-profits directly?”
As a financial institution, we get asked for sponsorships and donations all throughout the year. There are many great causes in Indiana and especially within our footprint. Unfortunately, we cannot financially support each one of these efforts. Certainly we wish we could, but we cannot. It is because of this conundrum that we have a culture of supporting the United Way.
In short, United Way acts like a funnel for funds donated. It gathers and pools together as many of the resources that are available in the community. Then it takes a look at the areas of greatest need and distribute funds back out. While we are involved in our communities, we are not a non-profit who fills a void in the community. As economies change, so do the needs. As companies close, schools consolidate or demographics change, the needs in our community change. The United Way keeps a pulse on those changes, enabling opportunities for the needs of our direct community to be met.
MutualBank’s vision is to help people live better lives. We do that by helping our customers and communities receive banking products and services that align with their lifestyle. We help by living out our “Four C’s”: Character, Compassion, Class and Competition. But we also live out our vision by impacting the community around us in a positive way. In 2013, I think we did just that.
Across our footprint (Delaware, Elkhart, Grant, Kosciusko, Randolph, St. Joseph and Wabash counties), MutualBank is contributing $117,800 to the United Way! The donations came from MutualBank employee donations, MutualBank retiree donations and a donation through the MutualBank Charitable Foundation. This shows through each individual donation, we can come together with one purpose of helping people. Just like the United Way, we can join efforts to make brighter headlines and lasting impact.
A special “Thank You” to MutualBank employees from Pat Botts,
MutualBank President and COO:
“I am consistently amazed at the generosity our staff shows towards people who need us. Thanks for making this a great place to call home!”
Thank you for believing in the MutualBank culture of helping people live better lives. Thank you for being generous with your time and resources so that we can make a lasting impact on the communities where we work, live and play.
(From L to R): MutualBank Senior Vice President and United Way Campaign Chair, Chris Caldwell and CEO and Executive Director of the United Way of Delaware County, Jenni Marsh.
Winston Churchill said:
“We make a living by what we get, but we make a life by what we give.”
Giving is the spirit of MutualBank. We have four values which guide how we do business: Character, Compassion, Class and Competition. MutualBank has had a long standing history of giving back to the communities we live and work in, but our Jeans Day program goes beyond a company gift. It’s an opportunity for MutualBank employees to ‘make a life’.
Inevitably when you talk with someone who runs a nonprofit, they always say their greatest need is money. Our Outreach Committee found a way to meet the greatest need of the local nonprofits while giving our employees the opportunity to make a difference. The Outreach Committee decided to incorporate a monthly "Jeans Day". Jeans days occur on the last Friday of the month and it costs an employee at least $5.00 to participate. The benefit to the employee is that they get to wear jeans to work. Bankers are typically traditional and conservative, so this is a step outside the box! The benefit to our community; however, is greater than we imagined.
A bank of our size, $1.4 billion, typically has a plan for sponsorships and certain organizations they support year after year. The best part about the Jeans Days is that the beneficiary of the funds, for each of the counties we serve (Delaware, Randolph, Grant, Wabash, Kosciusko, Elkhart, St. Joseph counties) are local to each county. Some months, the funds go to a national effort, like the American Red Cross, but the funds stay local in each of the communities we serve. Other months, the funds are given to different nonprofits who serve a certain segment of our community footprint. Either way, the funds, with the exception of one Jeans Day in 2012, stay in the county in which they were raised.
The one month I am referencing when funds did not stay in the counties we serve was in March 2012. In early spring, there was a horrible tornado in Southern Indiana, near Henryville, that leveled the town. It was one of the most devastating natural disasters our state has seen. As a result, we had an “Emergency Jeans Day” to help our fellow Hoosiers in their time of need. Proceeds from this effort went to the American Red Cross to aid those Hoosiers in need.
We believe by giving our employees the opportunity to show compassion, we are helping them ‘make a life’. We are proud of our employees and the impact they have on the communities we serve. It is our pleasure to share that in 2012, our employees have helped over 20 different organizations raising $14,264.03!