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Features
admin, on
March 14, 2012
First National Bank helps finance Northside’s success

 

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Above: First National Bank CEO Vincent J. Delie presents NSLC’s Gloria Rayman with a checke for $300,000.

Another serious financial commitment was made to the Northside this week when First National Bank pledged $300,000 to the Northside Leadership Conference on Tuesday.

“Our investment helps drive continued success in the exceptional revitalization that is occurring in the neighborhoods of the city’s Northside. We’re very pleased to support theses efforts,” said Vincent J. Delie, Jr., CEO of First National Bank, who noted the company’s deep roots in the Northside community.

First National will contribute $50,000 annually to the NSLC, which will allow them to implement revitalization strategies in business districts throughout the Northside.

NSLC Board President Gloria Rayman called First National a “strong and willing partner”

The check was presented at the Modern Café on Western Avenue, a street whose revitalization Rayman noted was largely financed through First National Bank.

First National provided a loan that helped pay for the $1.7 million reconstruction of Western Avenue’s sidewalks, curbs, trees and utility relocations.

As well as board members from the NSLC and First National, representatives from Mayor Luke Ravenstahl’s office and state representative Jake Wheatley’s office were also in attendance.

First National partnered with the NSLC under the Neighborhood Partnership Program, which encourages the collaboration of corporations and community development funds using tax credits as incentives.

First National is the second bank to partner with the NSLC this month. First Niagara also pledged $300,000 over the course of six years and presented the check to the NSLC last Thursday.

 The NSLC is also partnered with H.J. Heinz Co., The Pittsburgh Steelers, Huntington Bank and E&O Partners, making First National their sixth corporate partner through the NPP program. 

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