The most
important thing
we do is good.
our people, our communities, and beyond
through our Power of Good Corporate
Citizenship program.
The Power of Good
When First Bank started in 1935, our mission was simple: do good by our community.
As we’ve grown into a large regional bank, our philosophy of doing good has expanded to include all aspects of ESG, from financial wellness and inclusivity in education and housing, to innovative lending programs designed for community development.
For us, it’s always been about more than banking. Doing good is in our DNA, and after nearly 100 years, we’re expanding and evolving that powerful mission in everything we do with the Power of Good.
Key Impact Areas
Our Power of Good projects, programs, experiences, and relationships reflect the good we’re doing together with our communities.
Affordable Housing & Home Ownership
- $732 million of Affordable Housing Community Development loans since 2020, including:
- $170 million in Low-Income Housing Tax Credits loans
- 190 Loans for multifamily affordable housing developments
- $2.7 million in affordable housing grant funding secured for development partners from the Federal Home Loan Bank since 2020
- $350,000 in down payment assistance secured for first-time homebuyers from the Federal Home Loan Bank since 2020
- $72 million in loans for Habitat for Humanity homeowners since 2019
Innovative Educational Programs
At First Bank, we believe kids should learn how to manage money wisely and make informed financial decisions so they can enjoy a brighter financial future.
Through our active participation in the American Bankers Association’s Teach Children to Save efforts, our associates visit schools across the Carolinas to share valuable lessons in financial literacy with students from kindergarten through 12th grade.
In 2025, we dedicated more than 350 hours to providing financial education at nearly 170 schools, and First Bank donated more than $83,000 to local schools and nonprofits.
Mental, Physical & Financial Wellness
Food Scarcity & Supply
First Bank runs an annual Power of Good Food Drive, which has collected and donated more than 40,000lbs of food in its first two years.
Additionally, we support many local food banks and organizations combating food scarcity, including:
We’re committed to doing good for our employees, customers, and communities:
Governance Responsibility
Strong corporate governance policies ensure we do right by our customers, employees, and communities. We’ve structured the composition of our board, compensation and stock policies, and long-term incentives to reward ethical business practices.
Diversity & Inclusion
Established in 2020, the First Bank Diversity Council represents the ideas and concerns of our associates regarding Diversity and Inclusion, and works to align these efforts with Our Promise to Service Excellence.