January 5, 2009

Community Investment Program & Policy

Areas of Focus | Giving Guidelines | How to Apply

Our Mission



The mission of Centrix Bank is to provide high-quality financial products and services to small to medium-sized businesses, professionals and individuals in the community at fair and competitive prices, while delivering a meaningful value to its shareholders.

Our Commitment to Community



We believe the Bank is a product of the communities we serve. We are committed to strategically reinvesting in the communities where we have facilities, recognizing their health and well being are critically important for our employees and their families, our customers, our shareholders and the citizens of New Hampshire.

We conduct our business by embracing the values of respect, commitment, creativity, and good communications. We believe in building and sustaining long term relationships with our customers and are dedicated to “going above and beyond” in all that we do.

We carry these corporate values and philosophy into our charitable giving efforts, recognizing that every initiative to which we contribute or in which we become involved is an opportunity to make our communities better places to live and work. Regardless of how we are involved with an organization, we want to become an active partner, not just a source of funds.

We provide support to nonprofit organizations and programs in a variety of ways including donations, sponsorships, and volunteer involvement. In addition, we are active participants in various CDFA programs and the New Hampshire Bar Foundation’s IOLTA program.

Because we are a relatively young, mid-size bank positioned in a market where significant numbers of worthy nonprofit agencies and programs regularly seek financial support, we regretfully acknowledge we cannot contribute to or become involved in every opportunity which comes before us.

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Areas of Focus



United Way



Because of our inability to contribute to all worthy causes, we are committed to supporting United Ways in the communities in which we have branches. We believe United Ways serve as critical community-based organizations, identifying community needs and providing funding for a network of agencies which offer services to a diverse group of individuals and families.

Our corporate commitment to United Way is directed to the Heritage United Way, whose service area encompasses our home office as well as several of our branches. We encourage and support employee campaigns throughout our bank network, offering payroll deduction to our employees and proudly displaying the United Way flag.

Other Areas of Focus



In addition to our support for United Ways, we believe we are successful in our charitable involvement efforts when we focus our giving to organizations and programs that:


  • Impact/improve the lives of low income individuals and/or at-risk or disadvantaged children.

  • Provide basic housing, technical assistance and support to individuals and families.



We generally do not contribute to:


  • Endowments

  • Capital campaigns

  • Individuals

  • Local chapters of national organizations

  • Political organizations

  • Religious organizations

  • Foundations

  • Fraternal organizations

  • Organizations which discriminate in any way

  • Trips, tours or transportation

  • Organizations to which we have contributed in the previous 12 months (except for United Way)



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Giving Guidelines



Corporate Giving



Our corporate philanthropic efforts are accomplished through the development of “Signature” and “Non-Signature” programs.

Signature programs: We strive to leverage our contributed dollars. Annually, we will target no more than five organizations (in addition to United Ways) to which we will donate up to $5,000 and possibly, encourage our employees to volunteer. We want to be proactive in supporting a select group of organizations whose values and areas of focus are consistent with ours and where our involvement will be meaningful and celebrated. Use of our logo as part of the recognition of our partnership may be expected.

Non-Signature programs: Organizations may apply for up to $1,000 to support programs within our areas of focus.

Due to the demand for support, Centrix does not typically make awards to the same organization over successive years. Multi-year commitments will be considered if the case for support is strong and the financial request is warranted.

Any applicant must have a nonprofit 501 (c) 3 status, a minimum of two years of direct service experience in New Hampshire and be able to describe and/or document measurable outcomes or results for the program for which support is requested.

Sponsorships



Corporate sponsorships will be viewed as an effort to effectively position the Bank to our current and potential customers. Sponsorships will be limited to those nonprofit organizations located in markets in which we have banking facilities. Requests for sponsorships up to $1,000 will be considered, with priority given to those agencies serving the needs outlined in our Areas of Focus, and judged by the Bank to have meaningful impact on the communities we serve.

Note: Because Centrix receives so many requests to sponsor local sports teams, decisions regarding such sponsorships will be at the discretion of the senior officer in each market in which we have a facility.

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How To Apply



If you believe your organization or program fits our giving criteria, please send your written proposal to:

Dawn Foster
CIP Coordinator
Centrix Bank
1 Atwood Lane
Bedford, NH 03110
Fax: (603) 647-2434

For charitable contributions, please limit your proposal to two pages. We prefer direct, straightforward proposals and requests without significant amounts of support material. We want to understand your mission, your goals, how the money you are requesting will be used and how many people will be impacted. Please attach a one page project budget and proof of your 501 (c) 3 tax exempt status to your proposal. Finally, include a contact name and number if we have any questions.

For sponsorships, please provide evidence of how your request fits our sponsorship guidelines.

Deadlines: None

Notification: We generally will respond in writing within 30 days of your written request. Please do not call to check on the status of your proposal.
Member FDIC | Equal Housing Lender