U.S. Bank announces its second round of Community Possible grants, donating $11.2 million in Work grants to nonprofits across the country focused on workforce development, higher education, small business development and financial education. U.S. Bank’s Community Possible corporate giving and engagement platform focuses on economic development through three pillars – Work, Home and Play. Earlier this year, the bank donated $6.6 million in grants focused on Play.
To further its commitment to supporting work and small businesses, U.S. Bank is also introducing a new business referral program which connects small businesses who do not qualify for a loan product to a national network of Community Development Financial Institutions (CDFIs).