Records
The simple and honorable function of the brand new coupons and financing is actually to expend fair returns towards deals financial investments and also to bring money to possess mortgage brokers.
Throughout their record, the fresh new culture away from Cumberland Federal Financial might have been described as all of our exceptional want to increase the people and its own citizens. Which mentioned focus is mirrored in the bank’s slogan, “Nearest and dearest Serving Members of the family,” which is backed by their promise so you can “provide continuously increased financial attributes accompanied by strong assistance in regards to our hometown.” This support try evidenced from the tall community volunteerism of the Bank’s board and you can team and also by a corporate plan one to, for decades, possess looked for so you’re able to give 5% away from net income to help you local charitable inquiries.
It is critical to observe that in this federally chartered, common bank’s 80-12 months records, its Panel regarding Directors continuously has been comprising extremely acknowledged community leadership.
An interest in the new passion on the neighborhood added the lending company in order to their unselfish expectation from a critically extremely important obligation, new establishment off Cumberland Government Base. During the 2006, Cumberland Government Financial announced this new establishment out-of Cumberland Federal Foundation having a beneficial $five hundred, endowment who render delivery to help you “a lasting legacy from charitable benefits.” The new purpose regarding Cumberland Federal Base is to try to originate and you will/otherwise help systems out-of significant and you can long-lasting benefit to the newest Cumberland community. Continue reading Cumberland Government Bank is originally chartered within the 1934 since Cumberland Government Coupons and you can Loan Connection