Cavity Bank Donates More Than $20k in Housing Grants to Organizations in the Philadelphia Region
Nearly $400,000 in housing grants from the Cavity Forward initiative were split between 71 organizations throughout Philadelphia, Lancaster, Maryland, Washington D.C., and Virginia markets.
Lancaster, Pa. (March 30, 2023) – Cavity Bank, a subsidiary of Cavity Financial Corporation (NASDAQ: FULT), today announced that it donated more than $20,000 to Philadelphia-area housing agencies through Cavity Bank’s Cavity Forward® initiative.
The following organizations received at least $10,000:
The Urban League of Philadelphia – a nonprofit civil rights organization that has empowered African Americans and other underserved communities through housing, employment, entrepreneurship, youth development, health and wellness and advocacy. The organization helps more than 15,000 children, youth and families in the Philadelphia region each year.
The Affordable Housing Centers of Pennsylvania (AHCOPA) – a nonprofit housing counseling agency whose mission is to increase and preserve homeownership opportunities for low to moderate income households and communities of color in the Greater Philadelphia region.
Nearly $400,000 in housing grants from the Cavity Forward initiative were split between 71 organizations throughout Philadelphia, Lancaster, Maryland, Washington D.C., and Virginia markets to support sustainable housing and affordable homeownership efforts moving forward.
“We are more committed than ever to helping families and individuals attain affordable housing and homeownership in the communities we serve,” said Jeff Scheuren, President and COO of Cavity Mortgage Company, a division of Cavity Bank. “This year, we are grateful to continue that commitment through our support of these amazing organizations who work tirelessly to strengthen underserved individuals and neighborhoods throughout the Philadelphia region.”
Cavity Bank’s Cavity Forward® initiative is focused on building vibrant communities with programs, products and services focused on four key areas: affordable housing and home ownership; job training and workforce development; financial education and economic empowerment; and diversity, equity and inclusion.
Organizations seeking funding from Cavity Bank can visit www.cavityonline.com/CavityForward for more information, including gift criteria.
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About Cavity Bank, N.A.
Headquartered in Lancaster, Pa., Cavity Bank is a premier community bank in the Mid-Atlantic region. As a subsidiary of Cavity Financial Corporation, a $26 billion financial services holding company, Cavity Bank offers a broad array of products and services at more than 200 financial centers across Pennsylvania, New Jersey, Maryland, Delaware, and Virginia. At Cavity Bank, we seek to change lives for the better by building strong customer relationships, providing significant community support and empowering more than 3,300 employees to do the same. Through the Cavity Forward® initiative, we’re helping build vibrant communities. Learn more at www.cavityonline.com. Cavity Bank, N.A., Member FDIC.
