Corporate Social Responsibility

Grant Funding Outline for 2023

Our top priorities for giving grants and donations to Community Based Organizations (CBOs) are to fund activities that: ensure community members have access to a safe and affordable place to call home, create and provide economic development opportunities and create initiatives that bring financial education to our communities to prepare people for healthier financial lives.  

Grant Program: As part of our commitment to serving our communities, Atlantic Union Bank is proud to offer grants on a quarterly basis to qualifying organizations. 

Funding Priorities: Serving our neighbors with financial education and economic empowerment is essential to the commitment we have to our communities. Therefore, our funding priorities are programs that serve historically excluded communities, focus on financial education, workforce development, and safe and affordable housing. 

Who can apply?

Any Community Based Organization serving areas within the Atlantic Union Bank footprint (see if you’re in an Atlantic Union Bank service area) is eligible to apply for grant funding. Typical grant awards range from $2,000 to $20,000. Note: most first-year grant awards are between $2,000 and $5,000.  

When are applications accepted?

Applications are accepted on a quarterly basis and award decisions are made early into the next quarter.

Reporting requirements

For Community Based Organizations awarded funding above $2000 – Atlantic Union Bank requires a funding impact report 60 days after the anticipated project end date. 

Please note in order to remove reporting related barriers to grant seeking organizations, Atlantic Union Bank will accept standardized impact reports created for multiple funders, annual reports accompanied by a brief explanation of use of Atlantic Union Bank funds, and other reporting types as individually needed.

Upcoming Dates

Applications will be reviewed on a quarterly basis. Please see the table below for timelines and note that 4th quarter applications will close on December 1st in order to be awarded before year end.

Application & Awards Dates

Apply for a Grant

Atlantic Union Bank is proud to support community based organizations through event donations. This includes: 

• Local fundraising events. 

• Philanthropically-centered events where we can all come together, celebrate and make a difference in our local communities.

Local Event Donation requests are processed on a rolling basis, funded at the local level, and may take 4 to 6 weeks for a response from the date of submission. If you have an event that you’re interested in us considering, please click on the link below and share more information.    

In addition to corporate giving, our teammates are encouraged to give their time through volunteerism. All full-time teammates are allocated 16 hours each year to participate in volunteer efforts in schools and local organizations, support charitable initiatives or get involved in fundraisers. Part-time teammates are eligible for 8 hours each year.

We also encourage our teammates to consider donating to a cause of their choice. In doing so, Atlantic Union Bank pledges to match charitable gifts up to $500 per teammate. To inspire teammates to give even more, in 2022 on “Giving Tuesday,” Atlantic Union Bank provided each teammate with $25 to a cause they were passionate about.

In 2022, Atlantic Union Bank teammates donated 6,466 volunteer hours to their communities. This included:

To ensure equal engagement across our footprint, Atlantic Union Bank has recently launched a new program: Volunteer Ambassadors. 

• Each ambassador covers a geographic area and is responsible for deepening engagement with community-based organizations in their designated zone. 

• To find out who the best point of contact to request volunteers please contact CommunityDevelopment@atlanticunionbank.com.

Financial education and wellness continue to be an important priority and community commitment to us. 

We partner with Banzai, an online financial literacy resource, to bring financial education into classrooms and communities we serve. Other tools we use to support financial wellness include our Solutions Banking Program, SavvyMoney and we offer several financial calculators that help with understanding finances and managing towards goals. 

Since 2018, Atlantic Union Bank has reached over 13,300 students, 273 educators, and 181 schools have been sponsored. Atlantic Union Bank is smart about business. But supporting financial education is more than good business—it's about giving back. It's about giving people a gift that will last forever.

Whether buying a home, planning for college, maintaining a budget or teaching your children the basics of managing money, we provide resources to help educate you on financial wellness and guide you to a healthier financial life.

Learn more by visiting the Banzai website.