SimplyBank ends 2022 with $27,000 in donations

Dec. 15, 2022

SimplyBank closes out 2022 calendar year with $27,000 in new community donations

Rhea County-based bank issues 15 financial gifts in December to organizations supporting local needs 

DAYTON, Tenn. -- Nearly $30,000 in donations are being distributed to 15 key non-profit partner organizations across East Tennessee this month as locally-owned SimplyBank closes out 2022 by giving back.

The giving comes on the heels of nearly $11,000 in donations made to communities in North Georgia, where SimplyBank operates offices in Flintstone, Ringgold and Rossville, as well as the October announcement of a $35,000 matching gift to Rhea County Community Center [RC3] for the purchase and installation of HVAC at the center’s public gym.

For leaders at the independent, Rhea County-based community bank, giving campaigns underline what it means to be a good neighborhood partner.

“Doing good and supporting those who have supported us for more than 130 years is central to our identity and philosophy not just as a community bank, but as a local business operated by local people,” Cara Roberson, president at SimplyBank, said. “These communities aren’t just lines on a map to us. These are the cities and neighborhoods where we live, go to church, raise our families and intend to serve for many years to come.”

While SimplyBank supports goodwill and non-profit organizations throughout the year, this end-of-year push is especially crucial as many families grapple with the high costs of energy, fuel, groceries and the holidays, said Angela Patterson, Community Reinvestment Act and compliance officer at SimplyBank.

“Big picture economic factors are squeezing many folks’ budgets tighter than ever this year,” Patterson said. “We know the winter holiday season can introduce additional financial stress, so our hope is by helping the helpers, there is simply more to go around as we close out 2022.”

Donations are being distributed to the following community partner organizations:

• Helping Hands Community Food Pantry - Spring City, Tenn.
• United Way of Rhea County - Dayton/Spring City/Graysville,Tenn.
• WeCare - Dayton/Spring City/Graysville, Tenn.
• Rhea of Hope Mobile Food Pantry - Dayton, Tenn.
• Helping Hands Helping Hearts - Dayton, Tenn.
• Meigs Youth Center - Decatur, Tenn.
• Roane County Children’s Fund - Rockwood/Harriman, Tenn.
• Mid-East Community Action Center - Rockwood/Harriman, Tenn.
• Family Promise of Roane County - Rockwood/Harriman, Tenn.
• Boys and Girls Club - Benton/Ocoee, Tenn.
• West Polk County Baptist Food Pantry - Benton, Tenn.
• Launch Chattanooga - Chattanooga, Tenn.
• Family Promise of Greater Chattanooga - Chattanooga, Tenn.
• Forgotten Child Fund - Chattanooga, Tenn.
• Soddy-Daisy Food Bank - Soddy-Daisy, Tenn.

The end-of-year giving campaign will see donations distributed throughout the remainder of this month.

For more information about SimplyBank, visit www.simply.bank.

To find out more or to get information about applying for community reinvestment donations, contact Angela Patterson, CRA and Compliance Officer, at angela.patterson@simply.bank.

To have your up-to-$35,000 donation toward the purchase and installation of HVAC at Rhea County Community Center matched by SimplyBank, visit www.rc3dayton.com/support.

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About SimplyBank.

SimplyBank is a premier provider of community banking and financial services headquartered in Southeast Tennessee. Deeply-rooted with more than 130 years in operation, SimplyBank operates across nine East Tennessee and North Georgia counties, offering retail consumer and business banking solutions at 14 offices, including full-service branch locations in: Benton, Tenn.; Chattanooga, Tenn.; Cleveland, Tenn.; Dayton, Tenn.; Decatur, Tenn.; Flintstone, Ga.; Harriman, Tenn.; Ringgold, Ga.; Rockwood, Tenn.; Rossville, Ga.; Soddy-Daisy, Tenn.; Spring City, Tenn.; and south Dayton, Tenn. SimplyBank also operates a loan production office in downtown Chattanooga, Tenn. Pending FDIC and TDFI approval, a new full-service branch is scheduled to open in Knoxville, Tenn., in 2023. SimplyBank offers customers around-the-clock options at its convenient ATM locations and via the SimplyBank mobile banking application and online banking. Member FDIC and Equal Housing Lender. For more information, visit www.simply.bank.