Florida Banking April 2022

KUDOS

company only two months before 2020 pandemic lockdown orders took effect, he adapted quickly to become an integral member of the team, both knowledgeable and committed to serving his internal and external clients exceptionally well during a challenging time. The bank relied on his sharpened skills, keen sense of urgency and tireless work ethic to help power its efforts to support its clients through the pandemic, most notably via its Paycheck Protection Program offering. The Mountain Mover and Fire Starter are two of four top honors conferred at Star Summit.

Capital City Bank, Continued from page 25

initiatives, a function she performs with well-honed skills of analysis and organization. In addition to her technical skills, she is diplomatic, good-humored, and good-natured as she guides her fellow team members, not to mention painstaking in her efforts to ensure the best outcomes for her projects, teams, and the company. This combination of traits allows her to win the respect and friendship of her fellow bankers while driving essential progress and necessary results. The Fire Starter is awarded to a relatively new associate who has risen to success quickly with tangible results. Though Hinds began with the

Wells Fargo Donates $20 Million to Strengthen Small Businesses in Miami-Dade County

W ells Fargo announced a $20 million grant to The Miami Foundation, the nonprofit’s largest grant received to date, to help historically disadvantaged small business owners own more of their businesses’ assets and improve technology to better serve customers. The Miami Foundation plans to use the funding to support diverse small businesses and nonprofits through a combination of capital and technical assistance.

The donation comes from Wells Fargo’s Open for Business Fund, a roughly $420 million national small business recovery effort with a focus on racially and ethnically diverse small business owners, who have been disproportionately affected by the pandemic. The fund was created from the gross processing fees that Wells Fargo received from Paycheck Protection Program loans made in 2020. Wells Fargo donated funds to Community Development Financial Institutions (CDFIs) and local nonprofits across the nation. “Fostering an inclusive economic recovery and helping small businesses sustain themselves and grow in the wake of Covid-19 is a priority for us,” said Charlie Scharf, Wells Fargo’s CEO. “As a company, we have a commitment to make the communities where we operate stronger, and to do it at a very local level.” “Minority-led small businesses and nonprofits are vital to the strength of our region,” said Rebecca Fishman Lipsey, president and CEO of The Miami Foundation. “This is a transformational investment

(From Left) Miami-Dade County Mayor Daniella Levine Cava, City of Miami Commission Chair Christine King, City of Miami Mayor Francis Suarez, Wells Fargo CEO Charlie Scharf, The Miami Foundation CEO/President Rebeca Fishman Lipsey, New Century Dance Company Owner and Artistic Director Alexandra Sliva.

from Wells Fargo that builds upon the Foundation’s commitment to racial equity. It will help create generational wealth and support a stable future for diverse small businesses as we work to foster a strong, equitable, and thriving Greater Miami, which is at the core of our Foundation’s mission.” The Miami Foundation will leverage its relationships with community stakeholders and small business development organizations to conduct outreach and provide funding to small businesses and nonprofits in Miami-Dade County. The Foundation will also convene a diverse advisory council to help inform strategic program design and disbursement of capital.

26 — FLORIDA BANKING THE VOICE OF FLORIDA BANKING