First Internet Bank of Indiana was named 2007 Volunteer of the Year by Gleaners Food Bank of Indiana, Inc., for its work in the Share-A-Sack program benefiting senior citizens in Central Indiana. The volunteer team was comprised of employees of First IB as well as its vendors and business partners.
Share-A-Sack, also known as the Commodity Supplemental Food Program (CSFP), provides eligible seniors with approximately 40 pounds of food monthly plus nutritional education and resource stretching information. Seniors age 60 and above, who reside in Crawford, Daviess, Knox, Marion, Martin, Orange, Putnam, Rush and Vermillion counties and have incomes at or below 130% of poverty, are invited to enroll. Currently, 5,000 seniors can participate in this pilot program.
“At First IB, we feel it is important to give back to the community we serve,” said Laurinda Swank, SVP/CFO and the coordinator for Share-A-Sack participation at First IB. “Each month, senior citizens in Central Indiana with limited resources are forced to choose between paying for housing or buying groceries. By participating in the Share-A-Sack program through Gleaners, we hope to minimize that burden.”
Gleaners Food Bank of Indiana, Inc., a 501 (c) (3) not-for-profit, was founded in a 3-1/2 car garage in 1980 by a group of people concerned about the growing problem of hunger in Indianapolis. Early in 1981, Gleaners received a grant from the Lilly Endowment to network with Indiana communities that wanted to develop food banks. Today, nine food banks operate to provide food to charities that feed the hungry. As Gleaners enters its 27th year, the food bank has distributed more than 210 million pounds of food and critical grocery products to 400 Hunger Relief Charities that serve the people in need of emergency food assistance.
About First IB
With $541 million in assets, First Internet Bank of Indiana (First IB) is the first state-chartered, FDIC-insured institution to operate solely via the Internet and has customers in all 50 states. Services include checking accounts, regular and money market savings accounts with industry-leading interest rates, CDs, and IRAs. First IB also offers mortgages, credit cards, personal lines of credit, and installment loans. First IB is a wholly owned subsidiary of First Internet Bancorp (OTCBB: FIBP).