First Resource Bank recently contributed $350,000 to over 50 local schools and organizations through Pennsylvania’s Educational Improvement Tax Credit (EITC) program. This significant donation underscores the Bank’s deep commitment to giving back to the communities it serves and its unwavering belief in the transformative power of education.

Since 2011, First Resource Bank has been a loyal supporter of local education initiatives, contributing over $2.5 million to schools and organizations through the EITC program. This year, members of the Bank’s team personally delivered the contributions, reflecting their shared pride in working for an organization that prioritizes educational advancement and community well-being.

Lauren Ranalli, Co-founder and CEO of First Resource Bank, stated, “We believe that investing in education is one of the most impactful ways to support our community’s future. Our commitment to the EITC program reflects our dedication to fostering educational opportunities and helping local schools and organizations thrive.”

The Pennsylvania EITC program encourages businesses to contribute to approved educational and scholarship organizations in exchange for tax credits. This initiative not only enhances access to vital educational resources but also fosters active collaboration between businesses and their communities.

By choosing to bank locally, customers directly contribute to the growth and prosperity of their neighborhoods. Local institutions like First Resource Bank reinvest in the communities they serve, promoting economic development, supporting local businesses, and enriching the lives of residents.

Learn more at First Resource Bank. First Resource Bank is a locally owned and operated Pennsylvania state-chartered bank with three full-service branches, serving the banking needs of businesses, professionals and individuals in the Delaware Valley. The Bank offers a full range of deposit and credit services with a high level of personalized service. First Resource Bank also offers a broad range of traditional financial services and products, competitively priced and delivered in a responsive manner to small businesses, professionals and residents in the local market.