Business
GBank Financial Holdings Inc. Announces Bank of George Sponsored Nonprofit, SafeNest, Awarded $25,000 FHLBank San Francisco 2021 AHEAD Economic Development Grant
LAS VEGAS, Oct. 12, 2021 /PRNewswire/ -- GBank Financial Holdings Inc. ("GBank" or the "Company") (OTCQX: GBFH), the parent company for Bank of George (the
About this update from Gbank Financial Holdings Inc.
[{"type":"text","content":"LAS VEGAS, Oct. 12, 2021 /PRNewswire/ -- GBank Financial Holdings Inc. (\"GBank\" or the \"Company\") (OTCQX: GBFH), the parent company for Bank of George (the \"Bank\"), today announced Bank of George sponsored nonprofit, SafeNest, is the recipient of a $25,000 grant.\n\"I am pleased to report that our sponsored nonprofit, SafeNest, was awarded $25,000 in this year's FHLBank San Francisco AHEAD program,\" said T. Ryan Sullivan, President/CEO of GBank and Bank of George.\nThe grant provided by Federal Home Loan Bank of San Francisco is awarded to nonprofits through a competitive process that is available to their members. FHLBank San Francisco awarded $1.5 million in grants to 60 projects to boost economic development activity and promote financial stability in Arizona, California, and Nevada communities. \n\"Financial instability should not be the reason someone returns to an abusive domestic situation,\" said Marietta Núñez, Senior Vice President and Community Investment Officer at FHLBank San Francisco. \"We are proud to partner with our member, Bank of George, to enable SafeNest to offer direct financial assistance to clients who need a boost to stay safe and move forward with their lives.\"\nAbout SafeNest\nSafeNest is Nevada's largest and most comprehensive nonprofit dedicated to ending the epidemic of domestic violence in Clark County. Since opening its doors in 1977, SafeNest has answered over 500,000 hotline calls and sheltered over 25,000 individuals. Services include: 24/7/365 domestic violence hotline, PS417 mobile response, emergency shelter, counseling, court support, advocacy, and case management. For more information, visit www.SafeNest.org. For immediate help and support, call or text the 24/7 domestic violence hotline at 702-646-4981. \nAbout Federal Home Loan Bank of San Francisco\nFHLBank San Francisco is a member-driven cooperative helping local lenders in Arizona, California, and Nevada strengthen communities, create opportunity, and change lives for the better. The tools and resources we provide to our member financial institutions promote homeownership, expand access to quality housing, and boost economic development. AHEAD grants are awarded annually and delivered through the Bank's member financial institutions to local community organizations for projects and programs that benefit lower-income and unde...