Community Reinvestment Act

At First Independent Bank, striving to help the vibrant and diverse communities we serve sustain a high quality of life and long-term economic growth is an integral part of our business culture.

To advance economic growth, we believe every community should have access to quality education, safe and affordable housing, job opportunities, transportation and health care. First Independent Bank takes great pride in our proactive and consistent lending and investments, grants and donations to underserved communities, low- and moderate-income individuals, and the nonprofits that serve them.

Our commitment to growing Northern Nevada’s nonprofit base is an essential value for First Independent Bank. Members of our team actively support nonprofit organizations in the Reno, Sparks, Carson City and Fallon communities, often serving on multiple boards and committees.

In addition, our Charitable Contributions Program helps 501(c)(3) nonprofit organizations that provide services and support in low- or moderate-income areas. First Independent Bank primarily focuses on organizations and programs that provide:

• Affordable Housing for low- or moderate-income individuals
• Community services targeted to low- or moderate-income individuals
• Education for low-income and at-risk students
• Economic Development
• Revitalization or stabilization of low- or moderate-income areas
• Human Services
• Cultural and Artistic Enrichment in underserved communities

If you are interested in applying for a charitable donation, please contact your banker or contact [email protected].

Through Western Alliance Bank, First Independent Bank has access to the Federal Home Loan Bank (FHLB) community investment grant program. We work with not-for-profits and the FHLB to grant down payment assistance for low-to-moderate income families. Learn more about the grant programs offered by the Federal Home Loan Bank at www.fhlbsf.com.

First Independent Bank offers Individual Development Accounts (IDAs) to help qualified individuals grow their savings to purchase a home, business, or pay for college courses. Account holders pay no fees, and their funds are typically matched by a sponsoring nonprofit organization.