FULTON BANK RELEASES 2024 CORPORATE SOCIAL RESPONSIBILITY REPORT

Rhea-AI Summary

Fulton Bank (NASDAQ: FULT) has published its 2024 Corporate Social Responsibility Report titled 'From Values to Value', showcasing its commitment to stakeholder value creation. The bank reported significant community investments including $303 million in community development, $220 million in mortgage loans to low-moderate income buyers (2023-2024), and $135 million in SBA loan originations. Notable achievements include $11.7 million in charitable donations, over 11,000 employee volunteer hours in 2024, and an 'Outstanding' rating in Community Reinvestment Act performance. The report emphasizes Fulton's focus on digital capabilities, financial literacy, environmental sustainability, employee engagement, and responsible governance practices.

Positive

• Achieved 'Outstanding' rating in Community Reinvestment Act performance evaluation
• Substantial community investments totaling $303 million in 2024
• Strong commitment to low-income mortgage lending with $220 million in loans (2023-2024)
• Significant SBA loan originations of $135 million (2023-2024)
• Notable charitable contributions of $11.7 million over 2023-2024

Negative

• None.

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"From Values to Value" highlights how Fulton serves its stakeholders

LANCASTER, Pa., June 10, 2025 /PRNewswire/ -- Fulton Bank, a subsidiary of Fulton Financial Corporation (NASDAQ: FULT), has released its 2024 Corporate Social Responsibility Report, highlighting how the bank's commitment to its values translates into value for stakeholders.

"Our purpose is to change lives for the better," said Curt Myers, Chairman and Chief Executive Officer of Fulton Bank. "We do that by working together to serve all our stakeholders, including our customers, colleagues, the communities where we operate, the shareholders who invest in our company, and those who work to ensure the security and accessibility of financial services."

Fulton Bank works to translate values into value by:

• Providing customers with expanded digital capabilities to complement the bank's personalized service;
• Volunteering in the community to teach financial literacy and job skills, as well as financing the redevelopment of properties to provide vital services;
• Protecting the environment by working to minimize consumption of resources and support customers' sustainability journeys;
• Engaging employees with a strong corporate culture, valuable professional development opportunities and an inclusive and respectful workplace;
• Displaying responsible governance through diligent risk management and mitigation, steadfast adherence to ethical conduct and a dedication to fair and responsible banking.

Among the many metrics included in the report, Fulton Bank provided:

• $303 million in community development investments in 2024
• $220 million in mortgage loans to low- to moderate-income buyers from 2023-2024
• $135 million in Small Business Administration loan originations from 2023-2024
• $11.7 million in charitable donations in 2023-2024, including $6.5 million contributed to the Fulton Forward Foundation
• 11,000+ employee volunteer hours during 2024

In 2024, Fulton Bank earned an overall rating of "Outstanding" in its Community Reinvestment Act performance evaluation by the Office of the Comptroller of the Currency. The evaluation assessed Fulton's record of meeting the credit needs of the communities it serves, including low- and moderate-income neighborhoods. It included lending, investment and service tests.

Learn more in Fulton Bank's 2024 Corporate Social Responsibility Report.

About Fulton Bank, N.A.
Headquartered in Lancaster, Pa., Fulton Bank is a premier community bank in the Mid-Atlantic region. As a subsidiary of Fulton Financial Corporation, a more than $30 billion financial services holding company, Fulton Bank offers a broad array of products and services at more than 200 financial centers across Pennsylvania, New Jersey, Maryland, Delaware, and Virginia. At Fulton Bank, we seek to change lives for the better by building strong customer relationships, providing significant community support and empowering more than 3,400 employees to do the same. Through the Fulton Forward^® initiative, we're helping build vibrant communities. Learn more at www.FultonBank.com. Fulton Bank, N.A., Member FDIC. Equal Housing Lender.

Contact:	Steve Trapnell
	(717) 291-2739

 

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SOURCE Fulton Bank, NA

FAQ

What are the key highlights of Fulton Bank's (FULT) 2024 Corporate Social Responsibility Report?

The report highlights $303M in community development investments, $220M in low-income mortgage loans, $135M in SBA loans, $11.7M in charitable donations, and 11,000+ employee volunteer hours. The bank also received an 'Outstanding' CRA rating.

How much did Fulton Bank (FULT) invest in community development in 2024?

Fulton Bank invested $303 million in community development during 2024.

What was Fulton Bank's (FULT) Community Reinvestment Act rating in 2024?

Fulton Bank earned an 'Outstanding' rating in its Community Reinvestment Act performance evaluation by the Office of the Comptroller of the Currency in 2024.

How much did Fulton Bank (FULT) contribute to charitable causes in 2023-2024?

Fulton Bank contributed $11.7 million in charitable donations during 2023-2024, including $6.5 million to the Fulton Forward Foundation.

What was the value of Fulton Bank's (FULT) mortgage loans to low-income buyers in 2023-2024?

Fulton Bank provided $220 million in mortgage loans to low- to moderate-income buyers during 2023-2024.