First Bank donates foreclosure in H.P.
The business journal of Winston Salem reports on a bank with a heart. Why can’t each and every lender in each and every state do what First Bank did? First Bank donated a house to a non profit organization. The house will go to a low or moderate income family that otherwise couldn’t afford a house. While this wont extinguish the glut of foreclosed properties, it will certainly help families in need. That’s what life is about, isn’t it?
First Bank donates foreclosure in H.P.
The Business Journal of the Greater Triad Area
First Bank has donated a foreclosed home in High Point to the nonprofit group SHARE of North Carolina, according to an announcement.
The home will go to a low- or moderate-income family, the announcement said.
SHARE stands for “self-help and rewarded efforts,” and the group provides education, training and affordable housing in High Point. The organization was founded in 2001.
Jerry Ocheltree, CEO of the Troy-based First Bank, said SHARE is a good partner for the bank’s philanthropic efforts.
“By joining together with SHARE of North Carolina, one neighbor to another, we can make a difference in the lives of a family by giving them security, support and hope for a brighter future,” he said.