Howard Bank Surprises Employees with $12,000 to Spend towards Dinner or Food at Local Restaurants and Grocery Stores
BALTIMORE, MD, April 17, 2020 – In an effort to support restaurants and grocery stores in the Baltimore region, Howard Bank announced today that it will be giving each of its 240 employees an extra $50 towards buying dinner or groceries locally.
Howard Bank, a locally headquartered community-focused commercial bank serving businesses, professionals and individuals, developed the idea as the pandemic has taken a toll on local restaurants and small businesses.
In a thank you video message from Chairman and CEO, Mary Ann Scully, and President, Rob Kunisch, employees and their families were encouraged to use the funds to have “Dinner on Us” this coming Friday, April 17th by supporting their favorite local restaurant’s takeout services or sourcing dinner ingredients from their local grocer.
“First and foremost, we are focused on our employees’ and customers’ health both physically, and emotionally. Our colleagues have put in incredible hours to service their clients and it’s time for us to serve them. But, now more than ever these businesses in our region need our support,” said Mary Ann Scully, Chairman and CEO of the bank. “Dinner on Us is a gesture that shows we care about our employees in a way that also supports the local businesses that have kept our economy moving during better times.”
This is one of the latest efforts by Howard Bank to support small and medium-sized businesses since Gov. Larry Hogan closed non-essential businesses on March 23.
As of last week, Howard ranked as the No. 1 bank in total loans in the Baltimore region under the Paycheck Protection Program, and No. 3 in total dollars, according to the Small Business Administration’s Baltimore District Office.
The Paycheck Protection Program, or PPP, is part of an effort by the federal government to help small businesses survive the coronavirus pandemic. It was included in the Coronavirus Aid, Relief and Economic Security Act and passed on March 27. The PPP will inject $349 billion in loans to help small businesses survive the crisis with loans that are designed to be forgivable.
On April 8, Howard also announced that it is committing more than $100,000 to organizations in Greater Baltimore as part of its COVID-19 Relief efforts.
The organization that will receive the grants are:
The bank will also donate $5,000 to purchase face shields that will be distributed to help hospital staff treating patients with COVID-19.
Howard Bank recently partnered with WBAL NewsRadio, 98 Rock, and WBAL-TV 11, to launch the Operation: Shop Local program. The program supports small businesses in the Baltimore region during the pandemic. Operation: Shop Local enables local small business owners to submit a direct link to their “non-essential” company’s website so consumers can purchase gift cards to be redeemed at a later date.