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Community Rewards Program Increased to $75,000 in Response to Tax Changes

Community Rewards Program Increased to $75,000 in Response to Tax Changes

Gulf Coast Bank & Trust Company CEO & President Guy T. Williams announced a 50% increase in funds to be given away in its Community Rewards Program – an annual online contest hosted by Gulf Coast Bank that awards funds to the top 10 nonprofit organizations voted on by the community.

Williams said, “This year we are increasing the amount to be given away in our Community Rewards Program from $50,000 to $75,000 in response to the tax reform bill and because we want to help our local nonprofits even more.”

Since the program launch in 2013, Gulf Coast Bank’s Community Rewards Program has awarded $250,000 to various local nonprofits. The Gulf Coast Bank Community Rewards program is open to any 501(c)(3) nonprofit in one of the following parishes: East Baton Rouge, Jefferson, Orleans, St. Bernard, St. Tammany and Tangipahoa. Last year’s recipients included East Louisiana Kairos Outside, Mount Carmel Academy, Lake Forest Charter School, Cat Haven, Truth in Nature, The Emerge Center, Open Arms Community Center, Metairie Humane, No One Fights Alone, and Academy of Our Lady High School.

Participants can register Monday, February 5 – Wednesday, February 28 at COMMUNITYREWARDS.COM. Voting will take place Monday, March 5 – Thursday, March 29. Winners will be invited to a celebratory breakfast.

Gulf Coast Bank has also raised its minimum wage to $12.00 dollars per hour effective Monday, January 8, 2018. This increase gives the bank one of the highest starting salaries for unskilled workers in the state.

With over $1.6 billion in assets, Louisiana-based Gulf Coast Bank & Trust Company serves its business and personal banking clients through its branches, loan production offices, trust and investment offices and business credit offices. It also offers business credit nationally through Gulf Coast Business Credit. Gulf Coast Bank & Trust Company has 19 branch locations across Southeast Louisiana and more than 45 total locations in 12 other states.

Article Posted On: January 04, 2018 - By: Michael Luke

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