Bryn Mawr, Pa., June 3, 2015 – Bryn Mawr Bank Corporation (NASDAQ: BMTC), (the “Corporation”), parent of The Bryn Mawr Trust Company (the “Bank”), today announced that it has received the FHLBank Pittsburg Pillars of the Community Award in recognition of the Bank’s commitment to community revitalization. The award is FHLBank’s highest organizational honor and is presented to select FHLBank members.
“It is truly an honor to receive this prestigious recognition from the FHLBank. As a community bank, we are committed to improving our communities every day and actively support lending programs to help our clients achieve their goal of affordable homeownership. Many people in the community can use a little help in acquiring their first home and we are proud to help them. Through our participation in the First Front Door program, we are able to provide down payment and closing cost assistance to qualified first-time homebuyers, which is very gratifying,” said Frank Leto, President and CEO of Bryn Mawr Trust.
Bryn Mawr Trust funded $3.24 million in low-cost loans in 2014, and nearly $13.0 million to date to support community projects and organizations. As part of the award, FHLBank presented a check on Bryn Mawr Trust’s behalf to Banker Industries Inc., a nonprofit work rehabilitation program for vulnerable adult populations.