Florida’s leading community bank focuses on ESG pillars to lift and inspire people, communities and organizations.
CORAL GABLES FL., April 19, 2022 — (GLOBE NEWSWIRE). Amerant Bank, the main subsidiary of, one the largest community banks in Florida. Amerant Bancorp Inc. (NASDAQ: AMTB)The 2021 Environmental, Social, and Governance Report was released by.
Amerant began to develop an ESG program last year. The goal was to identify risks as well as opportunities for sustainability improvement in the short and long-term.
We are pleased to share the new ESG framework with you and our sustainability report. Vice Chairman, President and CEO of Amerant Bank Jerry Plush. We did extensive research and listened to the perspectives of all stakeholders to determine priorities and establish measurable goals that will make a difference. ESG will be a part of Amerant’s DNA.
The banks ESG Report was created by surveying and vetting the perspectives from our employees, customers, and community members. This helped us to look at all aspects of our operation.
Amerant’s ESG framework, which is made up of key pillars, was developed through extensive research. These include:
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Empowering Our People to Shared SuccessAmerant Bank is committed to giving back to the communities it serves. This means that Amerant Bank has a diverse, talented and supported workforce that can provide the best customer service every day. Amerant was named a “Best Bank” in September 2021. Kristy Amaro, Chief Diversity & Integration Officer, is now in placeLater, he formed a cross-functional diversity ambassador group.
Amerants’ goals to increase representation of women in leadership positions and foster inclusion for underrepresented groups are aligned with its plans to create Team Member Resource Groups (TMGs) in 2022. The first group will be dedicated to Women in Finance.
Amerant is also actively seeking local employment partners through partnerships with government employment agencies and nonprofit partners. UniversitiesDiverse candidate pools and diverse selection groups will help to increase diversity in the hiring pool.
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Promoting Economic Mobility within Our CommunitiesAmerant’s commitment to supporting the underserved communities in its footprint grows with Amerant. These communities will receive loans in excess of $1B by the bank between 2021-2025. Amerant recognizes that knowledge is power and focuses on opportunities to increase financial literacy in the community. We believe that investing in financial health will lead to greater sustainable prosperity.
Amerant donated over $490,000. in charitable giving to South Florida and the Greater Houston areas in 2021 to support affordable housing, financial independence, health and social services for diverse populations.
Amerants Microgrant Programs in 2021 provided funding of nearly $70,000 to small businesses deserving, in recognition that small businesses are the heart of local economies.
In 2022, it will be earlier Amerant CoverMe was createdThe enables domestic consumer accounts up to $100 to overdraft without any fees. The fee for over $100 overdrafts was halved within a few days. Amerant wants to be a leader in the community banking sector.
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Climate resilience: BuildingAmerant understands that true change is about addressing the unique effects of climate change, environmental degradation, and driving sustainable outcomes and financial benefits. Its product teams are exploring innovative ways to offer investment opportunities and direct or indirect financing that is environmentally friendly. Amerant hopes to offer $1B in sustainable bank products by 2025. These products include specially rated loans for sustainable home improvement and investment partnerships with sustainable service providers.
Amerant added last year Stations for charging electric carsThese stations are provided at no cost to the headquarters. Additional car charging stations will be available at other locations, including the Miramar operation center which will open in 2022.
Amerant is working to reduce fossil fuel consumption in a variety of ways. They also have a plan to convert as quickly as possible to renewable energy in all facilities. TXU Energy presented Amerant a Leadership in Renewable Energy certificate in April 2022 for the purchase of 100% Certified Wind Renewable Energy Credits at six Amerant Banking Centers in Houston.
Plush added that the ESG framework we use creates value for all stakeholders, communities and the environment. With its comprehensive approach to sustainability, the program ensures a brighter tomorrow.
Visit: amerantbank.com/ESG.
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About Amerant Bank
Amerant Bank, N.A. is a major Florida community bank and main subsidiary Amerant Bancorp Inc. (NASDAQ : AMTB). It has 17 branches in South Florida and 7 in Houston. The bank has been serving clients in the United States for more than 40 years and includes subsidiaries Amerant Investments Amerant Mortgage. Amerant Bank is deeply involved in the communities it serves. They support many arts, charities, and non-profit organizations. Visit the website for news and updates. Amerant Newsroom.
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Victoria Verdeja
Amerant Bank
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