NCB Recognizes Four Employees for Outstanding Community Service

Washington, DC (May 20, 2008)
— NCB, known for providing creative financial solutions tailored to meet the needs of low- and moderate-income communities,  has proudly named four recipients for its annual NCB Community Service Award.  Created in 2004, the award recognizes employees of NCB Financial Group for their outstanding community service work to mission-related organizations in underserved areas in communities in which the Bank has offices.

“We feel it is important to recognize and support the ongoing commitments of our employees, who are devoted to bettering the communities where they work and reside,” said Charles E. Snyder, President and CEO of NCB. “In addition to the hard work and dedication our employees bring to the jobs they perform on behalf of the Bank’s customers, they take the time to give back to individuals and communities in need through various charities, and we are thrilled to support them in these efforts.”

The award recipients include two finalists and tworunners-up, whose individual charities were awarded donations to salute these dedicated volunteers.

The finalists, whose organizations each received a contribution of $1,500, were Sylvia Jackson, a Vice President for Investor Reporting and Credit Compliance working at the Bank’s Operation’s Center in Arlington, Virginia, and Scott Sporte, Managing Director of Innovative Community Lending for NCB’s nonprofit affiliate, NCB Capital Impact.  Mr. Sporte works in the Oakland, California office.

Ms. Jackson is a volunteer for Healthcare for the Homeless, an organization that provides comprehensive services to nearly 8,000 Maryland residents annually at clinics in Baltimore, Frederick and greater Montgomery County.  The organization supports and facilitates a full spectrum of services, delivered through interdisciplinary teams that are designed to meet the full range of needs presented by people who are homeless.

Mr. Sporte was honored for his work with multiple organizations including Lifelong Medical Care, an association that offers high-quality health and social services to underserved people of all ages, creates models of care for the elderly and people with disabilities and advocates for continuous improvements in the health of our communities; Northern California Community Loan Fund, a non-profit lender providing financing and expertise to strengthen low-income neighborhoods and enable disadvantaged people to build a better future; and Berkeley Pilgrimage Foundation, an organization that develops and manages housing serving low- and moderate-income seniors.

The runners-up, whose organizations each received a contribution of $1,000 were Arminta Torbett, the Hillsboro, Ohio Kroger Branch Manager, and Michael Nassy, Vice President for Underwriting in the Bank’s commercial real estate division located at the Operations Center.

Ms. Torbett serves on the Board of the Paint Valley Alcohol, Drug Addiction and Mental Health Services Board, an organization dedicated to meetingthe recovery needs of the people of Fayette, Highland, Pickaway, Pike and Ross Counties of Ohio by providing accessto quality and integrated services, empowering consumers and supporting innovative and evidence based approaches to treatment and prevention.

Mr. Nassy was recognized for his involvement with several associations, including the Washington, DC office of the Local Initiatives Support Connection (LISC), a program dedicated to helping nonprofit community development organizations transform distressed neighborhoods into healthy and sustainable communities of choice and opportunity; Best Friends Foundation, an organization striving to provide a nationwide network of programs that is dedicated to the physical and emotional well-being of adolescents; and INROADS, an organization that allows minority high school and college students to gain internships in the banking and finance industries.

In addition to these recipients, the committee also honored the other seven nominees with certificates and gifts.  These NCB employees are Debra Shoemaker, Melanie Hamilton, Migle Maciunskaite, Shannon Scott, Candace Baldwin, Charity Sack and Jay Marcus.

As a full-service financial institution, NCB provides term loans, lines of credit, commercial and residential mortgages, construction loans, lease financing, private placements and personal and business banking products. In addition, the Bank offers an array of other business banking products via its secure, online cash management platform, including Real Time Deposit, NCB’s remote deposit capture product allowing businesses to efficiently deposit checks via remote scanning services operated at the business’ location. The Bank is also a member of CDARS network, providing customers with a single source for FDIC insurance on CDs up to $50 million.

NCB means National Consumer Cooperative Bank, its subsidiaries and NCB Capital Impact, an affiliated non-profit corporation. Loans and technical assistance may be provided by NCB, NCB Capital Impact or NCB, FSB, all of which are Equal Housing Lenders.  NCB, FSB is a wholly-owned subsidiary of NCB.  Deposit products and services are provided by NCB, FSB, which is FDIC insured. Housing development services are offered through NCB and NCB Capital Impact’s jointly owned subsidiary, NCB Community Works, LLC.

NCB is dedicated to strengthening communities nationwide through the delivery of banking and financial services, complemented by a special focus on cooperative expansion and economic development. Headquartered in Washington, DC, NCB also has offices in Alaska, California, New York and Virginia. In addition, NCB has a growing community banking network in southwestern Ohio. To learn more about NCB, visit