Grants Mark Bankโs 20th Anniversary
Forty Businesses Receive $5,000 Each
Financial Education and Lending Advice Also Offered
US Metro Bank, led by President and CEO Dongil Kim, celebrated its 20th anniversary on June 4 by awarding grants to 40 local small businesses during a ceremony at its Wilshire headquarters in Los Angeles.
The bank distributed a total of $200,000 through its โGrow Togetherโ grant program, providing $5,000 to each selected business. The initiative, conducted in partnership with financial technology company Fiserv, was held for the second consecutive year and expanded from last yearโs funding level.
Applications were accepted through May 10, and more than 140 businesses applied for the grants.
โWe are proud to celebrate our 20th anniversary by providing a larger grant pool of $200,000 with Fiserv,โ Kim said. โThe strong response from local businesses reflects the need for programs that support small business growth.โ
Following the grant presentation, US Metro Bank hosted a lending and business development seminar for entrepreneurs. Participants received information on residential mortgages, commercial loans and SBA financing, and were able to meet one-on-one with banking professionals for personalized consultations.
Kim said the program was designed to provide practical financial assistance as well as educational resources for small business owners.
โOur goal is to help local businesses grow by offering both financial support and access to important banking information,โ he said. โWe plan to continue expanding community-focused programs in the future.โ
Neil Wilcox, Chief Social Responsibility Officer at Fiserv, praised the bankโs commitment to the community.
โWe are honored to be part of US Metro Bankโs meaningful 20-year journey of serving local communities,โ Wilcox said. โWe hope these resources help business owners grow, create jobs and strengthen the communities they serve.โ
The event highlighted US Metro Bankโs continued efforts to support small businesses, a sector widely viewed as a key driver of economic growth and job creation in Southern California.
