FORT WORTH, TX, July 1, 2022 /PRNewswire/ — Colonial Savings, the annual FA Volunteer Challenge is set to kick off the July, 1st. The theme for this year’s company-wide challenge is Colonial in action!, and is a friendly competition encouraging employees and business leaders to give back to the community through volunteer work, financial literacy, homebuyer education and other means of support.
“Colonial has a long history of volunteerism and charitable giving that helps shape our culture and who we are as an organization,” said David Motley, President of Colonial. “We believe in the American Dream of homeownership and help make that dream come true through home loan financing. We support the financial goals of individuals and businesses through our personal and commercial banking products, and by putting challenged to go out and give back, we will continue to bring positive change to the communities we serve.”
In their inaugural challenge, Colonial employees donated more than 1,500 volunteer hours to dozens of community groups and organizations. The department with the most average volunteer hours at Colonial will be rewarded $1,000 to donate to a charity or organization of their choice, and will also receive the “Jimmy Award for Excellence”, named after Colonial’s beloved founder and visionary, Jimmy DuBose.
About Colonial
Founded in 1952 as the Fort Worth Mortgage Corporation, today Colonial is a national full-service financial institution headquartered in Fort Worth, TX. A federally chartered savings company, Colonial is one of the largest residential mortgage servicers in United Stateswith a service portfolio of $23 billion. Colonial operates three mortgage origination divisions, Colonial National Mortgage, a leading retail mortgage lender; CU Members Mortgage, which provides mortgage services to credit unions nationwide; and Community Bankers Mortgage, which provides mortgages and services to community banks as well as a network of eight consumer/commercial banks located across North Central Texas. The private company offers a full range of personal and commercial financial products and is responsible for approximately $1.5 billion in FHA, VA, Jumbo, Conventional, Condo and innovative Single Close Construction loans each year. For more information, please visit GoColonial.com.
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SOURCE Colonial Savings, FA
