Sonabank Launches Program to Support Nonprofits

Sonabank has created a program designed specifically to support nonprofit organizations.

The financial institution has launched Community Believers, an innovative program that provides a custom-designed package of integrated financial products and marketing services to help nonprofits grow and excel.

“We conducted focus groups with over 25 nonprofits in the Richmond and Hampton Roads regions to find out what they really want in a long-term banking relationship and how Sonabank could help them accomplish their respective missions to be successful,” stated Joe A. Shearin, CEO of Sonabank. “As a result of that in-depth research, we developed the Community Believers program of financial products, tools and resources to demonstrate that we understand their world and we support what they are doing.”

There is no fee to enroll in Community Believers program at Sonabank, and membership provides several benefits for nonprofits, including: a dedicated website where participants can post volunteer positions and event calendar details as well as connect with other nonprofits; the tools to accept donations remotely through Sonabank’s BluePay Merchant Services; free checking; and a tailored loan program.

Sonabank’s local offices will also select a Nonprofit of the Month to feature in various ways at the branch. Learn more about the program at CommunityBelievers.com.

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