Through Operation Community Spirit and EITC funds, the bank is contributing over $255,000 in funds within the month of December.
The donation was part of a large giving allocation through its annual Operation Community Spirit, giving missions and Education Improvement Tax Credit program.
The funds will support the DuBois Area Schools’ Educational Foundation in its mission to develop, promote and finance innovative educational programs, activities and projects for the DuBois Area School District.
Riverview Bank and its operating divisions is a participant in Pennsylvania’s Education Improvement Tax Credit (EITC) program.
The EITC program provides tax credits to eligible businesses when they contribute to scholarship organizations, educational improvement organizations or pre-kindergarten scholarship organizations. The credits allow companies to reinvest that money back into the local communities they serve.
The contribution toward DuBois Area School’s Educational Foundation is one of over 43 EITC approved nonprofit organizations’ gifts Riverview Bank provided through this year’s program allocation, providing $200,000 back to local communities served across Pennsylvania.