First Federal Bank and First Insurance Group Will Fund up to $10,000 of “Pay it Forward” Ideas

First Federal Bank and First Insurance Group1 Will Fund up to $10,000 of “Pay it Forward” Ideas

Defiance, OH – First Federal Bank and First Insurance Group have kicked off their annual Pay it Forward celebrations and are now accepting submission ideas on how to allocate $10,000 in funding. From Oct. 8th through Nov. 14th, the bank and agency will review project ideas that aim to spread kindness in local communities.

“Building better communities requires a collaboration of our employees, our resources and our community members. When we work together to improve the lives of others, the impact is amplified,” said Donald P. Hileman, CEO and President of First Defiance Financial Corp.

A “Pay It Forward” is a random act of kindness that spurs others to continue the cycle of giving. These acts can be as simple as providing sleeping bags to the homeless, donating school supplies for children in need or helping to start or complete a community project.

As part of their Pay it Forward Day celebrations, they will also give each employee $10 to perform their own Pay it Forward. They aim to perform nearly 700 Pay it Forwards on Nov. 14th. “Our Pay it Forward Day allows our teams and others to be directly involved with our commitment to better our communities and to inspire others to make a difference,” said Hileman.

Last year, First Federal Bank and First Insurance Group funded 12 Pay it Forward ideas that ranged from purchasing cribs for expecting mothers who live below the federal poverty line to purchasing a commercial refrigerator and stove for the Believe Center in South Toledo, so they could continue to provide free, hot meals to over 2,000 children each year.

To submit a Pay it Forward idea or project for consideration, simply fill out the form on the Bank’s website at http://first-fed.com/pay-it-forward with your name, contact information and project details. The submission period will run from October 8, 2018, until November 14, 2018. Multiple ideas will be selected and announced the first week of December. All of the chosen recipients and ideas will be announced on First Federal Bank’s Facebook page at https://www.facebook.com/1stFederalBank/.

If you could pay it forward, what would you do? Even the smallest acts of kindness can make our communities better – together.

1Not FDIC Insured. Not a Deposit. May Lose Value. Not Guaranteed by the Bank. Not Insured by Any Federal Government Agency.