Today, the Shasta EDC announced that it received a $10,000 Work grant from U.S. Bank. U.S Bank’s corporate giving and volunteer program is called Community Possible and focuses its investments on the pillars of Work, Home and Play. The Work pillar supports programs and organizations that help small businesses thrive, allow people to succeed in the workforce, provide pathways to higher education and gain greater financial literacy. U.S. Bank has provided funding to The Economic Development Corporation of Shasta County (Shasta EDC) for a number of years. Shasta EDC President, Tony Giovaniello, said, “these funds are critical to our ongoing efforts and they are greatly appreciated.” Mr. Giovaniello added, “investments like the one from U.S. Bank allow us to continue our recruitment of businesses and talent into our county, assisting local companies with expansion plans, and building and supporting our rapidly growing startup community.”
The Shasta EDC also works with the City of Redding Airport team and our airline partners focused on the objective of adding more destinations for our business and pleasure travelers. The Shasta EDC’s Venture Hub also provides a low-cost co-working location that is used not only by startups, but more and more, by telecommuters (those employed by companies outside our area, but working here in Shasta County) and free-lancers (people who work on contract on many different projects, for many different companies). Ms. Jill Letendre, Vice President and District Manager, U.S. Bank, commented, “Giving back to the communities where we live and work is one of the ways we put people first at U.S. Bank. A strong small business environment and an educated workforce ensures the prosperity and growth in our communities. The goals, objectives, and activities of the Shasta EDC are aligned with this mission. We are proud to partner with the Shasta EDC in this effort.”
The EDC of Shasta County is a 501(c)(3) California Non-Profit Public Benefit Corporation focused on growing, diversifying and maintaining a balanced economy, leading to more economic stability and sustainability for our region in the primary industries and technology sectors. Shasta EDC does not discriminate against any person on the basis of race, color, national origin, disability, or age in admission, treatment, or participation in its programs, services and activities, or in employment. About Community Possible Community Possible is the corporate giving and volunteer program at U.S. Bank, focused on the areas of Work, Home and Play. The company invests in programs that provide stable employment, a safe place to call home and a community connected through arts, culture, recreation and play. Philanthropic support through the U.S. Bank Foundation and corporate giving program reached $54.2 million in 2016. Visit www.usbank.com/community About U.S. Bank Minneapolis-based U.S. Bancorp (NYSE: USB), with $464 billion in assets as of June 30, 2017, is the parent company of U.S. Bank National Association, the fifth largest commercial bank in the United States. The Company operates 3,088 banking offices in 25 states and 4,826 ATMs and provides a comprehensive line of banking, investment, mortgage, trust and payment services products to consumers, businesses and institutions. Visit U.S. Bancorp on the web at www.usbank.com.