Cumberland Federal Bank try to start with chartered for the 1934 as Cumberland Government Deals and you can Loan Association

Background

The straightforward and respectable reason for this new savings and you may loan is to expend fair returns on the discounts financial investments in order to offer funds having mortgage brokers.

While in the their history, this new heritage of Cumberland Federal Lender might have been characterized by our very own exceptional need to improve society and its owners. That it mentioned desire is reflected in the bank’s motto, “Family unit members Providing Friends,” that is backed by the vow to help you “render constantly improved monetary functions followed closely by solid help for our hometown.” That it service is confirmed because of the high people volunteerism from the Bank’s board and you can staff and also by a corporate plan you to definitely, for a long time, have sought for to contribute 5% from net gain in order to regional charity questions. Continue Reading