Since the Lincoln administration signed our national bank charter No. 24 in 1863, we’ve drawn on our financial strength to serve customers. This has been especially evident in times of need, such as during the COVID-19 pandemic. Our response by the end of 2020 included a $20 million premium pay program for our employees, relief assistance and 108,000 Small Business Administration Paycheck Protection Program (PPP) loans for our customers, and $30 million in expedited charitable contributions for our communities. As a result, we’re proud to have been named the most essential bank amid the pandemic in a ranking by The Harris Poll.
Led by Chairman, President and CEO Andy Cecere, our company is guided by a 14-member Managing Committee. This group includes the leaders of our four core business lines – Consumer and Business Banking; Payment Services; Corporate & Commercial Banking; and Wealth, Corporate, Commercial and Institutional Banking – as well as the heads of functional areas including risk management; digital; diversity, equity and inclusion; finance; legal; strategy; and more.