Pacific Premier Bank Invests in Health Equity with $100,000 Grant
Pacific Premier Bancorp, Inc. (NASDAQ: PPBI), the parent organization of Pacific Premier Bank, recently declared its commitment to invest $100,000 over the next two years to support the Susan G. Komen's Financial Assistance Program (KFA). This initiative focuses on promoting health equity for individuals who lack sufficient insurance, are uninsured, and belong to underserved communities.
The Purpose of the Grant
This noteworthy financial contribution reflects the Bank's dedication to tackling health disparities that impact many individuals. The KFA offers essential services, including breast health education, screenings, treatment, and support for those who often lack sufficient healthcare coverage. Alarmingly, statistics show that one in eight women in the U.S. will face a breast cancer diagnosis at some point in their lives, with a woman dying from breast cancer every 12 minutes. Experts believe that ensuring universal access to modern treatment could prevent a third of these fatalities.
Shared Vision for Partnership
Megan Klink, Vice President of the West Region at Susan G. Komen, has expressed deep appreciation for the Bank’s support: "The Bank’s commitment to Komen’s health equity mission enhances our ability to save lives by addressing the most urgent needs in our communities." This partnership symbolizes a joint effort to assist breast cancer patients as they navigate their complicated journeys to care, especially for those who are financially challenged.
Insights from the Bank
Sherri Scott, the Senior Executive Vice President and Chief ESG & Corporate Responsibility Officer at Pacific Premier Bank, stated, "We are proud to partner with Susan G. Komen in the crucial fight against breast cancer, particularly for underserved individuals. We hope our support opens more doors to treatment and education while also offering financial peace of mind to those impacted by the disease." This collaboration demonstrates the Bank's commitment to not only providing financial services but also playing a constructive role in the community.
Susan G. Komen: A Commitment to Ending Breast Cancer
Susan G. Komen stands out as one of the foremost nonprofit organizations dedicated to battling breast cancer worldwide. Their relentless efforts aim to save lives and ultimately eliminate breast cancer through a comprehensive approach that spans various facets of patient care and assistance. The organization emphasizes patient advocacy, promotes research progress, and offers direct support to those affected.
Holistic Care Approach
The organization’s dedication traces back to a promise made by Nancy G. Brinker to her sister, Susan G. Komen, vowing to spare others from the suffering inflicted by the disease. Today, Komen empowers people through education, advocacy, and support services, reaching millions across the United States and beyond. Their ongoing initiatives ensure that essential resources are available to those who need them while they continue the quest for future cures.
Overview of Pacific Premier Bancorp
Pacific Premier Bancorp, Inc., traded under NASDAQ: PPBI, has positioned itself as a significant financial institution in the western United States since its founding in 1983. The Bank offers a diverse array of banking products and services, catering to small businesses as well as corporations, ensuring they receive the support necessary to prosper. With nearly $18 billion in total assets, Pacific Premier Bank supplies various loan options, including commercial loans and lines of credit. Their commitment to providing excellent customer service solidifies their role as a vital partner in the financial landscape.
Frequently Asked Questions
What is the purpose of the grant announced by Pacific Premier Bank?
The grant is designed to support Susan G. Komen’s Financial Assistance Program, which aims to improve health equity for underserved individuals requiring breast cancer care.
How does the KFA program assist individuals?
The KFA program provides crucial aid in breast health education, screenings, treatment, and support, especially for those with limited or no healthcare insurance.
What statistics are cited regarding breast cancer in the U.S.?
It is reported that one in eight women will receive a breast cancer diagnosis during their lives, and a woman dies from the disease approximately every 12 minutes.
Who is Megan Klink?
Megan Klink serves as the Vice President of the West Region at Susan G. Komen and has expressed her gratitude for the support from Pacific Premier Bank.
What services does Pacific Premier Bank offer?
Pacific Premier Bank provides a range of banking services, including deposit accounts, digital banking, commercial loans, and treasury management, primarily designed for small to corporate businesses.