Issue link: https://nebusinessmedia.uberflip.com/i/1195371
B anks are traditionally known as repositories for savings and checking accounts, business and personal loans, and fi nancial advising services. So, when a fi nancial institution and its employees embrace a mission centered on local philanthropy, the industry takes notice. In October, the American Bankers Association (ABA) Foundation selected Kathryn Luria, senior vice president, Community Aff airs and Director of Philanthropy at Webster Bank, to receive its most prestigious award, the George Bailey Distinguished Service Award, named after the iconic character in "It's a Wonderful Life." Humbled by this accolade, Luria credits her Webster "family" for their participation and involvement in community service activities. "We would not be the unique bank we are without them. It's about the people," she said. "Kathy's work at Webster serves as an example for the entire industry of how our bankers can and should engage with their communities," President and CEO John Ciulla said. "Thanks to her eff orts, it's clear that Webster is making a tangible diff erence in the communities it serves. Congratulations to Kathy and to all our Webster bankers." Luria spent 20 years in the community college system, which prepared her for her current role. "I wore many hats and had to be empathetic and a good listener," she said. In 2006, she chose to become part of Webster Bank specifi cally because of its commitment to community, which the organization has incorporated as part of its mission since its founding in 1935. "Everyone, from our newest to seasoned bankers, at all levels are involved in their communities and live the 'Webster Way' as a values-guided and community-minded person," she said. Locally committed Specifi cally focused on keeping her fi nger on the pulse of the local community, Luria attempts to understand the community needs and match them to the interests of the bank employees. "We are Sponsored Content WEBSTER BANK INTELLIGENCE SERIES | Kathryn Luria, senior vice president, Community Aff airs and Director of Philanthropy at Webster Bank, and Jeremy Race, Junior Achievement of Southwest New England president and CEO, share a goal of building fi nancial literacy and economic stability. | PHOTOS | GARY LEWIS Embracing Philanthropy: Locally Committed, Involved and Invested