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PHILADELPHIA (Sept. 4, 2024) – Today, Firstrust Bank announced a new partnership with the African-American Chamber of Commerce of PA, NJ and DE (AACC) to support local entrepreneurs with trusted financial resources to foster growth.

As Philadelphia’s Hometown Bank and the Official Bank of the Philadelphia Eagles, Firstrust is committed to cultivating prosperity for all businesses the Greater Philadelphia region. This partnership reflects Firstrust's broader commitment to supporting African-American entrepreneurs as part of its dedication to fostering inclusivity and economic empowerment in our community.

“Philadelphia has a rich, thriving and diverse business community, but African-American entrepreneurs often face unique challenges in accessing capital and resources needed to scale their businesses,” said Mathew Hein, EVP and Chief Banking Officer at Firstrust Bank. “Firstrust’s partnership with AACC is an active commitment to help mitigate these challenges though programming support and access to trusted financial expertise from Firstrust.”

Through the partnership, Firstrust will participate in two AACC signature programs, Coaching to Capital and Investors Roundtable. As a part of the Coaching to Capital program, Firstrust will mentor small business to help them acquire the development funding necessary to grow their operations. Additionally, Firstrust experts will participate in Investors Roundtable discussions that are open to all AACC members twice a year.

"The African-American Chamber of Commerce is thrilled to partner with Firstrust Bank, a collaboration that will empower our community's businesses and entrepreneurs,” said Regina A. Hairston, President and CEO of the African-American Chamber of Commerce of PA, NJ and DE. “This partnership is not just about financial support; it's about ensuring that our local Black entrepreneurs have access to the tools and resources to create successful and thriving businesses."

AACC is a membership organization that serves businesses in the public, private and independent sector who are committed to supporting the economic empowerment and growth of African-American businesses located in the Greater Philadelphia area.

Firstrust Bank is the Philadelphia region’s largest family-owned financial institution. Firstrust offers a broad range of retail and commercial banking products and services to individuals, businesses and institutions.

About Firstrust Bank

Founded in 1934, with assets of approximately $5 billion, Firstrust Bank is the region’s largest family-owned financial institution, one of the region’s largest and strongest full-service commercial banks, and one of the most consistently top-performing banks in the Nation. Founded by Samuel A. Green, who began the business in his mother’s kitchen in South Philadelphia, Firstrust is currently in its third generation of family management, operating as Philadelphia’s Hometown Bank® for 90 years. Firstrust offers a broad range of retail and commercial banking products and services to individuals, businesses, and institutions. In commercial banking, Firstrust provides a wide variety of solutions, including commercial real estate finance, business banking, asset-backed lending, and deposit and treasury management services. Firstrust meets the need of its consumer customers by offering a full range of deposit, lending, and residential mortgage products. Firstrust is a Small Business Administration (SBA) Preferred Lender, is a Top Workplaces employer, the Official Bank of the Philadelphia Eagles and serves its customers through 18 branch banking offices located in Southeastern PA, Cherry Hill, NJ, and Towson, MD. For more information, visit firstrust.com or call 800-220-BANK. Member FDIC.

About the African-American Chamber of Commerce of PA, NJ and DE

The African-American Chamber of Commerce of PA, NJ and DE (AACC) is the leading advocate for minority owned business in the Delaware Valley and Southeastern Pennsylvania. The AACC enhances the growth and effectiveness of African-American owned businesses by working within the community to improve economic conditions; furthering businesses’ interests by serving as convener and influencer in government; and providing programming and facilitating partnerships that help members access needed resources.