Assistance to Non-for-Profit Organizations

Supporting Our Communities

First Eagle Bank is actively engaged with nonprofit organizations serving metro Chicago.  Bank management and staff serve on Boards and committees of many organizations and provides support in other ways to many other local nonprofits.  Below is a partial list of organizations which currently benefit from FEB employee commitment of time, resources and financial support:

ACCION Chicago is Chicago's largest small business micro lender, providing credit card and other business services to small business owners lacking access to traditional sources of financing.  Andy Salk is Board Member of ACCION.


Community Investment Corporation (CIC) is Chicago's largest nonprofit mortgage lender providing financing for the purchase and rehab of the multifamily apartment buildings in the six-county metropolitan region, concentrating on the underserved areas.  Since 1993, First Eagle Bank has been an investor and currently has $2 million commited for future funding. Andy Salk is Board Member of CIC.         


Local Initiative Support Corporation (LISC)  is a nonprofit organization founded by the Ford Foundation in 1979 bringing together corporate, government and philanthropic support to provide community development corporations (CDCs) with loans, grants and equity investment.  Since its inception, LISC has been a vital player in the City of Chicago by helping both community-based and for-profit developers transform distressed neighborhoods.  First Eagle Bank has been a sponsor and supporter of this organization since 2005.


Neighborhood Housing Services of Chicago (NHS)  is a nonprofit organization working in partnership with businesses, government, and neighborhood residents to revitalize Chicago's low to moderate-income neighborhoods.  Formed in 1975, NHS is Chicago's largest neighborhood revitalization organization.  First Eagle Bank has been a leading member of NHS Community Banks Partnership since its inception.


Chicago Community Loan Fund (CCLF) provides low-cost, flexible financing to non-profit and for-profit community development organizations for the revitalization of low- and moderate-income neighborhoods throughout metropolitan Chicago.  CCLF is a federally certified Community Development Financial Institution (CDFI).  In addition to its lending program, CCLF provides technical assistance to borrowers and non-borrowers.  Lastly, CCLF is active in the public policy area.


IFF  provides below-market, long-term real estate loans to nonprofit corporations meeting the needs of low-income and special need populations.  The corporation was founded in 1988 and achieved CDFI certification in 1995.  It serves nonprofit organizations in Illinois, Iowa, Missouri, Wisconsin and more recently Michigan.  IFF has three business units: below-market lending to nonprofit corporations, real estate consulting and development for nonprofit corporations, and research related to the nonprofit sector.


DuPage Habitat for Humanity is a nonprofit organization working in partnership with families and their communities to provide affordable housing.  Cathy Sanders assists the organization by serving on the Finance Committee.


Facing Forward to End Homelessness is a nonprofit organization with a mission to end homelessness for families and individuals by providing permanent housing, education, advocacy, and social services.  Faruk Daudbasic currently serves as a Director.


Jewish Council on Urban Affairs pursues social and economic justice for Chicago's most vulnerable neighborhoods by promoting a vision of empowering communities from within.  Zachary Braun sits on the Board of Directors.


Senior Housing Crime Prevention Foundation  is a national organization whose objective is to reduce crime in the nation's senior housing facilities and to provide on-going, effective crime prevention programs.  First Eagle Bank has been a financial partner of this organization since 2005.


Teen Parent Connection  is a nonprofit agency serving teen parents in DuPage County.  The agency offers school-based pregnancy prevention education programs in middle schools and high schools.  Susan Johnson teaches the "Money Smart" workshops to the groups within this organization.


The Chicago Foundation for Women promotes the health, well-being, and economic self-sufficiency of women and girls. In particular it supports organizations which provide four key services: jobs skills training, affordable housing, dependable childcare, and financial coaching.  Jay Fahn serves on the Foundation's Grants Sub-committee.


Ways to Work  provides small, short-term, low-interest rate loans, mostly for motor vehicles, for low-income parents with damaged credit.  Rick Burns volunteers as a member of the loan committee.