First Eagle Bank prides itself on establishing and maintaining long-term relationships with the organizations that work to give back to the communities that we serve. This holds especially true for DuPage Habitat for Humanity (DHFH). FEB bolsters this relationship in two main capacities: volunteering and loan financing.
FEB currently has its EVP/CFO, Patrick Kaveney serving on the Board of Directors of DHFH. Prior to joining the Board, Mr. Kaveney served on the Hanover Park Neighborhood Revitalization Steering Committee for DHFH.
FEB is also able to provide substantial lending assistance. In May of 2018, FEB financed 4.2 acres of land for DHFH to construct 27 new town homes. This was followed by a letter of credit in March of 2019 which is used for the construction of the development’s infrastructure. We’re happy to announce that the project is entering its final stages and through November of 2023 FEB has provided 7 mortgages to deserving families of this program.
Thank you to DuPage Habitat for Humanity for allowing us to be part of such a worthwhile cause!