First Women’s Bank announces new partners Microsoft and United Airlines to support the women’s economy

<br /> First Women’s Bank announces new partners Microsoft and United Airlines to support the women’s economy<br />

PR Newswire


Spotlights client stories



CHICAGO


,


March 31, 2022


/PRNewswire/ — First Women’s Bank (FWB) on Thursday announced that Microsoft Corp. and United Airlines are the Bank’s newest Mission Partners. The companies join a growing list of FWB Mission Partners that includes Aon, Wendy’s, Comcast Corp.,

William Blair

and the Western Golf Association, as well as other supporters, including investors

Billie Jean King

, Fidelity Investments, Bank of America and strategic advisors

Sophia Bush

and

Nia Batts

. In addition, FWB is spotlighting some of the small businesses it has financed since its grand opening last fall.

“Closing the gender lending gap is a critical step toward achieving gender equality, and First Women’s Bank is the bank to do it,” said

Marianne Markowitz

, president and CEO, First Women’s Bank. “Together with our Mission Partners and supporters, First Women’s Bank will help bridge that gap, elevate small businesses and the communities they serve, and promote more inclusive economic growth.”

FWB’s innovative strategy combines national Small Business Administration lending with deposits from mission-aligned individuals, corporations and organizations to create accessible financing for small businesses with a strategic focus on the women’s economy. The support of FWB’s Mission Partners, through FDIC-insured mission deposits, helps expand economic opportunity for the women’s economy.

“We’re excited to partner with First Women’s Bank and continue to invest in the women’s economy,” said

Anita Mehra

, corporate vice president of global treasury & financial services at Microsoft. “Microsoft strives to create environments where people of a diverse range of backgrounds, especially women and women of color, have the resources and support they need to thrive.”

“Women and women-led businesses are critical to growing and strengthening our economy and our communities,” said Pam Hendry, vice president and treasurer at United. “That’s why United is proud to partner with First Women’s Bank as a force for good in the communities we serve to help build a robust economic environment where women and women-led businesses have access to the opportunities and resources they need to flourish.”

In addition to Mission deposits, Microsoft plans to provide training and resources from its

global skills initiative

to small businesses through the FWB Collective. The FWB Collective is a community of resources, support and inspiration to help small businesses grow and thrive.


Client spotlight

Just six months after its grand opening, First Women’s Bank is delivering on its mission to grow the economy and elevate the role of women within it.

“Our clients come to us with their dreams of owning and building their businesses,” said Markowitz. “With the support of our Mission Partners, shareholders, advisors and deeply committed team, First Women’s Bank is providing the capital, resources and community to help our clients and their businesses grow and thrive.”



Aisha and Ruth Miller

, owners/operators, Tropical Smoothie,

Burbank, Illinois

“As two Black women forging our own path, it was important for my mother and me to align with an organization that truly believed in

us

,” said

Aisha Miller

, owner/operator of Tropical Smoothie. “From the first interaction, First Women’s Bank treated us like family and was truly invested in our personal success. We could not have asked for a better partner on this journey.”



Lauret and Tosin Odesanya

, owners/operators, Scooter’s Coffee,

Texas

“From day one, the First Women’s Bank team was collaborative and transparent,” said

Lauret Odesanya

, owner/operator of Scooter’s Coffee. “They genuinely had our best interests at heart — our problem was their problem; our success was their success. We have a trusted partner in making our aims a reality.”


About First Women’s Bank

First Women’s Bank is the only women-founded, women-owned and women-led commercial bank in the country on a mission to grow the economy and elevate the role of women within it. The Bank serves a national lending and deposit market from its flagship location in

Chicago

.

FWBank is a Member FDIC and Equal Housing Lender.

For more information, visit


www.FirstWomens.Bank


.


About United Airlines

United’s shared purpose is “Connecting People. Uniting the World.” In 2019, United and United Express® carriers operated more than 1.7 million flights carrying more than 162 million customers. United has the most comprehensive route network among North American carriers, including U.S. mainland hubs in

Chicago

,

Denver

,

Houston

,

Los Angeles

,

New York

/

Newark

,

San Francisco

and

Washington, D.C.

United Airlines Holdings, Inc. is traded on the Nasdaq under the symbol “UAL.”


About Microsoft

Microsoft (Nasdaq “MSFT” @microsoft) enables digital transformation for the era of an intelligent cloud and an intelligent edge. Its mission is to empower every person and every organization on the planet to achieve more.

Cision
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SOURCE Microsoft Corp.