Beautiful Virgin Islands

Wednesday, Aug 13, 2025

CIBC FirstCaribbean donates $1000 to FSN instead of year-end staff party

CIBC FirstCaribbean donates $1000 to FSN instead of year-end staff party

Instead of its seasonal staff celebrations, the staff at CIBC FirstCaribbean in the Virgin Islands (VI) agreed once again to instead donate $1,000 to people in need through the Family Support Network (FSN).

Prior to presenting the cheque before the Christmas holidays, Mr Amory Jervis, Country Manager of the bank spoke with Ms Jasmin D'Aguiar, Treasurer of the FSN, for an insight into the greatest needs of the not-for-profit organisation and its clients, CIBC FirstCaribbean stated in a press release today, January 18, 2022.

Basic pantry costs per month is $5000- FSN


"We had approximately 250-300 households register on a monthly basis with the Family Support Network for 2021. With household sizes of 2-12 persons, that's between 600-700 people per month that have needed assistance with life basics such as food and shelter," said Ms D'Aguiar.

"To give you an idea of outgoing funds and the need for continued donations and financial support, basic pantry costs alone are around $5,000 per month. Other monthly expenses include counselling services, office administration, rent and utility costs and other similar outgoings to assist persons in need.

"The FSN is a non-profit, non-governmental, organisation (NGO) whose primary aim is to aid individuals, couples and families affected by domestic violence but which has been working with persons affected by other factors including the COVID-19 pandemic that has had a devastating impact on people's socioeconomic situations. The budget for this year - 2022 - is $300,000 to help address immediate needs and to deliver long term solutions for affected persons and families. Financial gifts such as this are very much needed and gratefully received,” Ms D’Aguiar disclosed.

Bank recognises work of FSN


Mr Jervis expressed thanks for the FSN's work in the community and noted the bank's support of the charity for many years.

“The Bank and its staff are very much aware of the invaluable work done by the FSN and we have been trying to do what we can to help clients of the FSN since 2012. Over the years our Corporate and Social Responsibility committees have collected for and assembled food hampers, gifts for the children and donated funds to bring some relief to our fellow community members in need,” said Mr Jervis.

“It's with appreciation that we determined to skip the internal seasonal celebrations to support our community through the FSN instead."

According to the press release, the end of year donation is a reflection of CIBC FirstCaribbean’s top-down stance on the meaning of community spirit and the bank made similar monetary donations across the region to charitable organisations that support those in need.

Newsletter

Related Articles

Beautiful Virgin Islands
0:00
0:00
Close
Trump Criticizes Goldman Sachs Over Tariff Cost Forecasts
Perplexity makes unsolicited $34.5 billion all-cash offer for Google’s Chrome browser
Kodak warns of liquidity crisis as debt obligations loom
Cristiano Ronaldo and Georgina Rodríguez announce engagement
Taylor Swift announces 12th studio album on Travis Kelce’s podcast after high-profile year together
South Korean court orders arrest of former First Lady Kim Keon Hee on bribery and corruption allegations
Asia-Pacific dominates world’s busiest flight routes, with South Korea’s Jeju–Seoul corridor leading global rankings
Private Welsh island with 19th-century fort listed for sale at over £3 million
JD Vance to meet Tory MP Robert Jenrick and Reform’s Nigel Farage on UK visit
Trump and Putin Meeting: Focus on Listening and Communication
Instagram Released a New Feature – and Sent Users Into a Panic
China Accuses: Nvidia Chips Are U.S. Espionage Tools
Mercedes’ CEO Is Killing Germany’s Auto Legacy
Trump Proposes Land Concessions to End Ukraine War
New Road Safety Measures Proposed in the UK: Focus on Eye Tests and Stricter Drink-Driving Limits
Viktor Orbán Criticizes EU's Financial Support for Ukraine Amid Economic Concerns
South Korea's Military Shrinks by 20% Amid Declining Birthrate
US Postal Service Targets Unregulated Vape Distributors in Crackdown
Duluth International Airport Running on Tech Older Than Your Grandmother's Vinyl Player
RFK Jr. Announces HHS Investigation into Big Pharma Incentives to Doctors
Australia to Recognize the State of Palestine at UN Assembly
The Collapse of the Programmer Dream: AI Experts Now the Real High-Earners
Security flaws in a carmaker’s web portal let one hacker remotely unlock cars from anywhere
Street justice isn’t pretty but how else do you deal with this kind of insanity? Sometimes someone needs to standup and say something
Armenia and Azerbaijan sign U.S.-brokered accord at White House outlining transit link via southern Armenia
Barcelona Resolves Captaincy Issue with Marc-André ter Stegen
US Justice Department Seeks Release of Epstein and Maxwell Grand Jury Exhibits Amid Legal and Victim Challenges
Trump Urges Intel CEO Lip-Bu Tan to Resign Over Alleged Chinese Business Ties
Scotland’s First Minister Meets Trump Amid Visit Highlighting Whisky Tariffs, Gaza Crisis and Heritage Links
Trump Administration Increases Reward for Arrest of Venezuelan President Maduro to Fifty Million Dollars
Armenia and Azerbaijan to Sign US-Brokered Framework Agreement for Nakhchivan Corridor
British Labour Government Utilizes Counter-Terrorism Tools for Social Media Monitoring Against Legitimate Critics
OpenAI Launches GPT‑5, Its Most Advanced AI Model Yet
Embarrassment in Britain: Homelessness Minister Evicted Tenants and Forced to Resign
President Trump nominated Stephen Miran, his top economic adviser and a critic of the Federal Reserve, to temporarily fill an open Fed seat
The AI-Powered Education Revolution: Market Potential and Transformative Impact
Chikungunya Virus Outbreak in Southern China: Over 7,000 Hospitalized
French wine makers have seen catastrophic damage to vines that were almost ready to be harvested after the worst fires in more than 70 years burned through the south of the country
US Lawmaker Probes Intel CEO’s China Ties Amid National Security Concerns
Brazilian President Lula says he’ll contact the leaders of BRICS states to propose a unified response to U.S. tariffs
Trump Open to Meeting Putin as Soon as Next Week, with Possible Trilateral Summit Including Zelenskiy
Katy Perry and Justin Trudeau spark dating rumors, joining high stakes world of celeb-politician romances
US envoy Steve Witkoff arrived in Moscow to seek a breakthrough in the Ukraine war ahead of President Trump’s peace deadline
WhatsApp Deletes 6.8 Million Scam Accounts Amid Rising Global Fraud
Nine people have been hospitalized and dozens of salmonella cases have been reported after an outbreak of infections linked to certain brands of pistachios and pistachio-containing products, according to the Public Health Agency of Canada
Karol Nawrocki Inaugurated as Poland’s President, Setting Stage for Clash with Tusk Government
Trump Signals JD Vance as ‘Most Likely’ MAGA Successor for 2028
US Charges Two Chinese Nationals for Illegal Nvidia AI Chip Exports
Texas Residents Face Water Restrictions While AI Data Centers Consume Millions of Gallons
U.S. Tariff Policy Triggers Market Volatility Amid Growing Global Trade Tensions
×