Penn Community Bank in Perkasie said it is working with United Way of Bucks County to create a Bucks County COVID-19 Recovery Fund to help those who experience a financial crisis from the pandemic.
“The funds are intended to be filling gaps that will arise as a result of these circumstances,” said Todd Hurley, the bank’s chief relationship officer. “There were already people who were food insecure before this. The trickle down of this is creating further hardship because people might be out of work because of it.”
Both the bank and the United Way are contributing $25,000 to help launch the fund, which will be managed by the United Way and be distributed through a review board of community leaders, including Hurley.
Money will be given to United Way agencies, such as food banks, to distribute where they see the need.
“These agencies already have the processes in place to help the community,” he said.
Over the coming weeks, these agencies that serve the community will face their own challenges in continuing their services and reaching the people that need help the most, Hurley said.
Because of social distancing, they may have limited volunteers on hand. There are also questions about how food gets distributed. “Some people can’t get out of their homes, how do we get food them?” Hurley said.
Organizers are soliciting funds for the campaign. Donations can be made to www.uwvbucks.org/covidecovery.
“As local businesses adjust their operations and staffing to slow the spread of the coronavirus pandemic, we know that many in our community will feel the hardship created by missed or reduced paychecks,” said Jeane M. Vidoni, president and CEO of Penn Community Bank. “Penn Community Bank is proud to pledge its support to the Bucks County COVID-19 Recovery Fund. We know that many more businesses and organizations are looking for ways to help in this time of need, and this is it.”