CrossFirst Bank Issues First-Ever Annual Impact Report

Rhea-AI Summary

CrossFirst Bankshares, Inc. (NASDAQ: CFB) has released its inaugural corporate impact report, detailing its contributions to employees, clients, shareholders, and communities for the year 2020. The report highlights the bank's hiring practices, commitment to diversity, philanthropic efforts, and responses to the COVID-19 pandemic. CEO Mike Maddox emphasizes the report as a representation of the bank's current impact and a roadmap for future aspirations, while acknowledging employees awarded the Extraordinary Service Award.

Positive

• Inaugural corporate impact report showcases contributions to employees and communities.
• Emphasis on hiring, diversity, and philanthropic initiatives.
• Recognition of employees through the Extraordinary Service Award.

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• None.

Provides overview of how the bank is benefitting employees, clients, shareholders, and communities

LEAWOOD, Kan.--(BUSINESS WIRE)-- CrossFirst Bank, a subsidiary of CrossFirst Bankshares, Inc. (NASDAQ: CFB), with a presence in Missouri, Kansas, Oklahoma, Texas and Arizona, today released its first ever corporate impact report. The report highlights the meaningful difference the company is making in the lives of its employees, with its clients, shareholders, and in the communities where the bank operates.

The first annual CrossFirst Impact Report covers calendar year 2020 and provides information on the bank’s hiring and talent management practices; commitment to inclusion, diversity, equity and accountability; philanthropic giving and volunteerism; COVID-19 pandemic response and associated investments and corporate governance. The report also recognizes those employees who were the recipient of their annual Extraordinary Service Award, the highest award an employee can receive.

“The CrossFirst Impact Report is intended to demonstrate to our clients, employees, shareholders and community partners where we are as an organization in a number of important areas,” said President & CEO of CrossFirst Bankshares, Inc., Mike Maddox. “In addition to articulating the impact we are currently having; it also serves as a roadmap for where we want to go as a company in the future. I look forward to sharing our progress next year and in the years that follow as we continue to deliver on our promise of contributing to the wellbeing of our employees, clients, shareholders, strategic partners and communities.”

About CrossFirst Bank

CrossFirst Bank, headquartered in Leawood, Kansas, is a subsidiary of CrossFirst Bankshares, Inc. (Nasdaq: CFB), a Kansas corporation and a registered bank holding company. CrossFirst Bank has nine full-service banking offices in Kansas, Missouri, Oklahoma, Arizona, and Texas. For more information on CrossFirst Bank, visit www.crossfirstbank.com.

View source version on businesswire.com: https://www.businesswire.com/news/home/20211001005212/en/

Media Contact

Meggin Nilssen | CrossFirst Bank

816.895.4604 | meggin.nilssen@crossfirstbank.com

Investor Relations

Heather Worley | CrossFirst Bankshares, Inc.

214.442.5898 | heather@crossfirst.com

Source: CrossFirst Bank

FAQ

What does the CrossFirst Bank impact report cover for 2020?

The report highlights hiring practices, commitment to diversity, philanthropic initiatives, COVID-19 response, and corporate governance.

What is the significance of the CrossFirst Bank impact report?

It demonstrates the bank's current contributions and outlines future goals for employees, clients, and communities.

Who is the CEO of CrossFirst Bankshares, Inc.?

The CEO is Mike Maddox.

When was the CrossFirst Bank impact report released?

The report was released recently and covers the calendar year 2020.

What award did CrossFirst Bank employees receive?

Employees were recognized with the Extraordinary Service Award, the highest honor for staff.