ARMCO Expands Philanthropic Efforts To Support COVID-19 Relief And Racial Equality

Jun 11, 2020

ACES Risk Management (ARMCO) expanded its corporate philanthropic initiative, ARMCO CARES, to support employees’ charitable giving and volunteer efforts in response to the COVID-19 pandemic and recently added contributions advocating for racial equality. The program includes a $100 donation by ARMCO to a registered charity of each employee’s choosing in addition to corporate matching. To date, ARMCO and its employees have contributed to nearly two dozen different charitable organizations addressing issues related to COVID-19 and racial inequality.

"We reopened the program for the year during the pandemic, and in the midst of that, we sadly experienced yet another act of police brutality,” said ARMCO CEO Trevor Gauthier. “There is no better time to focus on charitable organizations assisting with positive change in the world.”

Launched in 2018, ARMCO CARES is a philanthropic initiative established by ACES Risk Management to enable employees to share in the firm’s success by contributing financially to charities and causes. The program offers a dollar-for-dollar match of employee donations to a U.S.-registered 501(c)(3) charitable organization of the employee’s choice and also supports employees’ wellness and community involvement programs.

About the author

NationalMortgageProfessional.com

Link copied

Published

Jun 11, 2020

Courts

LoanSnap Officially Loses Connecticut License

The AI mortgage startup formerly faced a cease and desist and a consent order from the State of Connecticut.

LoanSnap, Inc., an AI-powered mortgage startup, has had its license to operate revoked in Connecticut, according to a new Consent Order executed by the State's Banking Commissioner, Jorge Perez, on Oct. 2. The news follows LoanSnap's violation of a previous order, enacted in...

Analysis and Data

Mortgage Applications Fall After Rate-Jump

Refinance applications still 159% higher on an annual basis, reflecting last year's record lows

In the wake of a positive jobs report and subsequent rise in mortgage rates, more prospective borrowers held back this past week. Mortgage applications fell by 5.1% the week ending October 4, according to data from the Mortgage Bankers Association’s (MBA) Weekly Applicati...