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Veteran family with children

Spotlight: Sterling National Bank Invests in a Brighter Future for At-Risk Veterans

From volunteerism and philanthropy to strategic partnerships, Sterling demonstrates its commitment to the well-being of ex-military in need.

According to the National Federation to End Homelessness, there were more than 37,000 veterans nationwide experiencing homelessness in January of 2020. Even more troubling, more than 15,000 of these homeless veterans were living completely unsheltered. While homelessness among veterans in New York has decreased dramatically over the course of the last decade—decreasing by nearly 98 percent since 2011—the fact remains that when it comes to those willing to make the ultimate sacrifice for this country, not one of them should face a future of homelessness, poverty, or housing insecurity.

Sterling National Bank recognizes this fact and has long demonstrated its commitment to projects and organizations that serve veterans in need throughout Greater New York. Sterling is helping local not-for-profits curb homelessness among veterans and promote brighter futures for some of our nation’s bravest and most selfless citizens.

Learn about three organizations Sterling National Bank is actively supporting through volunteerism, philanthropy, and community support to promote positive living for at-risk veterans.

ROCKLAND HOMES FOR HEROES

Founded in 2009, Rockland Homes for Heroes (RH4H) is a 501c3 charitable organization that develops permanent supportive housing for honorably discharged veterans, both male and female, who are homeless, disabled, or at risk of homelessness in New York’s Mid-Hudson Valley.

Sterling National Bank has been a proud partner to the organization, helping the developer to secure significant affordable housing subsidies awarded by the Federal Home Loan Bank of New York in support of its Orangetown development at the previous site of Camp Shanks, the world’s largest WWII Port of Embarkation/Staging Area. RH4H is currently in Phase II of the project, which will add an additional 14 apartment-style supportive housing units for veterans in need—bringing the development’s total to 22 units. 

UNITED VETERANS BEACON HOUSE

As many veterans and their families strive to develop and maintain productive lives, United Veterans Beacon House provides essential services to assist in the journey toward sustainable independence. Headquartered in Bay Shore, Beacon House provides housing in 47 locations throughout Nassau and Suffolk counties, benefitting more than 350 men, women, and children from the tri-state area. In addition to housing, residents benefit from programs that address homelessness, physical disabilities, Post-Traumatic Stress Disorder (PTSD), Traumatic Brain Injury, mental health issues, and addiction.

In 2020, Sterling National Bank provided the organization with $15,000 to provide needed supplies for the organization’s homeless shelters. This funding was also used to assist with staffing, food supplies, transportation (to and from medical appointments), and other essential supports for the vulnerable population they serve.

AMERICAN CORPORATE PARTNERS

One of the greatest transition challenges reported by veterans is deciding on a career path as well as translating their military skills into a career. American Corporate Partners (ACP) is a national non-profit organization that has helped more than 18,000 veterans transition to the private sector through one-on-one mentoring with business leaders, networking, and online career advice.

In 2020, volunteers from Sterling National Bank partnered with ACP to support post-9/11 veterans, active-duty spouses and eligible military spouses for a year of free mentoring. Through their participation—amidst an ongoing pandemic—Sterling colleagues were able to assist veterans and eligible spouses realize their goals of fulfilling, long-term careers.

To learn more about how Sterling National Bank is investing time and resources to promote vibrant and resilient communities, visit our Community Development page.

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