IndyMac Bank | 2001 Annual Report download PDF site map back to Shareholder Relations
Corporate Information Letter to Shareholders Financial Statements Our Business Risk Management
Organizational Structure Year In Review Mission & Beliefs Community Commitment Directors & Officers Shareholder Information
2001 Community Involvement
United Way September 11th
    Fund
$100,000
YMCA of Pasadena 55,500
Freddie Mac Foundation 25,000
Hope Through Housing
    Foundation
25,000
IndyMac “Mac Match”
    Employee Gift Match
25,000
Ettie Lee Youth & Family
    Services
20,000
San Gabriel Valley Boy Scouts 20,000
The Wellness Community 20,000
Kidspace Museum 15,000
NAACP 10,000
All other gifts 257,798
Total 2001 Corporate Giving $573,298
Total 2001 Employee Giving $118,000
Community Commitment
IndyMac’s commitment to excellence goes beyond the corporate boardroom and into the community. Through corporate giving programs and employee volunteerism, we are proud to support and build the communities where we do business.

Through its Corporate Giving Program, IndyMac provided nearly $700,000 in funding to support organizations as diverse as the September 11th Fund and the Los Angeles Urban League. A substantial portion of corporate philanthropy is directed at supporting youth programs and services that provide support for disadvantaged children and families in Southern California and other areas where IndyMac has operations.

As a regulated financial institution, IndyMac Bank is committed to excelling in its Community Reinvestment Act (CRA) obligations. While providing important services in our community, our CRA activities are consistent with our core focus on mortgage lending and provide solid returns. In 2001, the Company made a $2.5 million commitment to National Housing Development Corp.’s California Investment Pool to help preserve affordable multifamily housing in California. IndyMac Bank has also provided support for a variety of other housing-related nonprofit organizations that work to make the dream of home ownership possible for every American. Of the $17.5 billion in total loans funded by IndyMac Bank last year, 12.4% went to low-to-moderate income borrowers. Minority borrowers made up nearly 22% of our total loan production.

IndyMac employees rose to the occasion last year when the Company participated in its first United Way campaign. Committing more than $100,000 — over twice the amount of the previous record — IndyMac employees were awarded the agency’s “Best New Campaign” trophy.

Employees also raised thousands of dollars for local charities through Team IndyMac, an employee group that raises money by participating in recreational athletic competitions and fun runs. Such activities included the March of Dimes Walk America, the 8th annual Revlon Run/Walk for Women and the Walk for Diabetes. Employees are also eligible to participate in Mac Match, the Company’s charitable contribution matching program that matches dollar-for-dollar employee contributions to qualified charitable organizations of their choosing.

In addition to money, IndyMac employees volunteered hundreds of hours of their time for projects such as Habitat for Humanity, Rebuilding Together® Pasadena and Los Angeles Neighborhood Housing Services to build and rehabilitate housing for low-to-moderate income families.

In Southern California and in our corporate locations around the country, IndyMac and its employees are planting the Company’s roots firmly in the communities where they live and work. We are proud to do our part to build a better America.