Xylem (XYL) Announces $5M Investment in CNote

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Go back to Xylem (XYL) Announces $5M Investment in CNote

Xylem Invests $5 Million with CNote to Benefit Community Financial Institutions Serving Black and Underserved Communities in the U.S.

April 19, 2022 9:00 AM EDT

Part of Ongoing Commitment to Build a More Sustainable and Equitable Future

RYE BROOK, N.Y.--(BUSINESS WIRE)-- Xylem Inc. (NYSE: XYL), a leading global water technology company dedicated to solving the worlds most challenging water issues, announced today an initial commitment to invest $5 million of its on-hand capital in mission-driven financial institutions that strengthen and transform underserved communities. Initial investments include Bank of Cherokee County (Hulbert, OK), Hope Federal Credit Union (Jackson, MI), Legacy Bank and Trust (Springfield, MO), Self Help Credit Union (FL, NC,... More