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DaVita Launches Minority Bank Initiative with $5 Million Investment in Underserved Communities Across the Country
Date:11/23/2009

nce its inception in 1999.

These institutions deliver essential banking and financial services that have contributed greatly to the growth and development of under-served communities.

B. Doyle Mitchell, President and CEO of Industrial Bank of Washington, welcomed DaVita's generous investment which, he said, would enhance Industrial Bank's community-focused initiatives. "We look forward to a successful partnership with DaVita," said Mitchell. "Industrial Bank has a strong legacy of community involvement and economic development and our partnership with DaVita is a vital step toward our goal of helping our clients achieve their financial dreams."

Announcement of DaVita's investment is being made in conjunction with a series of community-based open houses where residents will be provided immediate assistance with free kidney health risk assessments and educated on the risk factors for kidney disease including high blood pressure, diabetes and obesity.

Each year, more than 100,000 Americans are diagnosed with End Stage Renal Disease (ESRD) -- or kidney failure -- and require dialysis or a kidney transplant in order to survive. Today, approximately 527,000 patients in the United States are living with kidney failure -- more than half of whom are minorities. Today residents of Washington, D.C.'s Anacostia neighborhood were screened for and educated on the leading risk factors for kidney failure.

The National Minority Bank Initiative was developed by DaVita to help the company participate in the revitalization of under-served communities. The partnership is designed to support efforts and outreach to minorities in communities served by both the minority-owned banks and DaVita.

Michael Grant, President of the National Bankers Association, a vital trade organization representing minority and women-owned financial institutions, lauded DaVita for its corporate responsibility and for its investment
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