FirstBank, one of the nation’s largest privately held banks, today announced a video contest that will award a $20,000 cash prize and personalized marketing campaign to two grand prize winners. With FirstBank’s tagline of ‘banking for good’ in mind, entrants are asked to submit a video demonstrating how they “do good.”

Here’s how the contest works:

• For-profit businesses in Colorado and Maricopa County, Ariz., are encouraged to submit a two-minute video via www.efirstbank.com/BusinessContest explaining how their organization is committed to positively impacting customers, communities, or employees.

• The bank will accept submissions from Oct. 1-24, after which five finalists will be selected from each market.

• After the finalists are identified, a popular vote will determine two grand prize winners and two runners-up. Anyone with a Facebook account will be able to cast a vote from Nov. 5-10, at www.efirstbank.com/BusinessContest.

• One winner and one runner-up will be selected from Colorado and Maricopa County, Ariz., and announced on Tuesday, Nov. 13. 

“Businesses that make community involvement a key part of their company identity deserve to be recognized, celebrated and supported,” said Jim Reuter, CEO of FirstBank. “We created the $20K Good Business Giveaway to do just that, and we’re eager to share these organizations’ inspiring stories.” 

In addition to winning $20,000, FirstBank will work with grand prize winners to promote and feature their business on a variety of online, email, and social channels as part of a larger effort to bring awareness to their organization and help grow their customer-base.

“As a company, we believe in banking for good, and strive to benefit those around us,” said Bryce Lloyd, Phoenix Market President of FirstBank. “We know that so many local businesses share this commitment, and look forward to rewarding a company that is making a positive impact in our community.” 

For official rules and submission requirements, visit www.efirstbank.com/BusinessContest.