Canadian Western Bank Group (TSX:CWB) and the YMCA of Northern Alberta (formerly YMCA of Edmonton) have set up the Larry Pollock Youth Recreation Endowment Fund, to provide financial support to youth that otherwise might not be able to participate in the YMCA’s local programming.

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The endowment fund, and an initial $200,000 investment, were announced in June, as friends, family, and past and present employees and clients of CWB Group joined together to celebrate Larry Pollock’s tcareer as president and CEO. Together, approximately 285 attendees donated just over $80,000, a number that was matched by CWB Group. Pollack contributed an additional $40,000 on behalf of his family to round out the total investment.

“In celebrating Larry’s 23 years of leadership as president and CEO of CWB Group, it simply felt natural to create a legacy involving a cause that has been close to his heart for so many years,” said Tracey Ball, executive vice president and chief financial ifficer of CWB Group. “This YMCA endowment fund is a meaningful and lasting way to honour Larry’s highly successful career and his extensive contributions to Edmonton and Northern Alberta. The community support in helping us to establish this fund was very exciting and we are thankful to all involved.”

After officially retiring as CEO in March, Pollack will serve as an advisor to CWB Group’s board of directors for the next two years.