Doral Bank Vice President Receives Community Service Award From Urban Revitalization Equity

Doral Bank Vice President Receives Community Service Award From Urban 
Revitalization Equity 
PANAMA CITY, FL -- (Marketwired) -- 09/25/13 --  Doral Bank, a
subsidiary of Doral Financial Corporation (NYSE: DRL), today
announced that Steve Bornhoft, Doral Bank Florida's marketing
director, received a community service award from the Advisory
Committee for Urban Revitalization Equity (ACURE), a civil-rights
organization based in Panama City, FL. 
ACURE cited Bornhoft for his volunteer efforts on behalf of several
schools and charities, his contributions as a freelance journalist
bringing public attention to deserving causes, and his work as a
mentor in the life of a middle-school student. 
"Steve is an incredible asset to our community. His volunteer work
supports the development of children, helps the health and well-being
of the vulnerable, and promotes the goals of our community focused
organization," said Valerie Mincey, a member of ACURE's executive
committee. Mincey is the president and chief executive officer of the
Bay AIDS Service and Information Coalition, an organization dedicated
to combating the spread of HIV/AIDS. Bornhoft serves as chairman of
BASIC's board of directors. 
"We need people like Steve to take the time to work with kids who
need just a little bit more support," said Charlotte Marshall, a
middle school principal and ACURE executive committee member. "Over
the course of his time with one student, Steve went beyond the call
of duty. He provided the support that the student needed to believe
that he could succeed and instilled confidence and a sense of
responsibility in this student, directly impacting his school
performance." Bornhoft is a regular participant in the "Every Child:
One Promise" program that works with children of incarcerated
"We congratulate Steve on receiving a community service award from
ACURE and take great pride in his accomplishments," said Raymond
Powell, President of Doral Bank's Southeast Region. "Steve embodies
that which we as an organization strive for on a daily basis -- to
best serve the members of our respective communities." 
In addition to his role at BASIC and Every Child, Bornhoft serves as
the chairman of the school advisory council at Haney Technical
Center, a vocational/technical center, a school board member and
treasurer at Chautauqua Learn & Serve Charter School, a charter
school serving disabled young adults, and on the development
committee and as an adjunct professor at Florida State
University-Panama City. He received the university's coveted "Notable
'Nole" award in November 2010. 
"I am honored and humbled by ACURE's recognition," Bornhoft said.
"This award represents the work of an entire community striving to
improve the lives of its members. Doral is proud to be a community
banking institution and, as such, it has always encouraged me and my
fellow employees to be active in our respective communities. Together
we can, and will, continue to affect positive change throughout our
ACURE, established in 1983, awards scholarships to minority students
and gives voice to concerns of the black community. It was
instrumental in bringing about changes to voting laws that made
possible the election of a black resident for the first time to the
City Commission in Panama City.  
To learn more about Doral's community initiatives, please visit 
About Doral Bank
 Doral Bank is a leading community bank serving
Puerto Rico and the US mainland with branches in Florida and New
York, as well as the entire mainland U.S. through its national online
bank, Doral Direct. Doral Bank is a member of the FDIC and a wholly
owned subsidiary of Doral Financial Corporation (NYSE: DRL).  
For more information contact: 
Lucienne Gigante
SVP Public Relations & Marketing 
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