New Partnership Supports Development of Larger Facility to Address Food Insecurity in Wilmington Area

nCino, Inc. (NASDAQ: NCNO), a pioneer in cloud banking and digital transformation solutions for the global financial services industry, today announced its partnership with the Food Bank of Central & Eastern North Carolina in order to help the organization expand its food relief efforts and ensure substantial growth in its nutrition services, food access, and distribution throughout southeastern North Carolina.

“The Food Bank at Wilmington is a valuable partner that provides a critical service for thousands of people in our area who suffer from food insecurity,” said Wilmington Mayor Bill Saffo. “From working families, to seniors on fixed incomes, to children and teens who live at home or are working their way through college, everyone deserves access to nutritious food daily. This new partnership between nCino and the Food Bank of Central & Eastern North Carolina will help expand services and is an important step forward in the fight to end hunger in our region.”

nCino will provide a donation of $1 million dollars total over a five-year period, to support the development of the soon to be named nCino Hunger Solutions Center, the Food Bank’s new facility in Wilmington at 1000 Greenfield Street. Construction of the new facility is a critical step toward bolstering the Food Bank’s capacities to address urgent food insecurity throughout Brunswick, Columbus, New Hanover, and Pender counties in North Carolina. To implement long-term solutions for hunger relief, the new facility also plans to work with community partners to offer comprehensive programing in workforce development opportunities and health education, a community garden, and a teaching kitchen. The Food Bank’s plan is to break ground later in 2021 for a facility that would open in 2022.

“The pandemic has clearly shown that food insecurity is a defined reality for thousands in our community,” added Beth Gaglione, Branch Director at the Food Bank of Central & Eastern North Carolina. “Insufficient space has prevented us from increasing our efforts to nourish more people and build solutions to end hunger. With nCino’s generous partnership and support, we are one huge step closer to bringing our new facility to life and bolstering our ability to help those most in need in our community.”

Since 2002, the Food Bank at Wilmington has provided more than 150 million pounds of food across its service area, an investment valued at nearly $200 million. While the organization distributed nearly 11 million pounds of food last year, the COVID-19 pandemic has had a serious and widespread impact on food access, driving an estimated 35 percent increase in visits to Food Bank partner food pantries. The new facility – approximately 35,000 square feet, or 190% larger than the Food Bank’s current facility – will accommodate distribution of an additional 4.2 million pounds of food annually, a 37 percent increase in overall distribution.

“For decades, the Food Bank at Wilmington has been a pillar of support for this community in the fight against food insecurity, and we’re proud to broaden our partnership to support their important work,” said Zedrick Applin, Program Manager of Diversity, Equity, Inclusion & Community at nCino. “As a company that has been based in Wilmington for nearly a decade, we’re committed to giving back to impactful community institutions and supporting our neighbors throughout the region.”