In July 2007, the Niigata 2007 Chūetsu offshore earthquake hit Japan’s Niigata Prefecture, at the same time as the AP Bank Fes'07 music festival was taking place - itself cut from three days to one due to a typhoon. As a result of these two catastrophes, "AP Bank Fund" was created to provide funds for disaster relief, separate from AP Bank's regular lending operations. The "ap bank fund" was created in September 2007, and in June 2008 it provided relief funds for victims of the 2007 Chūetsu offshore earthquake, a devastating cyclone in Myanmar, and another major earthquake in Sichuan, China.