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Cambridge Savings Comes Up With Easy Donation Figure

Oct 19, 2009 | Reprints | Unlock Link | Print

Cambridge Savings Bank will give $175,000 to community based non-profit organizations across Eastern Massachusetts in celebration of its 175^th birthday.

Through its Cambridge Savings Charitable Foundation, the bank split $100,000 equally among four non-profits – the Housing Corp. of Arlington, along with HomeOwners Rehab Inc., Just-A-Start and The Salvation Army, all of Cambridge – while the public will be asked to award $75,000 to local housing non-profits via the bank’s Web site: http://www.cambridgesavings.com/.

"Cambridge Savings Bank is pleased to be in a very strong financial position, which allows us to commemorate our 175^th anniversary through support for local non-profit organizations," said Robert M. Wilson, president and CEO of Cambridge Savings.

Banking & Lending