Florence Bank Donates Toward YMCA Expansion
The pledge was made as part of the YMCA’s campaign to raise $1.5 million to expand its program space by developing an open-air gymnasium.
Santander Commits $2.5M to City Year
The parent company of Santander Bank has committed $2.5 million in funding over three years to Boston-based City Year, which supports U.S. public schools that are considered under-resourced.
M&T Launches Charitable Fund in People’s United Footprint
Buffalo-based M&T Bank plans to provide $25 million in philanthropic giving as part of a three-year investment in the communities where People’s United Bank operated.
Eastern Bank Foundation Gives Another $280K for COVID Relief
Eastern Bank’s philanthropic foundation will donate an additional $280,000 toward COVID-19 relief initiatives, bringing the foundation’s total COVID-related giving to more than $15 million.
Diversity is Not a Cost Center
Since George Floyd’s death, many banks have leapt forward with billions in pledges to communities of color. Those actions should be praised, but lenders must look beyond addressing racial diversity and economic inequality with charity if they want to thrive in a changing America.
When Innovation Meets Charity
Two Boston-area banks are stepping outside longstanding industry traditions of donating to local organizations and volunteering for community causes with major philanthropy initiatives that could have long-term impacts on Massachusetts’ economy.
Middlesex Savings Gives Away $742K to Local Nonprofits
Middlesex Savings Bank’s private charitable foundation has awarded more than $700,000 in grants to nonprofit organizations in eastern and central Massachusetts.
Boost Your Charitable Giving With The CITC
The holiday season is a time to appreciate loved ones and good fortunes, and it often comes with a renewed enthusiasm for giving back.
Volunteers Serve Communities Across The Commonwealth
Each year Banker & Tradesman compiles a snapshot of the good work done by professionals in the finance and real estate industries to celebrate the season of giving and receiving.
