Woburn-based Northern Bank employees, working in partnership with nonprofit Heading Home and its “Up & Out” program, helped a displaced family move into permanent housing in July.
Some community banks, including those that are mutually owned, have taken a further step in their philanthropic endeavors by setting up a charitable foundation that gives out grants separate from the bank’s earnings.
Hanscom Federal Credit Union started a charitable foundation seven years ago and in 2018 hired its first social responsibility manager, Laura Galeski.
It’s the rare company that has not donated financially toward a community project, but the positive impact a local business can make by contributing in other ways can extend far beyond the occasional novelty check.
South Shore Habitat for Humanity was the successful bidder in a proposal to construct a new three-bedroom affordable home on Electric Avenue in Easton. This is South Shore Habitat for Humanity’s fourth home built in Easton.
Citizens Bank announced yesterday that 15 nonprofit organizations in Massachusetts will receive $515,000 in contributions as part of the Citizens Helping Citizens Manage Money financial literacy initiative.
Every year, Banker & Tradesman sets out to recognize community bankers who stand out from their peers. These individuals not only excel in their careers, they also devote professional and personal time to making the communities they serve better places for all.