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Ion Bank News
Web Site:
http://www.ionbank.com
- East Side
1336 East Main St.,
Meriden, CT 06450
Tel: (203) 639-8866
Fax: (203) 317-3859
Ion Bank is an independent community-based bank committed to providing a full line of consumer and business products and services.
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Naugatuck Savings Bank Customers to Allocate $50,000 in Foundation Grants
January 8, 2013
Naugatuck Savings Bank Customers to Allocate $50,000 in Foundation Grants Fourth Annual Community Awards Program Recognizes Local Organizations Naugatuck, CT January 7, 2013 The Naugatuck Savings Bank Foundation is pleased to announce the Fourth Annual Community Awards Program which allows Naugatuck Savings Bank customers to decide how the Foundation awards $50,000 in grant money to local 501(c)(3) non-profit and charitable organizations. Last year the Foundation awarded grants to 35 local charities under this program.As a leading corporate citizen, we believe we have a responsibility to help the communities we live in by assisting non-profit organizations meet their funding needs stated Charles J. Boulier III, President and CEO of Naugatuck Savings Bank. We value the opinions of our customers so our Foundation wants them to help us determine what local organizations are most deserving of grant money.
The Fourth Annual Community Awards program is open to each Naugatuck Savings Bank customer to cast one vote for any local non-profit or charitable organization they would like to recommend to receive grant money. Customers can vote online at naugatucksavingsbank.com or in any of our 17 branch offices. Voting will take place from January 2 through March 31, 2013. The votes will be tabulated in April 2013 and those organizations with the required 1% of total votes will receive a proportional share of the $50,000 with a maximum award of $5,000 per organization. Also, there will be a special award of $500 to six randomly selected eligible organizations that receive less than the required 1% of the votes.
About the Naugatuck Savings Bank Foundation Devoted to our local communities, the Naugatuck Savings Bank Foundation was founded in 1998. Since its inception, the Foundation's cumulative grants have exceeded $4 million to deserving non-profit organization to support a broad range of programs and services that are consistent with the Foundation's mission to contribute to the betterment of the communities it serves. The Foundation considers a broad range of requests to assist and promote economic development, human services, education and the arts.
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