Millbury Savings Bank commits $30,000 to fuel fund
In time for this winter’s home heating season, Millbury Savings Bank has contributed another $30,000 to the Community Energy Assistance Program, a fund the bank established in 2005 to help eligible residents pay their home heating costs. This brings the bank’s total contributions to the program to $105,000.
“Over the past three years, the energy assistance program has been critical in helping local families meet the ever increasing costs of heating their homes,” said William J. Walsh, Millbury Savings Bank’s president and chief executive officer. “We’re happy to be able to offer some assistance.”
The program provides fuel assistance to households in the bank’s lending area that meet federal guidelines for low-income individuals. For qualifying applicants, Millbury Savings Bank will pay up to $350 for oil and up to $300 for natural gas or electric directly to the energy supplier. The program is coordinated through the Millbury Senior Center, but is not limited to senior citizens or Millbury residents.
Last winter, more than 70 area families received assistance.
Eligible properties include owner-occupied, single-family residences or apartments. Ineligible properties include subsidized housing, multi-family housing producing rental income (even if owner-occupied), and apartments that include heat as part of the rent.
To apply, or to determine if you are eligible, contact the program’s local coordinator, Judith O’Connor, executive director of the Friends of the Millbury Seniors, at the Millbury Senior Center, 1 River Street, (508) 865-9247.
About Millbury Savings Bank’s Charitable Giving Program
Millbury Savings Bank has made a significant and long-standing commitment to give back to the neighborhoods it serves. Through its charitable giving program, the bank has provided much-needed financial support to community organizations in Central Massachusetts. In fact, since 1995, Millbury Savings Bank has contributed over $750,000 to local charitable and civic organizations, youth and senior citizen groups, and other non-profit organizations.
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