Millbury Savings Bank donates $5,000 to Friends of the Millbury Seniors
Enables purchase of van for elderly and handicapped transportation in region.
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FRIENDS William J. Walsh, president and CEO, presents a ceremonial check in the amount of $5,000 to Judith O’Connor, director of the Friends of the Millbury Seniors. |
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MILLBURY, MASSACHUSETTS, June 1, 2007Millbury Savings Bank recently donated $5,000 to the Friends of the Millbury Seniors, enabling the organization to purchase a new, larger van to transport elderly and handicapped individuals within Millbury, Sutton, Grafton, Auburn and Worcester.
“The Friends’ van program provides a valuable service toward the care and well-being of hundreds of residents in need,” said William J. Walsh, Millbury Savings Bank president and chief executive officer. “Friends and neighbors in our community rely on this program, and we’re proud to be able to provide our support.”
The new 14-passenger van will replace an older 10-passenger vanone of three vehicles currently owned and operated by the Friends organization. Each of these vans, in addition to two vans operated by the Worcester Regional Transit Authority (WRTA), provides transportation to doctor’s appointments, shopping trips, and other errands for elderly and handicapped residents of the region. In 2006, the van program carried nearly 500 area residents on approximately 20,000 one-way rides. The vans also are loaned to church youth groups and other organizations in need of transportation for group trips. While Friends receives a grant from the Commonwealth of Massachusetts covering 80 percent of the new van’s cost, the organization must rely on charitable donations to fund the remaining amount.
“We’re grateful that Millbury Savings Bank has provided much-needed support for our ride program,” said Judith O’Connor, director of the Friends of the Millbury Seniors. “This new, larger van actually will help us increase our service to seniors and handicapped individuals in our community for at least the next five years.”
About Millbury Savings Bank
Millbury Savings Bank, with assets of more than $175 million, is a full-service, community-based, mutual savings bank with two offices located in Millbury. Established in 1854, the bank offers an array of savings and loan products for individuals, families, and small to mid-size businesses within Central Massachusetts. All deposits are insured by the Federal Deposit Insurance Corporation (FDIC) and the Depositors Insurance Fund (DIF). In May 2007, the bank received an exceptional performance award from Bauer Financial Reports, Inc., of Coral Gables, Floridathe nation’s leading independent bank rating and research firmrecognizing Millbury Savings Bank’s 69th consecutive quarter of five-star superior ratings.
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