East Cambridge Savings Bank donates $10,000 to Medford Recreation Program

September 08, 2017 - Financial Digest
Shown (from left) are: John Kirwan, Albert Pacheco, Arthur Spears, Patricia McGovern, Gilda Nogueira, mayor Stephanie Burke,
Lee Craig, Joseph Amoroso, Jr., and Daniel Leone.

Cambridge, MA East Cambridge Savings Bank president and chief executive officer Gilda Nogueira, joined by the bank’s board of directors executive committee, presented mayor Stephanie Burke of Medford with a $10,000 donation to support the Medford Summer Recreation Program. This program provides numerous activities, sports clinics and classes for Medford children, families and seniors during the summer months.

Through this program, Medford residents of all ages have the opportunity to access free outdoor activities. The Medford Summer Recreation Program includes passes to Wright’s Pond and Tufts pool, athletic clinics and yoga in the park. The highlight of the summer is the Parks Program which gives youth ages 5-16 an opportunity to get out and move, play and create during the summer months. Creative programs include filmmaking, electronic circuitry design and computing coding. 

Nogueira said, “East Cambridge Savings Bank has a long history of supporting initiatives that strengthen our communities and enrich the lives of local children and families. The Medford Summer Recreation Program ensures that all Medford residents, regardless of income or ability, can have access to a safe, fun and enjoyable summer.”

Mayor Burke reflected on the importance of partnering with businesses to support summer programs and said, “As a city, we are committed to providing programs and activities for our residents during the summer months and count on the support of business partners like East Cambridge Savings Bank,” said Burke. “This is a great example of a community based bank like East Cambridge Savings Bank making a direct and meaningful impact on its customers and Medford residents.”

The East Cambridge Savings Charitable Foundation supports nearly 40 nonprofit organizations in every community East Cambridge Savings Bank serves. 

East Cambridge Savings Bank is a full-service mutually-held savings bank that believes in connecting with customers. The bank was established in 1854 and is dedicated to providing businesses and individuals with a full line of banking services in the communities it serves. Headquartered in Cambridge, the bank has offices in Arlington, Belmont, Cambridge, Chelsea, Medford, Somerville, and Waltham, as well as an educational training facility at Cambridge Rindge and Latin School, Cambridge, Mass. The bank is a member of the Federal Deposit Insurance Corporation (FDIC) and the Depositors Insurance Fund (DIF) of Massachusetts.

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