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Finance
Posted: January 13, 2017
East Cambridge Savings Bank raises money for fuel assistance program
Cambridge, MA East Cambridge Savings Bank sold branded piggy banks this holiday season. The piggy banks cost $10 and the bank made a donation to Citizens Energy Corp.’s fuel assistance program. Donations will help local families in need of fuel assistance in the community.
Citizens Energy Corp., a Boston-based non-profit founded in 1979 by former congressman Joseph Kennedy II, has a long history of using revenues from successful commercial energy ventures to finance charitable programs to help the poor. Starting in the oil and natural gas industries, Citizens also launched innovative businesses in the health care, electricity trading and energy conservation fields.
More recently, the company expanded into the solar, wind and transmission industries – in every case using profits from its ventures to help the poor wherever it operates.
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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