October 21, 2014

Essex Savings Bank Announces Community Investment Program Results

Essex– Results of the recent voting by Essex Savings Bank customers who participated in the Bank’s Community Investment Program were announced at a meeting of employees, directors and trustees at the Bank’s Plains Road Office on Wednesday, April 17, 2013.  The Top Ten Winners in attendance received special recognition.

The customer balloting portion of Essex Savings Bank’s 2013 Community Investment Program, began on February 1 and concluded on March 15.  During the first phase of the program, the Bank’s customers were asked to select from a list of 71 qualified non-profit organizations that made application to the bank.

Gregory R. Shook, President and Chief Executive Officer of Essex Savings Bank stated, “Our Community Investment Program is designed to provide vital financial support and visibility to these dedicated organizations and their people who enhance the quality of life in our communities.”

Each year the bank donates 10% of its after tax net income to non-profit organizations within the immediate market area consisting of Chester, Deep River, Essex, Lyme, Madison, Old Lyme, Old Saybrook and Westbrook.   According to Thomas Lindner, Vice President and Community Relations Officer for Essex Savings Bank, 7,180 votes were cast this year.  Mr. Lindner stated that $77,400 is to be disbursed during the month of April based on ballot results.  The remaining $180,591 will be distributed over the year by the Director’s, Senior Management and Branch Managers.  By year end 2013, $257,991 will have been allocated to over 200 organizations bringing the total distribution since the inception of the program in 1996 to $3,673,544.

Essex Savings Bank is a FDIC insured, state chartered, mutual savings bank established in 1851.  The Bank serves the Connecticut River Valley and Shoreline with six offices in Essex (2), Chester, Madison, Old Lyme and Old Saybrook.  Financial, estate, insurance and retirement planning are offered throughout the state by the Bank’s Trust Department and subsidiary Essex Financial Services, Inc. Member FINRA, SIPC.  Investments in stocks, bonds, mutual funds and annuities are not FDIC insured, may lose value, are not a deposit, have no Bank guarantee and are not insured by any Federal Government Agency.

RESULTS OF ESSEX SAVINGS BANK CUSTOMER BALLOTING COMMUNITY INVESTMENT PROGRAM 2013

 

Organization

# Votes

$

Amount

1

The Shoreline Soup Kitchens & Pantries

708

$7,632

2

Valley Shore Animal Welfare League

391

$4,215

3

Forgotten Felines, Inc.

328

$3,536

4

Old Saybrook Fire Company Number One, Inc.

287

$3,094

5

Estuary Council of Seniors, Inc. – Meals on Wheels

275

$2,964

6

Tait’s Every Animal Matters (TEAM)

263

$2,835

7

Pet Connections, Inc.

215

$2,318

8

Essex Library Association

212

$2,285

9

Bikes For Kids, Inc.

184

$1,983

10

The Lyme Fire Company, Inc.

171

$1,843

11

Camp Hazen YMCA

170

$1,833

12

Old Lyme Fire Department, Inc.

155

$1,671

13

Bushy Hill Nature Center

154

$1,660

14

Lyme Ambulance Association, Inc.

151

$1,628

15

Ivoryton Library Association

139

$1,498

16

Child & Family Agency of Southeastern Connecticut, Inc.

138

$1,488

17

Ivoryton Playhouse Foundation, Inc.

136

$1,466

18

Tri-Town Youth Services Bureau, Inc.

115

$1,240

19

Essex Community Fund, Inc.

114

$1,229

20

Friends of the Acton Public Library

112

$1,207

21

Lyme Land Conservation Trust, Inc.

111

$1,197

22

Deep River Ambulance Association, Inc.

110

$1,186

23

Graduation Night, Inc. – Old Saybrook

108

$1,164

24

Old Saybrook Education Foundation

108

$1,164

25

Old Lyme-Phoebe Griffin Noyes Library Association

102

$1,100

26

The Connecticut River Museum at Steamboat Dock

91

$981

27

Chester Historical Society

85

$916

28

Old Lyme Land Trust, Inc.

84

$905

29

Old Lyme Visiting Nurse Association, Inc.

82

$884

30

Literacy Volunteers – Valley Shore, CT, Inc.

74

$798

31

Lymes’ Youth Service Bureau

73

$787

32

Community Music School

72

$776

33

Westbrook Youth and Family Services, Inc.

72

$776

34

Lyme Public Library, Inc.

68

$733

35

Deep River Junior Ancient Fife & Drum Corps, Inc.

67

$722

36

Friends of the Chester Public Library, Inc.

66

$711

37

Essex Elementary School Parent-Teacher Organization, Inc.

64

$690

38

Essex Historical Society, Inc.

62

$668

39

Old Saybrook Historical Society

59

$636

40

Essex Garden Club, Inc.

58

$625

41

Florence Griswold Museum

57

$614

42

Friends of Hammonasset, Inc.

57

$614

43

Common Good Gardens, Inc.

56

$604

44

Maritime Education Network, Inc.

52

$561

45

Old Lyme South End Volunteer Association, Inc.

51

$550

46

Friends of the Deep River Public Library, Inc.

50

$539

47

Lyme Art Association, Inc.

48

$517

 

Organization

# Votes

$

Amount

48

Lyme Public Hall Association, Inc.

47

$507

49

Scranton Library, Madison (E.C. Scranton Memorial Library)

47

$507

50

Vista Vocational & Life Skills Center, Inc.

47

$507

51

Westbrook Project Graduation, Inc.

47

$507

52

Madison Ambulance Association, Inc.

44

$474

53

Friends In Service Here (F.I.S.H.)

43

$464

54

Lyme-Old Lyme Education Foundation

41

$442

55

Hope Partnership, Inc.

39

$420

56

Cappella Cantorum

38

$410

57

Camp Claire, Inc.

35

$377

58

Con Brio Choral Society, Inc.

34

$367

59

Lyme Consolidated School Parent-Teacher Organization (PTO)

34

$367

60

Ruth Ann Heller Music Foundation

32

$345

61

Old Lyme Historical Society, Inc.

31

$334

62

Friends of the Valley Railroad, Inc.

29

$313

63

The Country School, Inc.

28

$302

64

Friends of Madison Youth, Inc.

27

$291

65

Old Saybrook Community Foundation, Inc.

27

$291

66

Lyme Academy College of Fine Arts

25

$269

67

Act II Thrift Shop, Inc.

20

$216

68

Madison Historical Society, Inc.

17

$183

69

Lyme-Old Lyme Junior Women’s Club (LOLJWC)

15

$162

70

Tracy Art Center, Inc.

15

$162

71

Connecticut Audubon Society Eco Travel

13

$140