August 2, 2014

Essex Savings Bank Announces Community Investment Program Balloting 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 Thursday, April 17, 2014.

The Top Ten Winners in attendance received special recognition.

The customer balloting portion of Essex Savings Bank’s 2014 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 85 qualified non-profit organizations that made application to the Bank.

Gregory R. Shook, President and Chief Executive Officer of Essex Savings Bank stated, “At Essex Savings Bank, we believe the way to move the world forward is by giving back.  Our Community Investment Program is designed to provide vital financial support to those organizations that 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, 8,481 votes were cast this year.  Mr. Lindner stated that $67,013 is to be disbursed during the month of April based on ballot results.  The remaining $156,360 will be distributed over the year by the Directors, Senior Management, Branch Managers and Essex Financial Services.  By year end 2014, $223,373 will have been allocated to over 200 organizations bringing the total distribution since the inception of the program in 1996 to $3,896,917.

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.

 

Organization # Votes $Amount
1 The Shoreline Soup Kitchens & Pantries 801  $       6,329
2 Forgotten Felines, Inc. 437           3,453
3 Valley Shore Animal Welfare League 294           2,323
4 High Hopes Therapeutic Riding, Inc. 287           2,268
5 Tait’s Every Animal Matters (TEAM) 287           2,268
6 Estuary Council of Seniors, Inc. – Meals on Wheels 281           2,220
7 Old Saybrook Fire Company Number One, Inc. 261           2,062
8 Pet Connections, Inc. 217           1,715
9 Dog Days Adoption Events, Inc. 210           1,659
10 Essex Fire Engine Company #1 210           1,659
11 Camp Hazen YMCA 191           1,509
12 Bikes for Kids, Inc. 189           1,493
13 Essex Library Association 166           1,312
14 Essex Ambulance Association, Inc. 164           1,296
15 Visiting Nurses of the Lower Valley, Inc. (VNLV) 158           1,248
16 Ivoryton Playhouse Foundation, Inc. 155           1,225
17 Lyme Ambulance Association, Inc. 151           1,193
18 Bushy Hill Nature Center 148           1,169
19 The Lyme Fire Company, Inc. 145           1,146
20 Graduation Night, Inc. – Old Saybrook 128           1,011
21 Valley-Shore YMCA 128           1,011
22 Old Lyme-Phoebe Griffin Noyes Library Association 115              909
23 Lyme Land Conservation Trust, Inc. 112              885
24 Old Saybrook Land Trust, Inc. 108              853
25 The Deep River Fire Department 102              806
26 Friends of the Acton Public Library 96              759
27 Literacy Volunteers – Valley Shore, CT, Inc. 93              735
28 Chester Historical Society 91              719
29 Community Music School 87              687
30 The Connecticut River Museum at Steamboat Dock 87              687
31 Tri-Town Youth Services Bureau, Inc. 85              672
32 Old Saybrook Historical Society 83              656
33 Deep River Ambulance Association, Inc. 82              648
34 Lyme-Old Lyme Education Foundation 79              624
35 Common Good Gardens, Inc. 77              608
36 Friends of Hammonasset, Inc. 76              601
37 The Katharine Hepburn Cultural Arts Center, Inc. 76              601
38 Essex Elementary School Foundation, Inc. 73              577
39 Essex Community Fund, Inc. 72              569
40 Old Saybrook Education Foundation 72              569
41 The Region 4 Education Foundation, Inc. (R4EF) 72              569
42 Florence Griswold Museum 69              545
43 Lyme Public Library, Inc. 69              545
44 Valley Baseball-Softball Booster Club, Inc. 67              529
45 Lyme Art Association, Inc. 66              521
46 Lyme-Old Lyme Safe Graduation Party, Inc. 64              506
47 Essex Historical Society, Inc. 62              490

 

Organization # Votes $Amount
48 Madison Community Services, Inc. 60              474
49 Old Lyme Historical Society, Inc. 60              474
50 Westbrook Youth and Family Services, Inc. 59              466
51 Old Lyme Children’s Learning Center, Inc. 58              458
52 Chester Land Trust, Inc. 56              442
53 Lyme Public Hall Association, Inc. 54              427
54 Friends of the Chester Public Library, Inc. 51              403
55 Deep River Historical Society, Inc. 49              387
56 Sister Cities Essex Haiti, Inc. 47              371
57 Scranton Library, Madison (aka E.C. Scranton Memorial Library) 45              356
58 CDE (Chester, Deep River, Essex) Cooperative Nursery School 44              348
59 Westbrook Project Graduation, Inc. 43              340
60 Friends In Service Here (F.I.S.H.) 42              332
61 Vista Vocational & Life Skills Center, Inc. 41              324
62 The Country School, Inc. 40              316
63 Deep River Junior Ancient Fife & Drum Corps, Inc. 39              308
64 Madison Ambulance Association, Inc. 38              300
65 Act II Thrift Shop, Inc. 35              277
66 Essex Elementary School Parent-Teacher Organization, Inc. 35              277
67 Maritime Education Network, Inc. 35              277
68 Brazilian and American Youth Cultural Exchange (BRAYCE) 34              269
69 Lymes’ Elderly Housing, Inc. (Lymewood) 34              269
70 Camp Claire, Inc. 30              237
71 Hope Partnership, Inc. 30              237
72 Deep River Land Trust, Inc. 27              213
73 The Madison ABC Program, Incorporated (aka Madison A Better Chance, Inc.) 27              213
74 The Touchdown Club, Inc. (Valley Regional High School/    Old Lyme High School Football) 26              205
75 Madison Land Conservation Trust, Inc. 24              190
76 Deep River Elementary PTO, Inc. 23              182
77 Essex Winter Series, Inc. 23              182
78 The Essex Art Association, Incorporated 22              174
79 Musical Masterworks, Inc. 21              166
80 Potapaug Audubon Society 19              150
81 The Woman’s Exchange of Old Lyme 16              126
82 Tracy Art Center, Inc. 15              119
83 The Madison Foundation, Inc. 14              111
84 Madison Historical Society, Inc. 13              103
85 The Deacon John Grave Foundation 9                71