ESSEX – Gregory R. Shook, President & CEO of Essex Savings Bank announced the completion of distribution from the Directors’ portion of the Community Investment Fund amounting to $44,000. Amounts range from $10,000 to $500. Total distributions for the year will amount to $223,373 and $3.9 million since the 1996 inception of distributing 10% of after tax net income. Donations for this portion have been allocated to the following non-profit organizations.
Camp Hazen YMCA * The Chester Historical Society, Inc. * Child & Family Agency of Southeastern Connecticut, Inc. * Community Foundation of Middlesex County * Connecticut River Museum at Steamboat Dock * The Deep River Historical Society * Essex Historical Society * Essex Land Trust * Essex Winter Series * Florence Griswold Museum * The Ivoryton Library Association * Katharine Hepburn Cultural Arts Center & Theatre * Lawrence & Memorial Hospital * Lyme Academy College of Fine Arts * Lyme Art Association * Lyme Land Conservation Trust, Inc. * Lyme Public Library, Inc. * Lymes’ Youth Service Bureau * MacCurdy Salisbury Educational Foundation, Inc. * Madison Community Services, Inc. * Madison Land Conservation Trust * Middlesex Hospital * Musical Masterworks * The Old Lyme-Phoebe Griffin Noyes Library Association, Inc. * Rotary Club of Essex Foundation * Tri-Town Youth Service Bureau, Inc. * Valley Shore YMCA * Vista (Vocational Independent Supported Transitional Alternative).
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 wholly-owned subsidiary, Essex Financial Services, Inc., Member FINRA, SIPC. Investments in stocks, bonds, mutual funds and annuities are not FDIC insured, may lose value and are not a deposit, have no Bank guarantee and are not insured by any Federal Government Agency.