July 4, 2022

Essex Savings Bank to Contribute $244,000 to Charity

Essex, CT — Gregory R. Shook, President & Chief Executive Officer of Essex Savings Bank announced Jan. 14 ; “We are extremely proud to report available contributions of $244,000 from our Community Investment Program in our 160th anniversary year.” 

The Bank annually commits 10% of its after tax net income to qualifying organizations within the immediate market area consisting of  Chester, Deep River, Essex, Lyme, Madison, Old Lyme, Old Saybrook and Westbrook. 

This program provides financial support to over 200 non-profit organizations who offer outstanding services to the ever increasing needs of our communities.  By year end, a total of $3,161,000 will have been distributed since inception in 1996. 

Essex Savings Bank customers determine 30% of the fund allocations each year by voting directly for three of their favorite causes, charities or organizations who have submitted applications to participate.  Ballots will be available at all Essex Savings Bank Offices between February 1 and March 15 to determine an allocation of $73,000.  The Bank’s Directors, Senior Officers and Branch Managers distribute the remaining 70%, or $170,600.

Organizations (83) qualifying to appear on the 2011 ballot include:

Act II Thrift Shop, Inc. The Lyme Fire Company, Inc.
Brazilian and American Youth Cultural Exchange (BRAYCE) Lyme Land Conservation Trust, Inc.
Bushy Hill Nature Center Lyme-Old Lyme Education Foundation
Camp Claire, Inc. Lyme-Old Lyme Junior Women’s Club
Camp Hazen YMCA Lyme-Old Lyme Safe Graduation Party, Inc.
Cappella Cantorum, Inc. Lyme Public Hall Association, Inc.
CDE (Chester, Deep River, Essex) Cooperative Nursery School Lyme Public Library, Inc.
Center School Parent-Teacher Organization (PTO) Lymes’ Elderly Housing, Inc. (Lymewood)
Chester Elementary School Parent-Teacher Organization (PTO) Lymes’ Youth Service Bureau
Chester Historical Society Madison Ambulance Association, Inc.
Chester Land Trust, Inc. Madison Community Services, Inc.
Child & Family Agency of Southeastern Connecticut, Inc. The Madison Foundation, Inc. (Neighbor to Neighbor Fund)
Con Brio Choral Society, Inc. Madison Historical Society, Inc.
The Connecticut River Museum at Steamboat Dock Madison Land Conservation, Inc.
Deep River Ambulance Association, Inc. Maritime Education Network, Inc.
The Deep River Ancient Muster Scholarship Trust Musical Masterworks, Inc.
Essex Ambulance Association, Inc. Old Lyme Conservation Trust, Inc.
The Essex Art Association, Incorporated Old Lyme Fire Department, Inc.
Essex Community Fund, Inc. Old Lyme-Phoebe Griffin Noyes Library Association
Essex Elementary School Foundation, Inc. Old Lyme South End Volunteer Ambulance Association, Inc.
Essex Elementary School Parent-Teacher Organization, Inc. Old Lyme Visiting Nurse Association, Inc.
Essex Fire Engine Company No. 1 Old Saybrook Education Foundation
Essex Garden Club, Inc. Old Saybrook Fire Company Number One, Inc.
Essex Historical Society, Inc. Old Saybrook Historical Society
Essex Land Trust, Inc. Old Saybrook Land Trust, Inc.
Essex Library Association Old Saybrook Soccer Club, Inc.
Essex Meadows Foundation, Inc. (Scholarships) Old Saybrook Youth & Family Services Foundation, Inc.
Estuary Council of Seniors, Inc. – Meals on Wheels Pet Connections, Inc.
Forgotten Felines, Inc. The Region 4 Education Foundation, Inc.
Friends In Service Here (F.I.S.H.) Ruth Ann Heller Music Foundation
Friends of the Acton Public Library Scranton Library, Madison
Friends of the Deep River Public Library, Inc. The Shoreline Soup Kitchens
Graduation Night, Inc. – Old Saybrook Shoreline Youth Baseball League, Inc.
High Hopes Therapeutic Riding, Inc. Tait’s Every Animal Matters (TEAM)
Hope Partnership, Inc. The Touchdown Club, Inc.(Valley Regional High School/Old Lyme Football)
Ivoryton Library Association Tracy Art Center, Inc.
Ivoryton Playhouse Foundation, Inc. Tri-Town Youth Services Bureau, Inc.
Literacy Volunteers – Valley Shore, CT, Inc. Valley Shore Animal Welfare League
Lyme Academy College of Fine Arts Valley-Shore YMCA
Lyme Ambulance Association, Inc. Vista Vocational & Life Skills Center, Inc.
Lyme Art Association, Inc. The Woman’s Club of Old Saybrook
Lyme Consolidated School Parent-Teacher Organization (PTO)  

Essex Savings Bank is a FDIC insured, state chartered, mutual savings bank established in 1851.  The Bank serves the Lower Connecticut River Valley with five offices in Essex (2), Madison, Old Saybrook, Old Lyme.  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.