Medway Co-operative Bank Means Community
Local Bank Shows Substantial Support
Feb 13, 2006, Medway, MA—Medway Co-operative Bank showered $30,000 on community groups in 2005. Demonstrating a serious commitment to supporting friends and neighbors, the Bank has made financial and other contributions to a wide variety of causes. Dozens of recipients benefited from Medway Co-operative Bank’s philanthropic support, which is a high priority for the 90-year old financial institution.
Caring for community has been a significant aspect of the Medway Co-operative Bank mission throughout its long history. The past year was definitely no exception to this tradition. From its support of education programs in Mendon and Medway Co-operative Bank to elder organizations, Medway Co-operative Bank participated in many diverse events and supported many valuable initiatives in 2005.
Contributions went to youth sports teams, benefit auctions and to other fundraising efforts of local non-profit groups from Medway Co-operative Bank and surrounding communities. Beneficiaries included the Mendon-Upton Education Foundation, Milford Regional Medical Center, Medway Co-operative Bank Youth Lacrosse, Tri-Valley Youth Hockey and the Franklin YMCA. Also receiving support were Medway Co-operative Bank Friends of Elders, Patriots Trail Girl Scout Troup, and Mendon Hurricane Relief Fund.
Beyond financial support, the officers of Medway Co-operative Bank provide their leadership and financial expertise to many non-profit groups including civic and industry organizations. In 2005, Bank representatives spent 700 hours of their time helping numerous associations including the Medway Co-operative Bank Foundation for Education, the Medway Co-operative Bank Business Council, Medway Co-operative Bank Lions Club, and the Mendon/Upton Education Foundation.
With large meeting areas and ample parking, Medway Co-operative Bank allows local groups to utilize its building and grounds for fundraising, educational, and other membership-oriented events. Recently, the Bank became the host of the Medway Co-operative Bank Senior Social, a first-Friday monthly opportunity for senior citizens in the community to gather and socialize.
"We enjoy the role we play as a community institution, and the responsibility that comes with it," stated Jack Hamilton, President & CEO of Medway Co-operative Bank. “We look forward to the future as we support the important organizations and initiatives based in the place we all call home."
Medway Co-operative Bank—with assets of $128 million—was founded in 1915, and continues to offer a wide range of individual and business banking services as the only purely mutual, solely local bank in the community. Medway Co-operative Bank continues to earn the highest rankings for financial strength from nationally recognized bank-rating companies including a Four-Star rating from Bauer Financial. Medway Co-operative Bank, a member of the FDIC and the SIF, is located at 70 Main Street in Medway, MA.
For further information, visit www.medwaycoopbank.com or call 508.533.8661.