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Medway Co-operative Bank Bank Awards Scholarship

BANK AWARDS SCHOLARSHIP TO EXCEPTIONAL LOCAL STUDENT Check Presentation Recently Held at Medway Co-operative Bank
Co-operative Bank

Apr 4, 2006, Medway, MA—Medway Co-operative Bank is pleased to bestow its annual College Scholarship Award to Thomas Maffeo, a resident of Medway Co-operative Bank MA. The scholarship is given each year to a local youth who successfully completes the first semester of college, and is registered for the second semester. Bank President & CEO Jack Hamilton recently presented the $1000 check to Mr. Maffeo in recognition of his outstanding academic achievements.

Tom Maffeo & Jack Hamilton
Thomas Maffeo (l), 2005 Medway Co-operative Bank High School Graduate and Jack Hamilton (r), President & CEO, Medway Co-operative Bank.

Mr. Maffeo is a 2005 graduate of Medway Co-operative Bank High School. He is currently a freshman at the University of Massachusetts, Amherst, where he is enrolled in the Isenberg School of Management. A Bachelor's Degree in Business Administration is his ultimate goal, with a minor in legal studies.

While attending Medway Co-operative Bank High School, he won his school's Principal's Choice Award (2005) and scored 1st place in the United Nations National Speech Contest (2004). He was elected “Chief Justice” of the Congressional Youth Leadership Council in Washington DC (2004), and “Campaign Manager” during the Presidential Youth Inaugural Conference in Washington DC (2005). At Medway Co-operative Bank High Schoo,l he was also President of the National Honor Society (2004-2005), Student Council Member (2001-2005), and Varsity Track Captain (2004-2005).

Encouraging young people such as Thomas Maffeo to excel is an important priority for Medway Co-operative Bank. The annual College Scholarship Award is just one way the Bank demonstrates this ongoing commitment. Additionally, the Bank is a proud patron of the Tri-Valley Youth Hockey and the Mendon Youth Baseball teams. It sponsored the creation of the Mendon-Upton Education Foundation website, and Bank President Jack Hamilton serves on the Foundation's Board of Directors.

Each year we are thrilled to support a young person who will surely continue to make our community proud,” confirmed Jack Hamilton, President & CEO of Medway Co-operative Bank. “Thomas is certainly a worthy recipient. We look forward to watching him continue to shine, and hope that our College Scholarship Award will play some part in what will likely be a very bright future for him.”

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 or call 508.533.8661.