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Sarah Ghelli (left) is seen with Ashley Jolicoeur (Right) receiving her gift certificate for participating in Charles River Bank's School Banking Program.

Medway Elementary School Banking winners

May 5, 2011(MEDWAY, MA)

(Medway, MA) Helping students develop their financial skills helps build strong communities. This conviction held by Charles River Bank is demonstrated with the Bank's School Savings Program. Charles River Bank is committed to teaching children the importance of saving and has run the School Savings Program for students in grades 1 to 4 in Medway elementary schools for more than 10 years. Students were encouraged to make deposits during weekly their weekly in-school banking days with a raffle of two 25 dollar Barnes and Nobles Gift Certificates. Each time a student made a deposit at school during the month of March, he or she was entered to win.

Charles River Bank Marketing Assistant Ashley Jolicoeur presented the Gift Certificates to the two contest winners, Sarah Ghelli of the Memorial School, and Andrew Rozak of the McGovern School. "We try to keep the School Savings Program exciting for the children by rewarding them with special incentives throughout the school year. There are many more students who are asking questions about their deposits, where to sign a check, and how to keep up with their transaction register. They take saving their money very seriously!" says Jolicoeur, "It's a thrill to be able to help them build their financial fundamentals."

Charles River Bank was founded in 1915, and continues to offer a wide range of individual and business banking services. In addition to the educational branch office in Medway High School, Charles River Bank operates three full-service state of the art locations: 70 Main Street in Medway, MA; 2 South Maple Street in Bellingham; and a newly opened branch at 1 Hastings Street in Mendon. Charles River Bank continues to grow with more than $180 million in assets. The Bank is a member of the FDIC and the SIF, so all deposits are insured in full. For further information, visit www.charlesriverbank.com or call 508.533.8661.