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What's New

July 20, 2005
 
$140,000 in Surprise Gifts Go to Charities this Month

York County non-profit organizations have begun receiving surprise checks from the Kennebunk Savings Bank 2005 Community Investment Ballot program. Over 5,000 votes from Kennebunk Savings Bank and Morris Insurance customers were counted toward 179 non-profit and charitable organizations. Altogether, organizations will receive unsolicited gifts totaling $140,000.

Each year, Kennebunk Savings and Morris Insurance customers receive ballots asking for help in allocating a sizeable portion of the Community Investment Program for Kennebunk Savings Bank and the Kennebunk Savings Bank Foundation. Customers vote for one charity of their choice and the number of votes each organization receives determines the amount of money to be granted to that organization. Forty organizations will be receiving unsolicited grants of over $1,000.

The ballot is just one part of the Kennebunk Savings Bank Foundation’s Community Investment Program. Beginning in 1994, Kennebunk Savings Bank pledged to return 10% of its annual earnings to non-profit and charitable groups throughout York County. In 2001, Kennebunk Savings Bank took the program to a new level by funding the Kennebunk Savings Bank Foundation to ensure the continuity of the Community Investment Program in the years to come. By the end of this year, the Community Investment Program will have contributed a total of over $4 million to charitable and non-profit organizations throughout York County through the annual customer ballot, the Starfish volunteer awards, and community grants.

For more information contact:

Heather Harris
Community Relations Officer
Kennebunk Savings Bank
1-800-339-6573

Learn more about Kennebunk Savings Bank's Community Investment Program.

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