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June 19, 2006
Many charitable institutions and nonprofit agencies are anxiously
awaiting for a knock on the door or a special letter as the votes
from Kennebunk Savings Bank annual Community Investment Ballot
program have just been tallied. Nearly 5,000 votes from Kennebunk
Savings Bank, Morris Insurance and Kennebunk Financial Services
customers were received and counted for unsolicited grants to 144
non-profit and charitable organizations. Organizations will begin
receiving these contributions this week, and all totaled, the
contributions will add up to $150,000.
Each year, Kennebunk Savings Bank, Morris Insurance and Kennebunk
Financial Services customers receive ballots asking for help in
allocating a sizeable portion of funds available through Kennebunk
Savings Bank and the Kennebunk Savings Bank Foundation's
Community Investment Program. Customers vote for one charity of
their choice and the number of votes each organization receives
determines the amount to be granted to that organization. Over forty
organizations will be receiving unsolicited grants of over $1,000,
and over twenty will receive grants over $2,000.
Officers of Kennebunk Savings Bank are planning to personally visit
a number of organizations to hand-deliver these grant checks. The
visits will begin this week and continue through the end of June. Of
the 144 organizations receiving funds this year, top vote getters
include York Hospital, the Child Abuse Prevention Council, York Land
Trust, Hospice of Southern Maine, the Animal Welfare Society and
Another Chance Animal Rescue. "We are deeply grateful to all the
customers who voted and thus help us in making these unsolicited
contributions," said Joel Stevens, President and CEO of Kennebunk
Savings. "We believe that this program is part of the heart and soul
of a community bank like ours. We pride ourselves in helping to make
all of York County a better place to live and work. And we
appreciate all the non-profits that help make that a reality."
The ballot is just one part of the Kennebunk Savings Bank
Foundation’s Community Investment Program. Beginning in 1993,
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 $5 million to charitable and nonprofit
organizations throughout York County through the annual customer
ballot, the Starfish volunteer awards, and other community grants.
Kennebunk Savings Bank, a past winner of the Maine Businesses for Social Responsibility Eagle Feather Award, is York County’s leading financial institution. A true community bank serving the Southern Maine community for more than 135 years, it distributes 10% of its earnings each year to non-profit and charitable organizations through Kennebunk Savings and the Kennebunk Savings Bank Foundation. By the end of 2006, the
Community Investment Program, begun in 1993, will have contributed a total of more than $5 million to charitable and non-profit organizations throughout York County through such initiatives as the annual customer ballot, the Starfish volunteer awards and other community grants. With twelve banking offices from Kennebunk to Kittery, Kennebunk Savings has retail and business banking products and services and also offers personal and commercial insurance through its subsidiary, Morris Insurance Services, Inc. In addition, Kennebunk Savings has a strong commitment to York County’s business community and has earned the Finance Authority of Maine (FAME)
Bank of the Year award three times and is a Small Business Administration (SBA)
Preferred Lender.
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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