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Banking on community

Area financial institutions aid organizations

Lexi Tziachris (left) and Sabrina Webb played elves as they and Santa entertained at the Charlton Senior Center during a holiday party sponsored by the Southbridge Savings Bank sponsored the event. (click for larger version)
December 26, 2010
SOUTHBRIDGE — Donations from area banks have been given a real shot in the arm thanks to local organizations this season.

The Southbridge Credit Union has donated $1,000 to the Jacob Edwards Library this month, which the library plans to use to fund more events and speakers at the library.

“This will allow us much more flexibility with our projects,” said Jacob Edwards Library Director Margaret Morrissey. “We are ever so grateful of what the Credit Union has afforded us.”

The donation comes from the credit union’s Community Champions Fund. The fund has focused on financial education and literacy groups this year. Four groups are sponsored each year and 68 groups have been sponsored in the past 17 years.

According to Southbridge Credit Union’s Business Development Manager Paul Raffa, “The Community Charity fund concentrates on both long-standing and emerging conditions that place demands on this area’s efforts to achieve both growth and fairness for all the area’s residents.”

The library hopes to include more music programs with the donated money. By hiring local musicians, they hope to support local musicians, which in turn helps the local economy. Their largest financial support comes from the Friends of the Library and the Southbridge Community Council.

For more on this story, please see tomorrow's Southbridge Evening News.

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