Northfield Savings Bank Grants $11,000 in Third Quarter Donations
For Immediate Release: August 12, 2020
Contact: Kathryn Goulding, Northfield Savings Bank
Central VT and Chittenden County - Northfield Savings Bank (NSB) is pleased to announce $11,000 in donations to Vermont non-profits stemming from the Bank’s quarterly Community Giving program.
Third quarter Community Giving funding was spread out between eleven Vermont organizations, with the majority of this round of grants benefiting initiatives focused on supporting Vermonters in need as a result of the COVID-19 pandemic.
"COVID-19 has increased the economic uncertainty of many of our neighbors, leading to a large uptick in demand for services from local organizations, such as those that work to combat food insecurity,” said Mark Mast, Vice President of Marketing at Northfield Savings Bank. “We feel incredibly fortunate to be able to help local non-profits boost their services in this time of need.”
The Northfield Savings Bank Community Giving program provides grants on a quarterly basis to non-profits that submit an application for funding.
The program is one of the many ways that NSB fulfills its commitment to give 10 percent of annual profits to Vermont community organizations, which also includes the Northfield Savings Bank Foundation. Total donations from the Bank exceeded $650,000 in 2019 to more than 200 local non-profits.
For more information about Northfield Savings Bank and the ways it gives back to the communities it serves, visit www.nsbvt.com/about-us.
About Northfield Savings Bank
Northfield Savings Bank was founded in Northfield, VT in 1867. Over more than 150 years, assets have grown to over $1 billion, and NSB is the largest independent bank headquartered in Vermont. NSB is a full-service bank offering a full range of community banking, commercial banking and mortgage banking services to consumer and commercial customers. Investment services are available through Northfield Investment Services*. Also known for its role as a corporate citizen, NSB proudly donates 10% of profits to Vermont community organizations. Donations exceeded $650,000 in 2019 to more than 200 community organizations. Northfield Savings Bank operates 13 branches throughout central Vermont and Chittenden County stretching from Bethel to Greater Burlington. Member FDIC. Equal Housing Lender. www.nsbvt.com
* Securities, advisory services and insurance products are offered by, and investment Consultants are registered with, INFINEX INVESTMENTS, INC., member FINRA/SIPC, and a Registered Investment Advisor. Investment Consultants are employees of Northfield Savings Bank, a financial institution, and registered with INFINEX INVESTMENTS, INC., a registered broker dealer. Northfield Investment Services is a trade name of Northfield Savings Bank. Northfield Savings Bank is not a broker dealer. Infinex and Northfield Savings Bank are independent entities.
Investment products are: not a deposit, not FDIC insured, not insured by any federal government agency, not guaranteed by the bank, and may go down in value.