In keeping with its mutual philosophy, Chelsea Groton Bank announced that its employees contributed $34,286 to the 2012-2013 United Way campaign. Chelsea Groton made a 50 percent match to employee contributions and donated $17,143. Overall, $51,348 in employee pledges and corporate matches will be invested in the community through the United Way of Southeastern CT.
“Giving back to our community is inseparable from our mission to serve our banking customers,” explained bank President and CEO Michael Rauh. “Shared trust, purpose and respect—our mutual philosophy—means we do everything in our power to advance the quality of life of folks who live in our neighborhood.” The donated funds will fuel a wide range of programs whose goals include:
- Bringing much needed nutrition to the more than 19,000 individuals in Southeastern Connecticut living below the poverty line (Gemma Moran United Way Labor Food Center).
- Empowering clients to gain comfort and independence by providing case management services, budgeting skills, and emergency heating assistance (Project Warm Up).
- Supporting an exclusive network of quality health and human services programs which work together to provide a holistic approach to a stronger community (Community Wellness).
Dana Williams, Campaign Initiatives Manager for the United Way of Southeastern CT said, "Chelsea Groton has always been a true partner to United Way of Southeastern CT. They continue to support our corporate benefactor programs, give an extremely generous corporate gift, provide us with board members, and do so much more."
Michael Rauh said of the Bank's support of the United Way, "The United Way does a wonderful job improving this community by helping people in need through responsible use of donations. The bank is proud to partner with this organization."
78% of the Bank's employees participated in the United Way's capital campaign drive. In addition to financial contributions, Chelsea Groton employees also donate more than 330 hours annually to the United Way as committee members, volunteers, and members of the Board of Directors.
About Chelsea Groton Bank
Based in Groton, Conn., Chelsea Groton Bank is a mutually owned bank with 14 locations throughout New London County. The bank has nearly $850 million in assets and serves businesses, individuals and families throughout Eastern Connecticut and Southern Rhode Island. To learn more, visit chelseagroton.com.