East Cambridge Savings Bank is very pleased to be a major supporter of the recently dedicated Charlotte and William Bloomberg Medford Public Library. The new facility, built on the site of the old library at 111 High Street just outside Medford Square, is a two-story, 45,000 square foot LEED Silver rated building. The Bank is a Platinum Sponsor of the new library, and the makerspace is named in honor of East Cambridge Savings Bank. Located on the second floor of the building, the makerspace is a room where community members can learn about a myriad of skills and projects including 3D printing, fix-it clinics, arts and crafts, and more.
“East Cambridge Savings Bank has been a proud member of the Medford community since 2006, and this new library is something that all Medford residents can be proud of,” said Gilda M. Nogueira, the Bank’s President and CEO and Treasurer of the Medford Public Library Foundation. “It’s been amazing to see this project go from conception to construction to a vibrant public space for learning and enrichment. The Bank is honored to closely partner with the Library and its Foundation to play a role in this project’s completion.” In addition to financial support, the second floor of the Bank’s Broadway Banking Center in Arlington served as a temporary home for the Friends of the Medford Public Library during construction.
The Charlotte and William Bloomberg Medford Public Library is named in honor of Michael Bloomberg’s parents. Mr. Bloomberg is the former three-term Mayor of New York City, founder of Bloomberg L.P., and 2020 Presidential candidate. Bloomberg Philanthropies made a $3 million gift to the library project. Mr. Bloomberg grew up in Medford and gave the gift as a reflection of his fondness for his hometown and to reflect the important role libraries play in the community.
For more information about the Charlotte and William Bloomberg Medford Public Library, please visit the Library’s
official website, or the
Bloomberg Philanthropies website.
Photo: East Cambridge Savings Bank President and CEO Gilda Nogueira stands with Michael Bloomberg at the Library’s dedication ceremony.