Cambridge, Mass. – East Cambridge Savings Bank, a $1.6 billion in assets mutual bank headquartered in Cambridge, received the 2022 Boston Business Journal Corporate Citizenship Award, a recognition of the region's top corporate charitable contributors. The Business Journal annually publishes this list to showcase companies that promote and prioritize giving back to their communities – a feat that is even more important during times of turmoil and crisis, such as those we all collectively experienced throughout 2021. The companies on the list and the rankings were announced at an event earlier this fall.
“It is truly an honor for East Cambridge Savings Bank to be recognized as one of the most charitable companies in Massachusetts, and it only inspires us to keep connecting with and serving our communities,” said Gilda M. Nogueira, the Bank’s president and chief executive officer. “As a local bank, and as a mutual bank, contributing to organizations that meet basic human needs and serve the most vulnerable is something we have been doing for decades. Not only does this happen in the form of monetary support, but also through volunteering, serving on boards, and striving to be a true partner to these organizations. To be recognized for that with the Corporate Citizenship Award validates the tireless efforts of the entire Bank as we work to give back to the communities we serve.”
“The past couple of years has presented companies and communities with many challenges, and the needs have continued to grow. It is with honor that we present our list of the Top Charitable Contributors in Massachusetts – companies who gave $100,000 or more to Mass.-based in charities in 2021. Collectively, they gave $322 million in cash contributions – a true example of the business community coming together to help those in need. We are proud to celebrate these organizations who give both money and time to make Boston a stronger and better place for all.” said Boston Business Journal market president and publisher Carolyn Jones.
This year 95 companies have qualified for the distinction by reporting at least $100,000 in cash contributions to Massachusetts-based charities last year as noted above. The honorees this year include companies from such industry sectors as financial and professional services, health care, technology, retail, and professional sports.
To learn more about the Boston Business Journal and the Corporate Citizenship Award rankings, please visit their
website. To learn more about East Cambridge Savings Bank and their corporate and charitable giving, please visit ecsb.com.
About East Cambridge Savings Bank:
East Cambridge Savings Bank is a full-service mutually held bank that is committed to be the preferred banking partner in the communities it serves. Established in 1854, the Bank strives to provide an exceptional customer experience and generous support for the community. Headquartered in Cambridge, the Bank has locations in Arlington, Belmont, Cambridge, Chelsea, Malden, Medford, Somerville, Waltham, and Woburn as well as an educational training facility at Cambridge Rindge and Latin School. The Bank is a member of the Federal Deposit Insurance Corporation (FDIC), the Depositors Insurance Fund (DIF), and is an Equal Housing Lender.
CONTACT:
Leo Gayne
Assistant Vice President, Public and Community Relations Officer
(617) 551-2353
lgayne@ecsb.com