Essex Savings Bank Announces Community Investment Program Results

Results of the recent voting by Essex Savings Bank customers who participated in the Bank’s Community Investment Program were announced at a meeting of employees, directors and trustees at the Bank’s Plains Road Office on Wednesday, April 17. The Top Ten Winners in attendance received special recognition.

The customer balloting portion of Essex Savings Bank’s 2013 Community Investment Program, began on Feb. 1 and concluded on March 15. During the first phase of the program, the Bank’s customers were asked to select from a list of 71 qualified non-profit organizations that made application to the bank.

Gregory R. Shook, President and Chief Executive Officer of Essex Savings Bank stated, “Our Community Investment Program is designed to provide vital financial support and visibility to these dedicated organizations and their people who enhance the quality of life in our communities.”

Each year the bank donates 10% of its after tax net income to non-profit organizations within the immediate market area consisting of Lyme and Old Lyme as well as Chester, Deep River, Essex, Madison, Old Saybrook and Westbrook.

According to Thomas Lindner, Vice President and Community Relations Officer for Essex Savings Bank, 7,180 votes were cast this year. Lindner commented that $77,400 is to be disbursed during the month of April based on ballot results. The remaining $180,591 will be distributed over the year by the Director’s, Senior Management and Branch Managers. By year end 2013, $257,991 will have been allocated to over 200 organizations bringing the total distribution since the inception of the program in 1996 to $3,673,544.

Essex Savings Bank is a FDIC insured, state chartered, mutual savings bank established in 1851. The Bank serves the Connecticut River Valley and Shoreline with six offices in Essex (2), Chester, Madison, Old Lyme and Old Saybrook. Financial, estate, insurance and retirement planning are offered throughout the state by the Bank’s Trust Department and subsidiary Essex Financial Services, Inc. Member FINRA, SIPC. Investments in stocks, bonds, mutual funds and annuities are not FDIC insured, may lose value, are not a deposit, have no Bank guarantee and are not insured by any Federal Government Agency.

RESULTS OF ESSEX SAVINGS BANK CUSTOMER BALLOTING COMMUNITY INVESTMENT PROGRAM 2013

	Organization	# Votes	$ Amount
1	The Shoreline Soup Kitchens & Pantries	708	$7,632
2	Valley Shore Animal Welfare League	391	$4,215
3	Forgotten Felines, Inc.	328	$3,536
4	Old Saybrook Fire Company Number One, Inc.	287	$3,094
5	Estuary Council of Seniors, Inc. – Meals on Wheels	275	$2,964
6	Tait’s Every Animal Matters (TEAM)	263	$2,835
7	Pet Connections, Inc.	215	$2,318
8	Essex Library Association	212	$2,285
9	Bikes For Kids, Inc.	184	$1,983
10	The Lyme Fire Company, Inc.	171	$1,843
11	Camp Hazen YMCA	170	$1,833
12	Old Lyme Fire Department, Inc.	155	$1,671
13	Bushy Hill Nature Center	154	$1,660
14	Lyme Ambulance Association, Inc.	151	$1,628
15	Ivoryton Library Association	139	$1,498
16	Child & Family Agency of Southeastern Connecticut, Inc.	138	$1,488
17	Ivoryton Playhouse Foundation, Inc.	136	$1,466
18	Tri-Town Youth Services Bureau, Inc.	115	$1,240
19	Essex Community Fund, Inc.	114	$1,229
20	Friends of the Acton Public Library	112	$1,207
21	Lyme Land Conservation Trust, Inc.	111	$1,197
22	Deep River Ambulance Association, Inc.	110	$1,186
23	Graduation Night, Inc. – Old Saybrook	108	$1,164
24	Old Saybrook Education Foundation	108	$1,164
25	Old Lyme-Phoebe Griffin Noyes Library Association	102	$1,100
26	The Connecticut River Museum at Steamboat Dock	91	$981
27	Chester Historical Society	85	$916
28	Old Lyme Land Trust, Inc.	84	$905
29	Old Lyme Visiting Nurse Association, Inc.	82	$884
30	Literacy Volunteers – Valley Shore, CT, Inc.	74	$798
31	Lymes’ Youth Service Bureau	73	$787
32	Community Music School	72	$776
33	Westbrook Youth and Family Services, Inc.	72	$776
34	Lyme Public Library, Inc.	68	$733
35	Deep River Junior Ancient Fife & Drum Corps, Inc.	67	$722
36	Friends of the Chester Public Library, Inc.	66	$711
37	Essex Elementary School Parent-Teacher Organization, Inc.	64	$690
38	Essex Historical Society, Inc.	62	$668
39	Old Saybrook Historical Society	59	$636
40	Essex Garden Club, Inc.	58	$625
41	Florence Griswold Museum	57	$614
42	Friends of Hammonasset, Inc.	57	$614
43	Common Good Gardens, Inc.	56	$604
44	Maritime Education Network, Inc.	52	$561
45	Old Lyme South End Volunteer Association, Inc.	51	$550
46	Friends of the Deep River Public Library, Inc.	50	$539
47	Lyme Art Association, Inc.	48	$517

48	Lyme Public Hall Association, Inc.	47	$507
49	Scranton Library, Madison (E.C. Scranton Memorial Library)	47	$507
50	Vista Vocational & Life Skills Center, Inc.	47	$507
51	Westbrook Project Graduation, Inc.	47	$507
52	Madison Ambulance Association, Inc.	44	$474
53	Friends In Service Here (F.I.S.H.)	43	$464
54	Lyme-Old Lyme Education Foundation	41	$442
55	Hope Partnership, Inc.	39	$420
56	Cappella Cantorum	38	$410
57	Camp Claire, Inc.	35	$377
58	Con Brio Choral Society, Inc.	34	$367
59	Lyme Consolidated School Parent-Teacher Organization (PTO)	34	$367
60	Ruth Ann Heller Music Foundation	32	$345
61	Old Lyme Historical Society, Inc.	31	$334
62	Friends of the Valley Railroad, Inc.	29	$313
63	The Country School, Inc.	28	$302
64	Friends of Madison Youth, Inc.	27	$291
65	Old Saybrook Community Foundation, Inc.	27	$291
66	Lyme Academy College of Fine Arts	25	$269
67	Act II Thrift Shop, Inc.	20	$216
68	Madison Historical Society, Inc.	17	$183
69	Lyme-Old Lyme Junior Women’s Club (LOLJWC)	15	$162
70	Tracy Art Center, Inc.	15	$162
71	Connecticut Audubon Society Eco Travel	13	$140