Partnering in our Communities
Sometimes it takes a collaborative effort to achieve the greatest results. Bristol County Savings Bank realizes this and continues to seek out opportunities to partner with organizations that have the ability to maximize the funding they receive, work collaboratively with other community organizations, schools and government agencies, and clearly demonstrate that their programs and efforts are being used to meet the growing needs of the populations they serve. Collaborative efforts, sometimes involving multiple partners, have proven to be an effective and efficient method of creating the greatest impact for our local communities.
WHALE - New Bedford
The Bank has partnered with the Waterfront Historic Area League (WHALE) for several economic development projects that will revitalize historically signiﬁcant downtown New Bedford landmarks and provide much needed affordable housing. The Bank provided a $25,000 emergency grant to replace the boiler at the historic First Baptist church, with-out which the building would have been damaged beyond repair. VP Rich Farmer volunteered on this project restoring historic windows. The Foundation provided a $10,000 grant for the Neighborhood Restoration Strategy Revolving Loan Fund, which targets key foreclosed properties that are in need of ‘rescue’ and renovation. The Bank has also partnered with the New Bedford Port Society and WHALE on two of the oldest buildings in New Bedford, the Mariner’s Home and Seamen’s Bethel. In addition to a $5,000 grant to help restore these buildings, we provided a construction ﬁnancing loan as well as served as the Federal Historic Tax Credit investor. Other projects include the Howland House, a former whaler’s mansion, and the Co-Creative Center (CCC) both of which will include affordable housing. The CCC is a redevelopment of Barker’s Lane Block, a renovation of two comercial buildings in the heart of downtown which will be used to support and celebrate artists and cultural entrepreneurship. The Bank will also be providing equity ﬁnancing for this important revitalization initiative.
Saving Makes Cents
Bristol County Savings Bank has been participating in the Saving Makes Cents (SMC) program since its inception in 1993 and currently serves ﬁve area schools in Attleboro, North Attleboro, Taunton, Raynham and Rehoboth. A program developed for elementary school children by the State Treasurer’s Office, SMC teaches monetary concepts, including how to open a savings account, the origin of money and basic budgeting skills. At the beginning of each school year, all participating students receive their passbook savings booklet with an initial $5 deposit from the Bank. BCSB officers encourage the students to make a weekly deposit and grow their savings accounts throughout the year.
Meeting Street - Rhode Island
The collective mission of Meeting Street and The Schwartz Center is to empower children and their families to thrive by fostering the development of the whole child. In addition to the consistent support of the Foundation, several Bank employees participated in the Meeting Street Telethon for the second straight year and helped the organization raise over $1.0 million. John Silva, Dennis Leahy and Jeff Bradley manned the phones at the Providence campus and Elizabeth Pimentel, Dave Medeiros and Nancy Cabral were ﬁelding calls at the Dartmouth campus. The Bank also provides volunteers to this organization throughout the year, most notably Michele Roberts who serves on Meeting Street’s Board and is Co-chair of the Development Committee, and Elizabeth Pimentel who captains the organization’s annual “Walk-N-Roll” fundraiser.
Leadership SouthCoast - New Bedford
Leadership SouthCoast is a community leadership development program designed to cultivate and prepare the next generation of leaders. The program deepens understanding of the region and engages the class to work on team-based community action projects to assist local non-proﬁt and public organizations in developing new initiatives that address community challenges. The Bank has not only sent our own employees through Leadership SouthCoast, but the Foundation has funded grants for the program as well as provided tuition assistance so employees of area non-proﬁts could also participate.
Heidrea for Heroes - Taunton
Heidrea for Heroes was founded in 2013 to ease the transition for veterans as they re-enter civilian life and empower them towards self-sufficiency, personal fulﬁllment and profes-sional development. The Bank has funded its Success Readiness Series which offers webi-nars on life skills, ﬁnancial literacy and workforce preparedness topics. As the vice presi-dent of training at the Bank and a Heidrea for Heroes Board Member, Mariano Pimentel is in a unique position to provide guidance on workforce training. In addition, Jenn Oldﬁeld, a Mortgage Originator with BCSB, has helped provide workshops for veterans who are preparing to purchase a new home. Delivering this valuable information to veterans who are transitioning to civilian life, helps them achieve personal economic success by guiding them toward professional productivity, ﬁnancial literacy and self-reliance.