Medford Co-operative Bank delivers on its commitment to
support local communities. Here’s how we do it:
Medford, MA - March 17, 2004 - Twenty-six
employee volunteers from Medford Co-operative Bank read
to children in fifty-five classrooms during the national
observance of “Read Across America.” Elementary
school students from schools in each of Medford Co-operative
Bank’s five communities enjoyed taking part in the
national reading program while experiencing the enthusiasm
of volunteer readers wearing Dr. Seuss hats. “Reading
and financial literacy are very important to the future
success of all children. We will continue working to expand
our Educational Commitment Initiative throughout all of
the communities we serve,” noted CEO Ralph Dunham.
Malden, Mass – February 2003 - Managing money
can be difficult for people of all ages, but the challenge
increases as we grow older. Thanks in part to a $1000 grant
from Medford Co-operative Bank, Mystic Valley Elder Services’
(MVES) Money Management Program will continue to grow, helping
area elders manage their bills and check register.
“Financial organization can be very taxing for many
elders,” said MVES Executive Director Daniel J. O’Leary.
“Medford Co-operative Bank’s support will help
us serve the increasing number of elders who struggle with
financial management.”
MVES will use the funds to support a Money Management
Program coordinator who will recruit new volunteers. The
MVES Money Management Program is a practical, economic solution
that helps low-income elders with budgeting, paying routine
bills, and keeping track of financial matters. Trained and
insured volunteers are matched with local elders and make
monthly visits to assist with opening the mail, writing
checks for the elders to sign, developing and managing a
budget, and balancing checkbooks. The program helps elders
meet their financial obligations and remain safe and independent
in their own homes.
“As a new member of the Malden Community, we are
proud to support this important initiative,” said
Mary Pullo, Malden branch manager for Medford Co-operative
Bank. “As a community bank, we recognize the importance
of helping residents of all ages manage their money.”
Mystic Valley Elder Services, Inc. (MVES) is a private,
non-profit organization that provides information and access
to a comprehensive range of services that address age-related
needs. MVES serves over 10,000 individuals annually in the
communities of Everett, Malden, Medford, Melrose, North
Reading, Reading, Stoneham, and Wakefield.
January 8, 2004 - Medford Co-operative Bank recently
donated $5,000 to local food pantries and community organizations
during the recent holiday season. Various charitable organizations
received assistance including food pantries in Arlington,
Bedford, Lexington and Medford. Other recipients were the
Medford Rotary Club, Malden YWCA and The Bread of Life in
Malden. “Donating to charities is just one of the
ways that we deliver on our commitment to support local
communities,” said Ralph Dunham, President and CEO
of Medford Co-operative Bank.” “Giving back
to the community is what Medford Co-operative Bank is all
about.”
December 30, 2003 - Medford Co-operative Bank
recently contributed funds to support a holiday party given
to local children in foster care. Maureen Reynolds, of Evergreen
Community Services, accepted the contribution from Mary
Pullo, branch manager of Medford co-operative Bank’s
new Malden branch office.
Evergreen Community Services, which offers supportive services
to foster children in the Malden and Medford area, was in
need of funds for its annual children’s Christmas
Party; Medford Co-operative Bank’s new Malden office
is a neighboring business. “We are delighted to become
involved with our neighbors in the community through support
of such an important organization,” stated Pullo.
Evergreen Community Services not only assists children during
the holidays, but continues to help children in our community
year round.” Evergreen Community Services hosted the
holiday party for nearly 100 people including children from
15 foster homes.
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