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By Webster Bank
Webster announced today it will commit $100,000 to support seven non-profits in its founding city of Waterbury.
The funds, focused on providing an opportunity to immediately expand the nonprofits’ outreach, will benefit Brass City Harvest, Bridge to Success, North End Cooperative Market, The Waterbury Opportunity Industrialization Center, The RIBA Aspira Career Academy, Ungroup Society and The Waterbury Land Bank.
“Waterbury remains an important hub for Webster, and we are excited to support these worthy organizations by providing much-needed capital for community programming and outreach,” said Marissa Weidner, Chief Corporate Responsibility Officer. “These organizations will be able to expand their impact and create lasting positive change where it is needed the most.”
“Since its inception in 1935, Webster’s support of the city of Waterbury has been unwavering, assisting numerous nonprofits and community organizations, and we are delighted to see an infusion of funds to assist these seven nonprofits with some immediate needs,” said Waterbury Mayor Paul Pernerewski Jr. “Webster Bank has been an employer of choice in the greater Waterbury area, employing hundreds of people over the years, and they continue to have a significant presence in the city.”
Kevin Taylor, Executive Director of NEST, which serves as a fiduciary for several of the grant recipients said, “Webster’s commitment to Waterbury remains unwavering. Their targeted philanthropic support for grassroots organizations is both essential and commendable. I am pleased to see funding supporting these worthy organizations, which address critical needs such as food scarcity, unemployment, childcare, and the overall success of children.”
The grant recipients demonstrated funding needs that would address operational and community needs in workforce training and placement, housing, food security, and represent diverse missions and long-standing commitments to the greater Waterbury community.
About Webster
Webster Bank (“Webster”) is a leading commercial bank in the Northeast that provides a wide range of digital and traditional financial solutions across three differentiated lines of business: Commercial Banking, Consumer Banking and Healthcare Financial Services, one of the country’s largest providers of employee benefits and administration of medical insurance claim settlements solutions. Webster is a values-driven organization headquartered in Stamford, CT, with $77 billion in assets. Its core footprint spans the northeastern U.S. from New York to Massachusetts, with certain businesses operating in extended geographies. Webster Bank is a member of the FDIC and an equal housing lender. For more information about Webster, including past press releases and the latest annual report, visit the Webster website at www.websterbank.com.