Cambridge Fire – Cambridge Community Banks Join Together
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Cambridge, MA – In true community spirit, Cambridge Savings Bank, Cambridge Trust Company and East Cambridge Savings Bank have joined together to support the victims of the devastating 10 alarm fire that destroyed at least 11 buildings and displaced 48 families (125 individuals), on Saturday, December 3rd. The Banks donated a combined $15,000 to the Mayor’s Fire Relief Fund to support our neighbors during this time of need.
“We live and work in this community, we are very much a part of it – what has happened to our neighbors is unimaginable – as local banks we share this concern and believe this comes with a greater responsibility to give back to those around us” said Wayne Patenaude, President and CEO at Cambridge Savings Bank.
“Cambridge is a community of compassionate people who join together to help those in times of need,” said Denis K. Sheahan, President and CEO of Cambridge Trust Company. “We are grateful that through community support we can collectively assist those impacted by the Cambridge fire to begin to rebuild their lives.”
“We at East Cambridge Savings Bank are deeply saddened by the tragic fire that affected our friends and families in our community. We stand behind the communities we call home and we want to provide assistance and support to those affected by the tremendous loss. By joining forces with the Cambridge Banks, we can collectively make a meaningful donation to give these families a happy holiday and a sense of stability during these hard times. East Cambridge Savings Bank will continue to provide its neighbors with additional support efforts.” stated Gilda M. Nogueira, President and Chief Executive Officer of East Cambridge Savings Bank.
The Banks have also partnered in a city-wide effort to collect the following personal, essential items for the victims – (new items only) – socks, undergarments, pajamas and slippers – for children, and adults.
Items can be dropped off at any of the following locations:
Cambridge Savings Bank: www.cambridgesavings.com
Central Square - 630 Massachusetts Avenue, Cambridge, MA 02139
Harvard Square – 1374 Massachusetts Avenue, Cambridge 02138
Inman Square – 1378 Cambridge Street, Cambridge, MA 02139
Porter Square Shopping Center - 53 White Street, Cambridge, MA 02140
Cambridge Trust Company: www.cambridgetrust.com
Huron Village - 353 Huron Avenue, Cambridge, MA 02138
Porter Square - 1720 Massachusetts Avenue, Cambridge, MA 02138
Harvard Square - 1336 Massachusetts Avenue at Smith Campus Center, Cambridge, MA 02138
University Park at MIT - 350 Massachusetts Avenue, Cambridge, MA 02139
Kendall Square - 326 Main Street, Cambridge, MA 02142
East Cambridge Savings Bank: www.ecsb.com
Mass Ave - 2067 Massachusetts Avenue, Cambridge, MA 02140
Inman Square Banking Center - 1310 Cambridge Street, Cambridge, MA 02139
Main Office - 292 Cambridge Street, Cambridge, MA 02141
Cambridge Savings Bank
Cambridge Savings Bank is a full-service financial institution with approximately $3.2 billion in assets that is committed to improving the quality of life in the communities it serves. One of the oldest and largest community banks in Massachusetts, Cambridge Savings Bank offers a full line of individual and business banking services and has branches located in Cambridge, Acton, Arlington, Bedford, Belmont, Burlington, Concord, Lexington, Newton, and Watertown.
Cambridge Trust Company
Cambridge Bancorp and its subsidiary, Cambridge Trust Company, are based in Cambridge, Massachusetts, in the heart of Harvard Square. Cambridge Trust Company is a 126-yearold Massachusetts chartered commercial bank with $1.8 billion in total assets and 11 Massachusetts locations in Cambridge, Boston, Belmont, Concord, Lexington, and Weston. Cambridge Trust Company is one of New England’s leaders in wealth management with $2.5 billion in client assets under management. The Wealth Management group maintains offices in Boston, Massachusetts, and Concord, Manchester, and Portsmouth, New Hampshire.
East Cambridge Savings Bank
East Cambridge Savings Bank is a full-service, mutually-held savings bank that believes in connecting with customers. The Bank was established in 1854 and is dedicated to providing businesses and individuals with a full line of banking services in the communities it serves. Headquartered in Cambridge, the Bank has offices in Arlington, Belmont, Cambridge, Chelsea, Medford, Somerville, and Waltham, as well as an educational training facility at Cambridge Rindge and Latin School, Cambridge, Mass. The Bank is a member of the Federal Deposit Insurance Corporation (FDIC) and the Depositors Insurance Fund (DIF) of Massachusetts