Farmington Bank Donates $1.1 Million to Non-Profits in 2017

Wednesday, February 21, 2018

Organizations in Central Connecticut and Western Massachusetts Recipients of Bank’s Philanthropy

FARMINGTON, CT -- More than $1.1 million in sponsorships and grants were given by Farmington Bank and its charitable arm, the Farmington Bank Community Foundation, to more than 450 non-profit organizations in Connecticut and Massachusetts in 2017, the Bank announced today.

It was the sixth consecutive year that Farmington Bank exceeded more than $1 million in charitable giving

“We continue to support organizations, events and programs that impact the quality of life for residents in the towns Farmington Bank serves,” said Chris Traczyk, executive director of the Farmington Bank Community Foundation. “We have redefined our focus to better support programs and services that address critical needs or provide tools and resources to create positive change for families and individuals. Supporting these programs and services are key to maintaining thriving communities.”

In 2017, the Farmington Bank Community Foundation awarded grants to organizations for youth development, workforce development, youth and adult education, small business technical assistance, and to those organizations that provide basic needs and address other vital issues in both Connecticut and Massachusetts.  Those organizations that received support included Boys and Girls Clubs, Favarh, Wayfinders, Interval House Local Initiative Support Corporation, Funder Collaborative for Reading Success, Literacy Volunteers, regional and local pantries and many other central Connecticut and western Massachusetts organizations.

The Farmington Bank Community Foundation’s mission is to improve the economic viability and well-being of residents and their communities in the central Connecticut and western Massachusetts areas by providing charitable support to 501(c)(3) community organizations. The Foundation’s areas of focus are Community and Economic Development, Education, Human Services, Community Investment and Health.

In addition to the work of its Community Foundation, Farmington Bank sponsored events and programs that positively impacted central Connecticut and western Massachusetts communities. Sponsorships in 2017 included the sixth Annual Farmington Bank Community Concert Series, Travelers Championship, Playhouse on Park, American School for the Deaf 200th Anniversary, Jewish Film Festival, CT Breast Health Initiative, fundraising dinners for many local nonprofits and continuation of its multi-year sponsorship of the Golden Kielbasa Veterans Open, one of Connecticut’s largest charitable golf tournaments benefiting veterans.

Throughout the year, Farmington Bank employees continued to provide human capital by donating over 6,000 hours of volunteer work to programs and organizations that impact the quality of life throughout central Connecticut and western Massachusetts.  Volunteerism in 2017 included the delivery of 49,000 diapers to local non-profit organizations in collaboration with the Farmington Bank Community Foundation and completing projects with Rebuilding Together New Britain, Connecticut and Revitalize Community Development Corporation in Springfield, Massachusetts, and many more.

Farmington Bank is a full-service community bank with 24 branch locations throughout central Connecticut and western Massachusetts, with one additional branch scheduled to open in March in Manchester, Connecticut. Established in 1851, Farmington Bank is a diversified consumer and commercial bank with an ongoing commitment to contribute to the betterment of the communities in our region.  Farmington Bank, with assets of $3.0 billion, is a wholly-owned subsidiary of First Connecticut Bancorp, Inc. (NASDAQ: FBNK).

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Contact:

Tom Andrea
Sullivan & LeShane Public Relations
860-560-0001
TAndrea@CTPR.com

Website: www.farmingtonbankct.com

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