Cambridge Savings Bank and Franklin Cummings Tech Launch Scholarship Fund to Remove Barriers for Students Facing Financial Hardships
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Thursday, October 5, 2023
Cambridge Savings Bank (CSB), a full-service mutual bank with a customer-first approach and more than $6 billion in assets, today announced it has launched the Cambridge Savings Scholarship Fund.
Key Points:
- Cambridge Savings Bank (CSB), a full-service mutual bank with a customer-first approach and more than $6 billion in assets, today announced it has launched the Cambridge Savings Scholarship Fund.
- Franklin Cummings Tech will allocate 90 percent of the funding to cover the direct educational expenses for eligible students.
- This marks the inaugural year of the Cambridge Savings Scholarship Fund program, an initiative that the bank has intentionally structured to benefit Franklin Cummings Tech students in need of financial support to complete a degree.
- “Cambridge Savings Bank is dedicated to helping stabilize and improve the financial well-being of the communities that we serve,” said Wayne Patenaude , President and CEO at Cambridge Savings Bank.