Education has always been at the forefront of North Shore Bank’s commitment to the community. It is our belief that access to a quality education has a cumulative effect that spreads throughout the cities and towns which we serve. With this in mind, the bank is actively involved at all educational levels, providing scholarships, making donations to support activities and programs, even offering financial literacy classes to area students.
Check out some of the programs to which North Shore Bank is involved . . .
Saugus High School Scholarships
Since 1986, North Shore Bank has awarded continuing education scholarships to SHS Seniors — with this past year’s contribution eclipsing the $80,000 level since the program’s inception. Award recipients are chosen by a committee of bank employees and are based on a combination of criteria, including need, extracurricular activities and academic achievement.North Shore Bank President and COO, Kevin Tierney, awarded two $2,000 scholarships to 2013 Saugus High School graduates — John Furey (l) and Evan Covell.
North Shore Community College Foundation Scholarships
In 2012, the bank established the North Shore Bank Scholarship through the North Shore Community College Foundation. Funding two yearly awards for students pursuing academic programs in Accounting, qualification is based on a combination of financial need and academic excellence. North Shore Bank is especially gratified by this program, recognizing that students often overcome a variety of challenges and hardships in pursuit of their educational goals.
At the NS Community College Foundation Breakfast in May of 2013, North Shore Bank Senior VP, Joanne Fortunato (left) presented one of the Scholarships to recipient, Musa S. Jallow.
Financial Literacy Programs
Savings Makes Cents
The Savings Makes Cents program is provided to the Waybright and Oaklandvale Elementary Schools in Saugus and introduces students from Kindergarten to Grade Five to saving and budgeting skills. Designed to foster economic literacy from an early age, the program involves monthly visits from bank employees, who engage students through entertaining financial activities and practical experience — including making deposits into their savings accounts.
North Shore Bank Program Coordinator, Sharon Covell (right), poses with winners of the year-end Savings Makes Cents Art Contest. Included are (l-r), Jack Sambataro, Sara Rovcanin, and Nicholas Sambataro; missing from the photo are David Turilli and Vincent Defarius.