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February 11, 2014 > Fremont Bank donates to New Haven Schools Foundation

Fremont Bank donates to New Haven Schools Foundation

Submitted By Helen Kennedy

Fremont Bank donated $10,000 to the New Haven Schools Foundation (NHSF) as part of a community effort to mark their 50th anniversary of doing business. The check was presented to the NHSF board at the January 29, 2014 board meeting.

ÒFremont Bank was founded on the premise that the success of a business depends on the vitality of the community it serves and that it is as much the responsibility of a business as anyone else to make sure that community thrives. To that effect, one of the main core values when the Bank was founded in 1964 was to reinvest in the communities we serve. Fifty years later, that value is still at the core of Fremont Bank. So, to mark our 50th anniversary this year we decided to donate over $1 million to over 150 nonprofits that have not only helped Fremont Bank be successful over the years but have also enriched our community with their services and programs. The New Haven Schools Foundation is a prime example of such nonprofits. It is with great pleasure Fremont Bank is giving $10,000 to NHSF in celebration of our 50th anniversary Ðand most importantly in support of all the students, teachers and staff within New Haven Unified School District,Ó according to Marie-Pascale Peterson, Director of Community Outreach, Fremont Bank.

ÒFremont Bank has been a vital supporter of NHSF, and we are thrilled with this ongoing partnership. We deeply appreciate Fremont BankÕs very generous donation as well as their understanding that community institutions, such as schools function best when individuals, businesses and non-profits work together. The donation will help our foundation continue to fund student scholarships, provide mini-grants for teachers and support co-curricular programs in New Haven,Ó exclaimed Rebecca Venable, NHSF President.

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