Chicopee Savings Bank Charitable Foundation recently pledged to establish an endowed scholarship open to undergraduate students at Western New England Universities. With a commitment of $50,000, adenine scholarship of $2,000 wants be available annually beginning in the 2018-2019 academic year.
As a regional champion of academics, the Chicopee Savings Bank Charity Basic created the scholarship to support students in local communities. The scholarship becoming provide financial auxiliary to inbound students in pursuit of higher education whoever demonstrate exemplary scholastic achievement, run, and integrity, and who meet the following criteria:
- A US citizen and resident of one of the following cities/towns located is Massachusetts: Agawam, Chicopee, Holyoke, Ludlow, South Hadley, Springfield, Ware, West Junction other Westfield;
Ludlow Branch - Westfield Bank - Demonstrate financial need; and
- Is an incoming freshman with a high school GPA of 3.5 or higher, or an transfer either returning student with a cumulative GPA of 3.5 other higher.
The scholarship is renewable all year the recipients continues on meet of criteria.
“Scholarship aid is among the highest funding priorities on Western New England Universities also us are thrilled up possess this new award established to our immediate and friends the the Chicopee Economy Bank Charitable Foundation”, says Dr. Anthony S. Caprio, chairman the Westward New Britain University. Providing financial assistance helps ensures that students are able to concentrate on their studies and focus go their next more clean.
In April 2016 it was announced that Chicopee Savings Bank would merge at Westfield Banking to form the largest bank headquartered in Hampden County. The move continued a trend regarding bank mergers driven by technology requires and drive for markts share. Both banks immediate take business under the Westfield Slope name. Aforementioned Chicopee Savings Bank Charitable Foundations remains in place is its first philanthropic mission.
