Mt. Washington Bank Awards Scholarships to local Students

Contact: Lauren Mann
Mt. Washington Bank
857-524-1155
lmann@MtWashingtonBank.com


South Boston, MA - - Six area students were each presented with a $1000 check by the Mt. Washington Bank Scholarship Committee at an awards ceremony at the Bank on August 16, 2006.

Edward J. Merritt, President and CEO of Mt. Washington Bank, in addressing the recipients and their guests, noted that since the bank instituted the scholarship program thirteen years ago, it has awarded more than $ 70,000 to worthy students from the communities it serves. According to Merritt, it was on the occasion of the bank’s 100th anniversary that its board of directors decided to set aside $ 100,000 to support the scholarship program. In congratulating the recipients on their academic success, Merritt urged the students to continue pursuing their educational goals.

Msgr. Thomas McDonnell, chairman of the Scholarship Committee, oversaw the selection process and noted a marked increase in this year’s scholarship application pool from previous years.

This year’s scholarship recipients will be attending the following schools in the fall: Harvard University, UMass Boston, UMass Dartmouth, Boston College High School, Fontbonne Academy and Mt. St. Joseph Academy.

Founded in 1893, Mt. Washington Bank has stayed committed to the promise outlined in its mission statement by being "full-service independent bank, offering financial services to meet the needs of its retail and small business community. Mt. Washington recently announced the opening of its new Gallivan Boulevard branch in Dorchester, representing the Bank's fourth branch location in addition to a stand alone loan center.

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