The Village Bank Increases Investment in the Well-Being of Financially Vulnerable Seniors

As reports of elder financial abuse rise, Springwell received word that The Village Bank would be providing an increased grant in support of its Money Management Program for 2017. This week, The Village Bank President & CEO, Joseph De Vito, met with Program Coordinator, Jen Dunning to present the grant that will help low-income, vulnerable seniors and adults with disabilities manage their finances and remain independent. “Seniors are the fastest growing segment of the population and we at The Village Bank are proud to support Springwell’s mission. The Money Management Program pairs skilled volunteers with local, at-risk seniors, and this sharing of knowledge and resources is what truly builds a caring community,” said Mr. De Vito. Springwell’s Money Management Program volunteers provide monthly in-home assistance with routine money management tasks, provide guidance on how to stretch a budget and information about dangerous money scams.

“The Village Bank’s generous support makes a statement about their commitment to the most vulnerable members of our shared communities and especially those served by Springwell’s Money Management Program,” says program coordinator, Jen Dunning. “This program is provided free to frail, low-income elderly and disabled residents, thanks to the partnership of a number of local corporate and foundation donors who close the gap between state funding for the program and the costs to run it.” To learn more about volunteering for or benefiting from the Money Management Program, call 617-926-4100 x201 or email jdunning@springwell.com.

This year Springwell is celebrating its 40th anniversary as a private, nonprofit organization whose mission is to help seniors, people with disabilities, and caregivers get the in-home services and supports that can make it possible for them to live and age at home, in the community. We support thousands of individuals each year by deploying an expert staff to deliver a significant array of more than 20 services and programs including Case Management & In-Home Services, Supportive Housing, Protective Services, Nutrition Services, Information & Consultation Services, Healthy Living Workshops, Caregiver Support, Money Management, and Friendly Visitors/Medical Escorts.

The Village Bank, chartered by the state in 1910, has seven full-service offices in Newton and Wayland and a Village Loan Center in Auburndale. The Bank also offers online banking services at village-bank.com and maintains a Facebook presence at facebook.com/villagebank. The Bank is a member of the Federal Deposit insurance Corporation (FDIC) and the Share Insurance Fund (SIF).

Photo caption: The Village Bank President, Joseph De Vito (l), Vice President, BSA & Money Management Advisory Council Member, Lisa Boccabella (lc) with Springwell Money Management Program Coordinator, Jen Dunning (cr), and The Village Bank Vice President, Community Relations, Susan Paley.