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Neighbor News

Watertown Savings Bank Supports Local Money Management Program

In Springwell's Money Management Program, volunteers provide monthly in-home assistance with routine money management tasks.

When Watertown Savings Bank Branch Manager, Bill Burgess, visited the offices of Springwell recently, he brought with him a grant that will help low-income, vulnerable seniors and adults with disabilities manage their finances and remain independent. In Springwell’s Money Management Program, volunteers provide monthly in-home assistance with routine money management tasks; provide guidance on how to stretch one’s budget; and educate about dangerous money scams.

“Watertown Savings Bank has been such a generous long-term supporter of the Money Management Program,” says program coordinator, Kathy Barrett. “This program is provided free to vulnerable, 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. We are especially grateful to Watertown Savings Bank for their tremendous support over the years.” To learn more about volunteering for or benefiting from the Money Management Program, call 617-926-4100 x201 or email kbarrett@springwell.com.

Springwell is a local, non-profit organization that has been successfully creating, managing, and coordinating services for seniors, people with disabilities and those who provide care since its founding in 1977. We accomplish our mission to help people maintain their independence 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.

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Watertown Savings Bank is a state-chartered mutual savings bank, with nine locations primarily serving Arlington, Belmont, Lexington, Newton, Waltham and Watertown.

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