MA Bankers Award WCAC $5K For Literacy Programs

From the Worcester Community Action Council: Worcester Community Action Council, Inc. was among 43 recipients of grants recently awarded by the Massachusetts Bankers Association (MBA). WCAC received a grant of $5,000 which will support financial literacy initiatives at the agency.

"Financial literacy is at the very heart of all of our self-sufficiency programs and services," said WCAC Executive Director Jill Dagilis. "We are most grateful for this support and know these dollars will go a long way in helping us help others achieve economic self-sufficiency, particularly through our Volunteer Income Tax Assistance and BankOn Worcester County programs."

"We are thrilled to be able to give these gifts," said William M. Parent, chairman of the MBA Charitable Foundation and President/CEO of Blue Hills Bank. "This foundation has done so much good work over the years, yet each gift-giving season we see more need. That's why each year we rededicate ourselves to this effort to help in any way we can."

The foundation, supported by 150 member banks throughout Massachusetts and New England, distributed the grants over eight geographic regions in Massachusetts. MBA awarded a total of 43 grants in 2017, totaling $167,000 - a record number and a record annual dollar amount. The Foundation has now provided gifts totaling $2.3 million over its 21-year history.

Image courtesy of the Worcester Community Action Council