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Boys & Girls Clubs of MetroWest receives $6,000 from Eastern Bank

Club cashes in on new program that rewards local organizations for each Red Sox victory

MARLBOROUGH, Aug. 12, 2010 – Eastern Bank, the official bank of the Boston Red Sox television network, donated $6,000 to the Boys & Girls Clubs of MetroWest through a new program that rewards area Boys & Girls Clubs each time the Sox win.

Through the Eastern Bank Charitable Foundation, the bank agreed to donate $500 to the Boys & Girls Clubs of MetroWest for each Red Sox victory in July.  Since the Sox won 12 games, the club received a total of $6,000.

Each month, a new club will be designated to receive $500 for each Sox victory.  The bank created the program to demonstrate its commitment to the communities it serves and to illustrate the importance of teamwork among corporations and local not-for-profits.

With 59 Red Sox wins in April, May, June and July, the charitable foundation has now donated $29,500 to Boys & Girls Clubs operating in Greater Boston, Cape Cod, Greater Lowell and MetroWest. 

“The promotion with Eastern Bank was very exciting for our kids as they kept track of the Red Sox games throughout the month of July,” said Francis X. Hurley, president of the Boys & Girls Clubs of MetroWest.  “The kids also loved hearing our club’s name announced at every game.”

“We’re pleased with the success of this program,” said Richard E. Holbrook, Eastern Bank chairman and CEO.  “The Boys & Girls Clubs of MetroWest – like all of the Boys & Girls Clubs around eastern Massachusetts – play an important role in the communities that they serve, so it has been rewarding for us to recognize and reward different organizations each month.”

The charitable giving program is mentioned during the 5th inning of every NESN broadcast.  The following Boys & Girls Clubs were selected to participate:

• April – Boys & Girls Clubs of Boston
• May – Boys & Girls Club of Cape Cod
• June – Boys & Girls Club of Greater Lowell
• July – Boys & Girls Clubs of MetroWest
• August – Boys & Girls Club of Lynn and Boys & Girls Club of Greater Salem
• September – Boys & Girls Club of Plymouth

The mission of the Eastern Bank Charitable Foundation is to contribute, in a meaningful way, to the health and vitality of the various Greater Boston communities. This is done through financial support for selected nonprofit organizations operating within these communities.

About Eastern Bank
Founded in 1818 and based in Boston, Eastern Bank is the largest independent and mutually owned bank in New England, with almost $7.0 billion in assets and more than 80 branches serving communities from the Merrimack Valley to Cape Cod.  Eastern Bank offers banking, investments and insurance all under one roof, and prides itself on working harder to understand its customers’ needs so it can deliver these services in a committed and personal way.  Eastern Bank includes Eastern Wealth Management, Eastern Insurance and Fantini & Gorga, a real estate advisory firm.

For more information, contact: Andrew Ravens, Public Relations, Eastern Bank, 781-598-8528, or e-mail Andrew Ravens.