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Melrose Bank's "Denim Days" Inspires Generosity in 2007

Learn about what's new at the bank and what we've been up to in the community.

January 30, 2008

Melrose, MA – Melrose Bank announced today that their 2007 company wide “Denim Days” donations totaled $2,623. The bank, which adopted “Denim Days” in 2006, donated the money to 12 different charities throughout the year, ranging from St. Jude’s Children’s Hospital to Homes for our Troops.

“It’s great to see donations continue to grow through our staff’s generosity and enthusiasm,” Jim Oosterman, vice president of marketing for the bank said, “but we’re only getting started—our employees are looking forward to making more positive changes in the community through ‘Denim Days’ in 2008.”

Employees pay three dollars each week for the privilege of wearing denim to work on Friday. The money collected is donated to a different charitable organization at an employee’s suggestion each month. Most employees contribute to the selected charity whether or not they wear jeans, and many employees pre-pay at the beginning of every month, generally making larger contributions. Each donation helps to fund programs, advocacy, research and services through charities in the community.

Founded in 1890, Melrose Bank is an independent, mutually owned community bank dedicated to providing financial resources and support for the community it serves in Melrose. Products and services include full-service banking, residential mortgages, consumer loans, retirement plans and investment services. Deposits are insured by the Federal Deposit Insurance Corporation and Share Insurance Fund. Melrose Bank can be contacted at (781) 665-2500 or online at www.melrosebank.com

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