Savings bank

Machias Savings Bank donates $ 50,000 to Youth & Family Outreach fundraising campaign

Machias Savings Bank says “Yes to Youth” with a $ 50,000 donation to fundraising for Youth & Family Outreach, a Portland-based non-profit organization.

Portland’s workforce infrastructure requires access to quality child care for working parents, especially low-income parents. The “Building a Better Future” fundraising campaign will fund the organization’s ability to double its childcare capacity, build affordable housing and create a new community space designed to support working families in the region of Quebec. Greater Portland.

“Maine is in the midst of a child care crisis, with 68.5% of Maine children under age 6 living in a household with all parents working and child care costs averaging 92 , 6% of tuition and fees at a 4-year-old Maine college, ”said Camelia Babson-Haley, executive director of Youth & Family Outreach. “Our Build a Better Tomorrow campaign was launched to help us grow to meet these growing demands, and we are very grateful to donors like Machias Savings Bank who help make this possible. “

“Youth & Family Outreach is such an amazing organization, and we are delighted that Machias Savings Bank has been able to play a role in expanding childcare opportunities, workforce development and affordable family housing. offered by the organization, ”said Melissa Denbow, vice president, community experience manager at Machias Savings Bank. “These are key areas that are helping to raise the families of Greater Portland to posterity.”

Following a generous $ 250,000 investment from the Sam L. Cohen Foundation in August, which pushed the Building a Brighter Future campaign to over 60% of its expansion project goal, Youth & Family Outreach has asked the community to double the impact of this project. donation with collective matching donations. The organization hopes to reach an additional $ 500,000 by the end of this calendar year and an additional $ 800,000 by June 2022 to reach its full campaign goal. Donations can be made online.

Youth & Family Outreach is a nationally accredited early childhood care and education program with trained staff working to transform the lives of young children and support parent participation in the workforce to to build a stronger community. As a long-standing community institution, YFO engages in strategic partnerships to provide comprehensive services and meet the needs of the whole family.

With nearly $ 2.2 billion in assets, 300 employees and 15 branches from Portland to Caribou, Machias Savings Bank seeks to advance Maine through financial health, one person, one business and one community at a time. Founded in 1869 and a leader in customer experience and community, Machias strives to extend its impact beyond products and services through community giving, its employee volunteer program and by personalizing each customer relationship to help Maine businesses and individuals find their “YES! More details about Machias Savings Bank can be found online at machiassavings.bank. FDIC member.


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