12/20/2016: Hatboro Federal Savings Donates $222,222 to Eight Local Organizations
For Immediate Release
December 20, 2016
Hatboro Federal Savings Donates $222,222 To Eight Local Organizations
(HATBORO, Pa.) Hatboro Federal Savings, one of the area’s leading community banks, announced a $222,222 donation earmarked for eight local organizations that meet the criteria for Pennsylvania’s Educational Improvement Tax Credit Program (EITC). The EITC allows tax credits for eligible businesses that contribute to a scholarship, educational improvement or pre-kindergarten scholarship organization.
The 2016 recipients of Hatboro Federal’s EITC contributions are Big Brothers Big Sisters of Bucks County; CB Cares; Centennial Education Foundation; College Settlement; Hatboro-Horsham Educational Foundation; Lower Moreland Educational Foundation; the Union Library of Hatboro; and Upper Moreland Educational Foundation.
Linda Roehner, CEO of Hatboro Federal Savings notes that the bank has a long and proud history of supporting the communities it serves. “Since we opened our doors more than 75 years ago, we have supported numerous educational foundations and organizations that benefit children of all ages in the communities we serve.” She continued, “This year’s contributions will provide funding for groups that provide much-needed educational services in Bucks and Montgomery Counties.”
Roehner added, “It gives us great pleasure to support the Hatboro Horsham, Lower Moreland, Upper Moreland and Centennial Educational Foundations, whose missions are to enrich and enhance educational opportunities for students through special classroom programs, creative outreach programs, state-of-the-art instructional techniques and more. At Hatboro Feceral, we consider the education of our children to be a top priority. The more we can motivate and excite them about learning, the better,” adds Roehner.
Big Brothers Big Sisters of Bucks County and CB Cares are local organizations that provide programs that help area youth learn, grow and prepare for their future in a positive manner. College Settlement offers overnight and day camp programs for children with financial disadvantages, many of whom live in difficult situations and face challenging
problems in their daily lives. The Union Library of Hatboro is the second oldest library in Pennsylvania, serving the community since 1755. They will use their donation to provide resources for their children’s programs.
About Hatboro Federal Savings:
Hatboro Federal Savings was chartered by the Federal Home Loan Bank Board in February 1941, and has current assets of more than $505 million. Headquartered at 221 S. York Road, in Hatboro, PA, Hatboro Federal also has branch offices in Warminster, Warrington and Jamison, offering financial products and services to individuals, families and businesses. In 2016, Hatboro Federal is celebrating their 75th year in business and in service to the community. To learn more, visit https://www.hatborofed.com.
Hatboro Federal Donates $222,222 to Local Organizations