Fidelity Bank Awards $10,000 Grant to Fitchburg Nonprofit NewVue Communities
(LEOMINSTER, Mass.) –, NewVue Communities received a $10,000 investment from Fidelity Bank through their Community Investment Tax Credit Program. NewVue Communities is a Fitchburg based nonprofit dedicated to strengthening communities through home ownership, housing development and small business counseling. “This grant reflects our continuing strong commitment to Fitchburg, which at one time was home to the bank’s only location,” says Fidelity Bank President and COO Christopher McCarthy. “We are proud to support the work of NewVue Communities. Their work aligns perfectly with Fidelity Bank’s LifeDesign promise of being a team of caring people, who take a caring approach, to provide caring solutions for our community, clients and colleagues.” The grant is part of Fidelity Bank’s LifeDesign Community Dividend, which last year paid out more than $330,000 to support more than 250 organizations, causes and events in communities the bank serves, including Fitchburg.
“Fidelity Bank’s support will help us provide services and programs that help create stable and strong communities by investing in both people and places,” says Marc Dohan, Executive Director of NewVue Communities. Fidelity Bank has provided $40,000 in financial support to NewVue Communities over the past four years.
Fidelity Bank recently finalized its merger with Family Federal Savings. The merger brings together two banks with a long history and commitment to the Fitchburg community. The two mutually owned financial institutions were founded in Fitchburg and have been serving clients, employees, and the community for a combined total of 270 years. The merger adds Family Federal Savings full-service offices in Fitchburg, Stow and Needham, giving the bank a total of 14 full- service offices. Fidelity Bank’s 675 Main Street location in Fitchburg has been relocated to Fidelity Bank’s new full-service banking office at the converted Family Federal Savings’ Fitchburg location at 130 Whalon Street in the Twin City Plaza.