09.11.2008
South Shore Savings Bank Holds 16th Annual Charity Golf Classic
South Weymouth – The 16th Annual South Shore Savings Bank Charity Golf Classic was held on September 8 at the Indian Pond Country Club in Kingston, to raise funds that will benefit many non-profit organizations on the South Shore over the coming year through donations from the South Shore Savings Charitable Foundation.
“Through the generous support of our players and sponsors, the tournament has continued to grow each year and has raised nearly $300,000 since our first tournament in 1993,” said John C. Boucher, President and Chief Executive Officer of South Shore Savings Bank. “These funds have been reinvested in our communities through many different organizations and programs.”
Each year, the South Shore Savings Charitable Foundation presents a donation from the proceeds of the Charity Golf Classic to an organization or program that is dedicated to improving local communities and helping people throughout the South Shore. The recipient of this year’s donation of $10,000 was the Hingham-based Friendship Home, whose mission is to provide quality respite care services in a safe, caring environment to individuals with developmental disabilities, in order to improve their lives and the lives of their families. The donation will assist Friendship Home in their construction of a permanent facility in Norwell.
Originally chartered in 1833, South Shore Savings Bank is a full-service community bank with assets of approximately $950 million and 15 branches. All deposits are insured in full. The FDIC insures all deposits up to $100,000 per depositor and up to $250,000 per depositor for Individual Retirement Accounts (IRAs); all deposits above this amount are insured by the Depositors Insurance Fund (DIF).
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