SCES thanks East Cambridge Saving Bank for supporting Money Management

East Cambridge Savings Bank generously matched the first $5,000 of donations from a recent fundraising drive to benefit the Money Management Program at Somerville-Cambridge Elder Services. Attending the check presentation were, from left, SCES Bill Payer Manager/Compliance Officer RachelMarta Greenberg, SCES Director of Operations & Community Support Colleen Morrissey, SCES CEO Marta Corvelo, SCES Volunteer and Grant Programs Manager Jeremy Bratt, East Cambridge Savings Bank Chief Executive Officer Gilda Nogueira, and East Cambridge Savings Bank President and Chief Lending Officer Tim Bombard.

The annual fundraising drive to support Money Management assistance through Somerville-Cambridge Elder Services (SCES) was a big success, and SCES is thanking East Cambridge Savings Bank for supporting that effort.

Through their charitable foundation, East Cambridge Savings Bank pledged to match the first $5,000 of donations for the fundraising drive, which raised more than $50,000.

“Our Money Management program relies on local support to provide essential assistance in our community,” said SCES CEO Marta Corvelo. “We are so grateful for East Cambridge Savings Bank stepping up to help us provide this lifeline for our older neighbors.”

“Supporting our elder neighbors is a critical way that the Bank and our charitable foundation can enhance the quality of life for all in the communities we serve,” said Gilda Nogueira, the Bank’s chief executive officer. “The Somerville-Cambridge Elder Services Money Management Program is an incredible service that helps senior citizens maintain independence and safeguard their finances. The work that the staff and volunteers do to operate and grow this program is truly remarkable and we admire their commitment to supporting seniors and their families.”

“Somerville-Cambridge Elder Services is a trusted resource for advice, support, and guidance for older adults and their families,” noted Tim Bombard, the Bank’s president and chief lending officer. “The Money Management Program provides peace of mind to senior citizens who use the program and builds social bonds between the volunteers and the seniors they help. It really is a key way to help seniors live dignified and full lives.”

Money Management supports the independence of local older adults who need assistance with bill paying, bank errands, and other essential tasks. The program serves more than 60 older adults in Cambridge and Somerville who need assistance due to failing eyesight, memory loss, or disability.

East Cambridge Saving Bank has generously supported SCES programs since 1995. This was the second consecutive year that East Cambridge Savings Bank supported the Money Management drive through matching donations.

To support Money Management or other SCES programs, click here.

About Somerville-Cambridge Elder Services

Somerville-Cambridge Elder Services (SCES) is a non-profit agency that supports the independence and well-being of older adults in Somerville and Cambridge. For free advice and guidance on questions of aging, caregiving or disability, contact our Aging Information Center at 617-628-2601, email, or visit our website at

About East Cambridge Savings Bank
East Cambridge Savings Bank is a full-service mutually-held bank that is committed to be the preferred banking partner in the communities it serves. Established in 1854, the Bank strives to provide an exceptional customer experience and generous support for the community. Headquartered in Cambridge, the Bank has locations in Arlington, Belmont, Cambridge, Chelsea, Malden, Medford, Somerville, Waltham, and Woburn as well as an educational training facility at Cambridge Rindge and Latin School. The Bank is a member of the Federal Deposit Insurance Corporation (FDIC), the Depositors Insurance Fund (DIF), and is an Equal Housing Lender.