When Rockville Bank merged with United Bank in 2014, the bank's name was changed to People's United Bank, but the Rockville Bank Community Foundation won't be following suit.
The Connecticut-based foundation, which has been awarding grants and scholarships since 1981, will be exempt from any future bank mergers, the Hartford Courant reports.
"While Rockville Bank no longer exists, the Rockville Bank Community Foundation allows us to carry on something that was so important to Rockville Bank - serving its communities and the families who live in these communities," Foundation President Joann Smith says.
Last year, the foundation awarded more than $125,000 in grants and scholarships. Read the Entire Article
A customized collection of grant news from foundations and the federal government from around the Web.
Ganesh Natarajan is the Founder and Chairman of 5FWorld, a new platform for funding and developing start-ups, social enterprises and the skills eco-system in India. In the past two decades, he has built two of India’s high-growth software services companies – Aptech and Zensar – almost from scratch to global success.