SpencerBANK Donates $5,000 to Worcester State Foundation

Pictured here, left to right: Randal D. Webber, Executive Vice President & Chief Lending Officer of SpencerBANK and board member of Worcester State Foundation; K. Michael Robbins, President & CEO of SpencerBANK; Barry M. Maloney, President of Worcester State University; and Thomas M. McNamara, Vice President of University Advancement. This donation marks the final installment of a 3-year, $15,000 pledge for the foundation's annual scholarship program.

Spencer, MA – SpencerBANK recently donated $5,000 as part of a 3-year, $15,000 pledge to the Worcester State Foundation. This donation will benefit the Foundation’s annual scholarship program and will be used to help students overcome financial barriers.

“Through their scholarship program, the Worcester State Foundation offers exceptional opportunities for students seeking a higher education,” said K. Michael Robbins, President and CEO of SpencerBANK. “We are committed to making a difference in the communities we serve and I’m happy to see our pledge help the foundation with their scholarship program.”

About Worcester State Foundation:

As a non-profit organization, the mission of Worcester State Foundation is to increase the awareness of the excellence of Worcester State University. The Foundation does this by promoting the importance and vitality of the institution and by raising private gifts in support of the school’s mission. The Foundation also works to ensure that the University has the resources it needs to thrive and maintain its reputation for excellence, now and into the future.

About SpencerBANK:

Founded in 1871, SpencerBANK is an independent, mutual savings bank serving the residents, businesses, and communities of central Massachusetts from offices in Spencer, Leicester, Rutland, Warren, and Worcester. Deposits are insured in full by a combination of the Federal Deposit Insurance Corporation and the Depositors Insurance Fund. The Bank is an Equal Opportunity Employer, Equal Housing Lender, and SBA Preferred Lender. For more information, visit online, on Facebook or call 800-547-2885.

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