Coastway Community Bank Pledges $100,000 to the RI Mentoring Partnership

WARWICK, RI – Coastway Community Bank announced that it would pledge a donation of $100,000 to the Rhode Island Mentoring Partnership. The funds, which will be used to support the expansion of the mentoring program in the city of Cranston, will be disbursed in increments of $25,000 per year over 4 years, beginning in 2015. The Rhode Island Mentoring Partnership pairs school-age children with adults to meet in school for one hour per week.

“Simply put, Coastway believes in the mentoring mission,” stated William White, Coastway’s president and CEO. “In 2014, we had over 50 employees volunteering their time as mentors in various capacities throughout the state and are constantly working to recruit more. We’ve seen firsthand the difference that can be made in a young person’s life by having a mentor.”

“We’ve been so thrilled with Coastway’s support in the past,” said Jo-Ann Schofield, president and CEO of the Rhode Island Mentoring Partnership. “We’re honored to be the recipient of this donation, that will enable us to help hundreds more children get the support they need.”

Coastway’s donation is being made in honor of Peter Koch, Bank board member and long-time mentor. “Our friend and board member, Peter, has devoted countless hours to the Rhode Island Mentoring Partnership and is an outstanding example of who a mentor is,” said White.

The Rhode Island Mentoring Partnership (RIMP) is a 501(c)3 non-profit organization dedicated to the expansion of quality mentoring services for Rhode Island youth. They believe that every child is one caring adult relationship away from being a success story. RIMP serves as an umbrella organization for dozens of mentoring programs around Rhode Island offering help with mentor recruitment, training, and other support. RIMP is also directly responsible for the coordination of the school-based mentoring programs in Warwick, Woonsocket, Newport, and Middletown.

Coastway Community Bank has been helping Rhode Islanders with their banking and financial needs for over 90 years. With more than $420 million in assets and 27,000 customers, Coastway Community Bank is dedicated to outstanding customer service and the belief that money that stays here, grows here. Coastway is located in Cranston, East Greenwich, East Providence, Lincoln, Providence, Warwick and at www.coastway.com. Member FDIC

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