ESSEX SAVINGS BANK FINANCES HVAC UPGRADE FOR AFFORDABLE HOUSING FACILITY

ESSEX SAVINGS BANK FINANCES HVAC UPGRADE FOR AFFORDABLE HOUSING FACILITY March 25th, 2025 –

Essex, Connecticut – Essex Savings Bank donates $33,684 to Deep River Housing Authority (DRHA), which provides income-based elderly and disabled housing at Kirtland Commons. The Bank’s donation will be used to upgrade the facility’s ventilation and central air, a project which benefits Kirtland Commons’ 45 residents as well as staff and visitors. This contribution, which is made possible by the Neighborhood Assistance Act Tax Credit Program, upholds Essex Savings Bank’s commitment to assist low to moderate income community members.
“Essex Savings Bank is pleased to help make this huge difference to the families who call Kirtland Commons home. We are grateful that we are able to tangibly improve the quality of life of so many people,” says Essex Savings Bank President and CEO, Diane Arnold. Deep River Housing Authority Chairman of the Board, Lisa Berube, expresses the organization’s thankfulness, saying, “We are deeply appreciative of Essex Savings Bank’s generosity. Some of our residents have medical conditions that increase their sensitivity to temperature, so the additional control and reliability this upgrade will provide will have an especially significant impact on their wellbeing. The rest of our residents will be thrilled at the comfort this new system will provide.”
Essex Savings Bank is an FDIC-insured, state-chartered, mutual savings bank established in 1851. The Bank serves the Connecticut River Valley and shoreline with six offices in Essex (2), Chester, Madison, Old Lyme, and Old Saybrook providing a full complement of personal and business banking. Financial, estate, insurance, and retirement planning are offered throughout the state by the Bank’s Trust Division, Essex Trust, and its wholly-owned subsidiary, Essex Financial Services, Inc., a Registered Investment Advisor. ###