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Needham Bank donates $10,000 to Charles River Center's new residential home in Needham

The South Street home will provide housing for adults with developmental disabilities.

Mark R. Whalen President, Needham Bank, John Grugan, President, Charles River
PRLog - Jan. 16, 2013 - Needham Bank, with branches throughout the greater Boston area has donated $10,000 to the Charles River Center to help offset the cost of construction of its new residential home on South Street in Needham.

The South Street home will provide housing for adults with developmental disabilities; plans are to tear down an existing home at the location and build a 5-bedroom, fully-accessible dwelling for adults with significant cognitive and physical needs.

The Charles River Center provides housing, employment, therapeutic and recreational programs for more than 500 children and adults with developmental disabilities from Needham, Newton, Dedham, Wellesley, Natick and other surrounding MetroWest communities.

“We are excited that we will be building a new home in Needham and we are extremely grateful for the financial support from Needham Bank and other businesses in our community,” said Maria McTernan, Director of Development at The Charles River Center. “This project is truly a partnership between The Charles River Center and the community to provide housing for those most in need.”

“It is our privilege to contribute to the Charles River Center residential home project,” said Mark R. Whalen, President and COO of Needham Bank.  “The Center is recognized as a leading human service provider in our region and we are delighted to be an active supporter of its mission.”

About Needham Bank
Since 1892 Needham Bank has served Boston and its neighboring communities as a leader in personal banking and real estate lending with an evolving range of innovative electronic banking and wealth management services. Known for its commitment to individualized service and a strong commitment to the communities it serves, Needham Bank has five full service offices in Dedham, Medfield, Needham, Wellesley, and Westwood. For more information please visit NeedhamBank.com or call 1-781-444-2100. Needham Bank is a member of FDIC and SIF.

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