Press Release

MountainOne awards $100,000 in FHLB COVID Recovery Grant Funds

Friday, January 8, 2021
MountainOne is pleased to announce they have awarded $100,000 in grant funds from the Federal Home Loan Bank of Boston (FHLB-B) Jobs for New England Recovery Grant pool to nine deserving agencies in the Berkshires and the South Shore.
 
As a member of the FHLB-B, MountainOne applied for and was awarded $100,000 in grant funding to be distributed directly to organizations impacted by the COVID-19 pandemic. Parameters for the grant included the recipient organization having annual revenues under $5,000,000, a certified need based on COVID-19 impacts, and being in good standing with the Commonwealth.
 
MountainOne Vice President of Community Engagement Kelli Kozak noted, “MountainOne’s leadership team took special care to nominate organizations that are in need of funding to continue their important work, but that also have solid management, excellent reputations, and meaningful partnerships with us and our communities. We are so pleased to award these impactful funds to deserving agencies.”
 
The $100,000 grant pool is being distributed among nine agencies that serve both MountainOne’s Berkshire and South Shore communities:
 
Berkshires Organizations:
• CATA (Community Access to the Arts), Great Barrington – Arts outreach programs for individuals with disabilities
• Hillcrest Dental Care, Pittsfield – Dental services for individuals with disabilities and low-income individuals
• Lever, Inc., North Adams – Economic development incubator and workforce programs
• Louison House, Adams – Homeless shelter including supportive apartments and housing services
 
South Shore Organizations:
• Boys & Girls Club of Marshfield – Youth services and childcare programs
• Friendship Home, Norwell – Respite and life skills programs for individuals with disabilities
• Habitat for Humanity of Greater Plymouth – Creating affordable housing for low-income families and veterans
• Interfaith Social Services, Quincy – Food pantry and social services programming for low-income individuals
• QARI (Quincy Asian Resources, Inc.) – Resources and support for the Quincy Asian community
 
The agencies expressed their appreciation to MountainOne and the Jobs for New England program. Executive Director Margaret Keller noted, “CATA is deeply grateful to receive this grant through MountainOne and FHLB Jobs for New England to help mitigate increased expenses and loss of income due to COVID-19. We’ll put these funds to work immediately to help people with disabilities push back against the devastating and isolating impact of the pandemic through vibrant, online arts workshops. CATA programs in dance, painting, music, acting and other art forms will give teens, adults, and elders with disabilities the opportunity to find connection, strengthen skills, and revel in the joy of creative expression—all while they’re sheltering in place.”
 
Executive Director Rick Doane stated, “Interfaith Social Services is incredibly grateful for MountainOne Bank's partnership. Since the pandemic began, our food pantry has seen a record setting number of people seeking assistance. With this grant, our volunteers and staff members will be able to maintain this vital program and ensure that thousands of hungry Massachusetts residents will receive the food and basic hygiene supplies that they need for their families.”
 
About MountainOne
MountainOne is a mutual holding company headquartered in North Adams, MA. Founded in 1848, MountainOne Bank provides a complete array of personal and business banking and electronic services. MountainOne Bank is Member FDIC and Member DIF. MountainOne Insurance provides personal and business insurance, bonding services, and group benefits solutions. The financial advisors of MountainOne Investments offer securities and advisory services to individuals and businesses through Commonwealth Financial Network®, Member FINRA/SIPC, a Registered Investment Adviser. Fixed insurance products and services offered through CES Insurance Agency or MountainOne Investments. MountainOne Bank is not a registered broker-dealer or Registered Investment Adviser. MountainOne Bank and MountainOne Insurance are not affiliated with Commonwealth. Products and services are offered at full service offices in the Berkshires (Pittsfield, North Adams, Williamstown) and on Boston’s South Shore (Quincy, Rockland, Scituate). MountainOne Investments’ main office is located at 85 Main Street, Suite 100, North Adams, MA 01247. (413) 664-4025
 
Insurance and Investments are not insured by the FDIC and are not deposits or other obligations of, or guaranteed by, any depository institution. Funds are subject to investment risks, including possible loss of principal investment.