BayCoast Bank Answers Call For Emergency Funding

Filed Under: Banking, COVID-19 Resource Center

In response to a request for $100,000 from a group of non-profit agencies to assist individuals and families on the South Coast disproportionately impacted by the COVID-19 pandemic, BayCoast Bank and its affiliates have made a recent donation totaling $128,000.

In mid-March, amid the growing COVID-19 crisis, The Community Foundation of SE Mass, the United Way of Greater Fall River and the United Way of New Bedford came together and issued the request for emergency funding in an effort to rapidly attract and deploy resources to regional organizations that provide front-line support to priority populations including vulnerable seniors and youth, those without stable housing, the food insecure and individuals with health vulnerabilities.

In response, BayCoast Bank and its affiliates Plimoth Investment Advisors, Partners Insurance Group, LLC, BayCoast Mortgage Company, LLC and Priority Funding, LLC have provided a one-time grant totaling $128,000 divided among the following organizations: United Way of Greater Fall River, United Way of Greater New Bedford, Community Foundation of SE Mass and SouthCoast Health Systems.  BayCoast Bank and affiliate employees are presently organizing giving campaigns to provide additional funds to the four agencies.

This donation will help to further the efforts of these organizations as they seek to support the residents of the South Coast region in specific ways: The Community Foundation of SE Mass focused on the capacity and sustainability of important non-profits; the United Way focused on satisfying service and support gaps for at-risk populations; and SouthCoast Health Systems as a key frontline healthcare provider.

In addition, BayCoast Bank has purchased $5,000 in local business gift cards and donated 1,500 five-pound bags of potatoes to three local food banks.

These efforts represent BayCoast Bank’s first phase of an assistance plan to support the communities they serve during this unparalleled pandemic.

“In these uncertain times, what is certain is that the needs of many will become even greater as we move through this crisis,” said Nicholas Christ, president and CEO of BayCoast Bank.  “The BayCoast Bank family is committed to doing what we can to alleviate some of the burden caused by this unprecedented health emergency and help support programs that are important to our customers and the communities we serve.”

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